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…
In rural US, fears of virus seem far away as stores reopen
ROUNDUP, Mont. (AP) — Traffic got a little busier along Main Street, but otherwise, it was hard to tell that coronavirus restrictions were ending in the tiny Montana town of Roundup.
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,…
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…
Caffeine bought online killed teen. But is Amazon at fault?
COLUMBUS, Ohio (AP) — Logan Stiner was just days from high school graduation when his brother found him unresponsive in their family’s home southwest of Cleveland in May 2014.
Masks, separated slots, more cleaning once casinos reopen
ATLANTIC CITY, N.J. (AP) — The coronavirus could be a literal game changer once America's casinos reopen.
Consumer confidence plunges in April as millions lose jobs
WASHINGTON (AP) — U.S. consumer confidence plunged in April as millions lost their jobs and there was an unprecedented deterioration of an index that monitors their attitudes about current business and work conditi…
Conference Board: US consumer confidence tumbles in April
WASHINGTON (AP) — Conference Board: US consumer confidence tumbles in April.
Pandemic exposes gaps in travel insurance coverage
NORFOLK, Va. (AP) — For many people, travel insurance has been little more than a box that pops up on a booking site to offer some cheap peace of mind.
China denies Indian claim that Chinese test kits are faulty
NEW DELHI (AP) — China's embassy in New Delhi has denied allegations by the Indian government that coronavirus testing kits it ordered from China are faulty, calling the claim unfair and irresponsible.
How some companies survive, even thrive, in viral crisis
WASHINGTON (AP) — When the coronavirus struck the United States hard last month, 22-year-old entrepreneur David Zamarin knew his company needed a Plan B — fast. As the economy essentially shut down, demand for his …
UN chief: Use pandemic to 'rebuild our world for the better'
BERLIN (AP) — U.N. Secretary-General Antonio Guterres challenged leaders Tuesday to use the coronavirus pandemic to “rebuild our world for the better” by also working together to tackle other global threats such as…
Development bank to allocate $15 bln to tackle virus fallout
MOSCOW (AP) — The New Development Bank will allocate up to $15 billion for loans to help the so-called BRICS nations - Brazil, Russia, India, China and South Africa - boost their economies amid the coronavirus pand…
US home prices rose before viral outbreak shut economy
WASHINGTON (AP) — U.S home prices were rising at a steady pace in February, before the viral outbreak shuttered much of the economy and caused a sharp decline in home sales.
UPS posts $965 million profit, missing Wall Street's target
ATLANTA (AP) — United Parcel Service Inc. reported a 13% drop in first-quarter profit, to $965 million, as stay-at-home orders generated deliveries to people’s homes but not enough to offset the higher costs and a …
Pfizer 2Q sales and profit down, but it maintains 2020 views
Drugmaker Pfizer said the COVID-19 pandemic is disrupting its patient testing of experimental drugs and will reduce revenue significantly in the second quarter, but its manufacturing plants are running normally.