Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Moses Lake SGL plant waiting for buyer
MOSES LAKE — The SGL plant in Moses Lake is for sale, and proposals to buy it are due this week. Basin Ag Sales is…
As lockdowns ease, health officials urge virus vigilance
BANGKOK (AP) — As governments move forward with plans to ease coronavirus restrictions, health officials around the globe are calling on the public to remain vigilant so that hard-won victories in the battle agains…
Google's growth slows as pandemic infests advertising market
BERKELEY, Calif. (AP) — Google reported its weakest revenue growth in nearly five years as the pandemic-driven recession began to shrivel its advertising sales in the first quarter.
Cyprus: 2nd cell phone antenna torched despite no 5G plans
NICOSIA, Cyprus (AP) — Cyprus’ telecoms authority said on Tuesday unknown arsonists have torched a second mobile telephone antenna despite government efforts to quell “groundless” fears that it’s moving to install …
Federal Reserve likely to pledge support for ailing economy
WASHINGTON (AP) — With the U.S. economy gripped by its worst crisis since the 1930s, Federal Reserve policymakers are expected to offer sweeping assurances Wednesday that they will act as needed to help prevent the…
Belgians urged to double down on fries, do national duty
BRUSSELS (AP) — In a country that claims to be the real birthplace of the finger food that Americans have the temerity to call french fries, rescuing the potato industry might easily be a matter of Belgian national…
Indian news media fight virus on financial, political fronts
NEW DELHI (AP) — India's news publishers face a delicate balancing act as they look to offset financial losses from sinking ad sales with support from a government seeking to control the narrative on the coronaviru…
Ford burns up billions of dollars in 1Q, posts $2B net loss
DETROIT (AP) — The coronavirus crisis is forcing Ford Motor Co. to burn through cash at an alarming rate, but its chief financial officer says there's enough money to make it through the year —even if U.S. factorie…
Southwest posts 1st quarterly loss in almost a decade
DALLAS (AP) — Southwest Airlines posted its first quarterly loss in nearly a decade and said Tuesday that the downturn in air travel that began in late February shows no signs of letting up.
Virus-ravaged Europe nudges some doors open, not others
PARIS (AP) — Europeans are starting to venture outside after weeks of confinement, scarred by a virus that has overwhelmed some of the world's best health care systems and killed more than 120,000 in the continent,…
Trump order keeping meat packing plants open worries unions
WASHINGTON (AP) — President Donald Trump took executive action to order meat processing plants to stay open amid concerns over growing
After furloughing 95% of workers, SeaWorld seeks fed loan
ORLANDO, Fla. (AP) — SeaWorld Entertainment is seeking a loan from a federal program meant to help businesses retain workers during pandemic-related shutdowns, but labor group says the theme park company is undeser…
Lawsuit: US citizens with immigrant spouses should get help
PHOENIX (AP) — The Mexican American Legal Defense and Educational Fund has sued the federal government over its denial of coronavirus relief payments to U.S. citizens who are married to immigrants without social se…
D.R. Horton, 3M rise; Merck, Centene fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday:
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery rose $2.72, or 22%, to close at $15.06 a barrel Wednesday. Brent crude oil, the international standard, rose $2.08, or 10.2%, to $22.54 a barrel.
Pepsi beats 1Q forecasts but says outlook is grimmer
PepsiCo — which makes Frito Lay chips and Quaker cereals — is getting a boost as more U.S. consumers eat breakfast and snack at home.