Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Insurance rates won’t go up in wake of 2026 wildfires
MOSES LAKE — Almost three-fifths of American homeowners have concerns about their insurance rates going up due to …
Union Pacific predicts 25% drop in volume because of virus
OMAHA, Neb. (AP) — Union Pacific's first-quarter profit improved 6%, but the railroad expects shipping volume to plummet 25% in the second quarter because of the ongoing coronavirus outbreak.
Fed will provide monthly disclosures on support programs
WASHINGTON (AP) — The Federal Reserve said Thursday that it will provide monthly reports on several of its economic rescue programs supported by the $2 trillion rescue program passed by Congress.
Immigrants, hard hit by economic fallout, adapt to new jobs
NEW YORK (AP) — Ulises García went from being a waiter to working at a laundromat. Yelitza Esteva used to do manicures and now delivers groceries. Maribel Torres swapped cleaning homes for sewing masks.
Virus pushes US unemployment toward highest since Depression
NEW YORK (AP) — Unemployment in the U.S. is swelling to levels last seen during the Great Depression of the 1930s, with 1 in 6 American workers thrown out of a job by the coronavirus, according to new data released…
Sales of new homes in US plunged 15.4% in March as virus tightened grip
WASHINGTON (AP) — Sales of new homes in US plunged 15.4% in March as virus tightened grip.
ADM idles large Iowa, Nebraska corn-based ethanol plants
DES MOINES, Iowa (AP) — Ethanol producer ADM said Thursday it is idling production at its corn ethanol plants in Cedar Rapids, Iowa, and Columbus, Nebraska, furloughing 90 employees in each facility for at least fo…
Asian shares lower as Wall St rally fizzles, oil rebounds
TOKYO (AP) — Asian shares are lower Friday after an early rally on Wall Street suddenly vanished, the latest example of how fragile the hopes underpinning the stock market’s monthlong recovery are.
China promises subsidies to boost falling electric car sales
BEIJING (AP) — China is promising more subsidies to shore up plunging electric car sales amid the coronavirus pandemic but set limits that exclude Tesla’s made-in-China model.
Venezuela turns to Iran for a hand restarting its gas pumps
CARACAS, Venezuela (AP) — As the Trump administration increases pressure on Venezuela's Nicolás Maduro, the socialist leader has turned to Iran for help jump starting an aging refinery to prevent the South American…
Virus outbreak delays US government review of e-cigarettes
WASHINGTON (AP) — Electronic cigarette companies will have four additional months to submit their products for government review because of delays tied to the coronavirus outbreak.
New home sales plunge 15.4% in March as virus hits
WASHINGTON (AP) — U.S. new home sales plunged 15.4% in March as a winding down in the middle of the month due to the coronavirus began to rattle the housing market.
With masks and distancing, Volkswagen restarts production
ZWICKAU, Germany (AP) — German automaker Volkswagen restarted production on Thursday at its plant in Zwickau, where its crucial mass-market electric vehicle is being made ahead of its launch later this year.
The Latest: Sharp Corp holding lottery for popular masks
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Paper mill is back in business after dramatic explosion
JAY, Maine (AP) — A paper mill disabled by a dramatic explosion
Preparation, quick action aid Germany, SKorea virus fight
BERLIN (AP) — Derided by many economists for years for insisting on a balanced budget and criticized for a health care system seen as bloated and overly expensive, Germany has found itself well equipped now to weat…