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…
Gig workers and self-employed keep waiting for jobless aid
WASHINGTON (AP) — Like many Americans cooped up during the virus outbreak, Jeff Kardesch of Austin, Texas, is spending a lot of time on social media. It isn't just idle talk with friends. Kardesch is struggling to …
How major US stock indexes fared Thursday
Wall Street wrapped another turbulent day for stocks Thursday with indexes ending more or less where they started after an early rally got washed away.
Hope dashed: Early rally vanishes, leaving Wall Street mixed
NEW YORK (AP) — An early rally on Wall Street suddenly vanished on Thursday, the latest example of how fragile the hopes underpinning the stock market’s monthlong recovery are.
Florida among slowest states to process unemployment claims
TALLAHASSEE, Fla. (AP) — As unemployment surged during the early weeks of the coronavirus outbreak in the U.S., Florida ranked at or near the bottom of all states in its speed of processing those claims, federal da…
Expedia, CSX rise; Target, Hershey fall
NEW YORK (AP) —
Outbreak mutates retail; automakers set dates for restarting
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the global economy, the work place and the spread of the virus.
EU agrees budget, recovery plan needed to beat virus impact
BRUSSELS (AP) — European Union leaders agreed Thursday to revamp the EU's long-term budget and set up a massive recovery fund to tackle the impact of the coronavirus and help rebuild the 27-nation bloc's ravaged ec…
Gov't puts pressure on public companies to return loans
NEW YORK (AP) — Big public companies that received loans under a government program intended to help small businesses devastated by the coronavirus outbreak could be forced to return it.
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.
Correction: Virus Outbreak-Florida Unemployment story
TALLAHASSEE, Fla. (AP) — In a story April 20, 2020, about Florida’s unemployment claims, The Associated Press incorrectly said that Luis Perulero was furloughed by Delta Air Lines from his job as a ramp supervisor …
$310B for small business loans likely spoken for, banks say
NEW YORK (AP) — Small business owners still applying for loans under the government's coronavirus relief program may end up disappointed — the $310 billion being added to the program may already be spoken for.
$23M to get Detroit students tablets, internet amid pandemic
WEST BLOOMFIELD, Mich. (AP) — About 51,000 K-12 public school students in Detroit will receive computer tablets and high-speed internet to help transition from classroom to virtual learning during the coronavirus p…
Despite risks, auto workers step up to make medical gear
DETROIT (AP) — Cindy Parkhurst could have stayed home collecting most of her pay while the Ford plant where she normally works remains closed due to coronavirus fears.
Supreme Court rejects EPA's narrow view of Clean Water Act
WASHINGTON (AP) — The Supreme Court ruled Thursday that sewage plants and other industries cannot avoid environmental requirements under landmark clean-water protections when they send dirty water on an indirect ro…
US long-term mortgage rates edge higher; 30-year at 3.33%
WASHINGTON (AP) — Long-term mortgage rates rose slightly this week, continuing to hover near all-time lows amid anxiety over the economy and housing market gut-punched by the shutdown spurred by the coronavirus pan…