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…
Tesla, Big Lots rise; Embraer, Regeneron fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
Digital-ad downturn may complicate life for Google, Facebook
Demand for digital advertising is shriveling after a decade of explosive growth amid the pandemic-fueled downturn. That could complicate things for Google and Facebook, who for the first time may have to contend wi…
Small business loan program restarts, runs into snags
NEW YORK (AP) — The second round of loan applications for the government's small business relief program has been slowed by computer issues at the Small Business Administration.
Hotels, Airbnb beef up cleaning standards to calm travelers
Hotels and home-sharing companies are beefing up their cleaning efforts in order to soothe jittery travelers.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil fell $4.16, or 24.6%, to close at $12.78 a barrel Monday. Brent crude oil, the international standard, fell $1.45, or 6.8%, $19.99 a barrel.
Tesla says cars can automatically stop for traffic lights
DETROIT (AP) — After testing on public roads, Tesla is rolling out a new feature of its partially automated driving system designed to spot stop signs and traffic signals.
Virus is expected to reduce meat selection and raise prices
DES MOINES, Iowa (AP) — Meat isn't going to disappear from supermarkets because of outbreaks of the coronavirus among workers at U.S. slaughterhouses. But as the meat plants struggle to remain open, consumers could…
Over 4 million UK jobs furloughed under government scheme
LONDON (AP) — More than 4 million jobs have been saved in the U.K. as a result of a government scheme aimed at making sure firms hold onto staff during the coronavirus lockdown, Treasury chief Rishi Sunak said Mond…
Health officials ready new guidelines as restrictions ease
WASHINGTON (AP) — Businesses should close break rooms. Restaurants should consider disposable menus and plates. Schools should have students eat lunch in their classrooms.
Companies stash cash to survive; Europe reopens, slowly
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the global economy, the work place and the spread of the virus.
Questions swirl as Fed meets amid deepening economic crisis
WASHINGTON (AP) — The Federal Reserve has largely calmed turbulent financial markets. Yet a far tougher task remains: Helping rescue an economy and job market that appear to be free-falling into the worst catastrop…
UK says it won't extend EU talks despite virus upheaval
LONDON (AP) — The British government insisted Monday that it won’t extend the deadline for striking a post-Brexit deal with the European Union, despite the upheaval caused by the coronavirus.
Court rules insurers can collect $12B under health care law
WASHINGTON (AP) — The Supreme Court ruled Monday that insurance companies can collect $12 billion from the federal government to cover their losses in the early years of the health care law championed by President …
Adidas earnings slammed by virus, online sales picking up
FRANKFURT, Germany (AP) — Sports apparel and shoe company Adidas saw its earnings fall sharply in the first quarter as the virus outbreak closed 70% of its global store base. Net profit from continuing operations f…
Lebanon protests hinder virus testing by health teams
BEIRUT (AP) — Scattered anti-government protests broke out in several parts of Lebanon on Monday amid a crash in the local currency and a surge in food prices, leading to road closures that prevented medical teams …