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 …
European economies on course for unprecedented recessions
LONDON (AP) — Europe's economies are heading for unprecedented recessions as a result of the lockdown measures put in place by governments to get a grip on the coronavirus pandemic, closely watched surveys indicate…
Hot Pockets heir seeks to avoid prison time, citing virus
An heir to the Hot Pockets fortune who was sentenced to five months in prison in the college admissions bribery scheme asked a judge Wednesday to allow her to serve her punishment at home because of the coronavirus…
Streaming video, online retailers escape pandemic pounding
NEW YORK (AP) — COVID-19 may have knocked U.S. stocks into a bear market and pummeled the U.S. economy, but the disease has also left some companies asking the question: “What recession?”
Banks: New $310B for small businesses likely already used up
NEW YORK (AP) — The more than $300 billion set aside to replenish the emergency loan program for small businesses impacted by the coronavirus pandemic is likely already all spoken for, banking industry groups said …
As 4th virus relief bill nears passage, fight looms over 5th
WASHINGTON (AP) — Congress is on the verge of passing an almost $500 billion coronavirus relief bill, but battle lines already are forming over the next measure amid growing demands to approve additional billions f…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery rose $2.72, or 19.7%, to close at $16.50 a barrel Thursday. Brent crude oil, the international standard, rose 96 cents, or 4.7%, $21.33 a barrel.
PG&E's top exec to end short stint at beleaguered utility
BERKELEY, Calif. (AP) — PG&E Corp. CEO Bill Johnson will step down from his job just 14 months after the nation's largest utility hired him to rescue it from a financial mess caused by a history of negligence and t…
26 million have sought US jobless aid since virus hit
WASHINGTON (AP) — More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the
Sales of cleaning products amid outbreak buoy Unilever
THE HAGUE, Netherlands (AP) — Increased sales of cleaning and hygiene products helped compensate falling demand for foods like ice cream amid the coronavirus crisis as consumer products giant Unilever recorded firs…
Wuhan embraces Yangtze River as virus-hit city reopens
WUHAN, China (AP) — Bathed in golden late-afternoon light, Chen Enting snapped a photo of his ticket to commemorate his first ferry ride across the Yangtze River after a 76-day quarantine ended in the Chinese city …
Argentina doesn't make payment, starting default countdown
BUENOS AIRES, Argentina (AP) — Argentina said it didn’t make $500 million in debt payments due Wednesday, starting a 30-day countdown to a possible default unless the government and bondholders can reach a deal on …
Think things are bad for airlines? It's about to get worse
The biggest and most profitable U.S. airline just posted its first quarterly loss in more than five years. Now things are going to get really bad.
How major US stock indexes fared Wednesday
Technology companies led broad gains for stocks on Wall Street Wednesday, giving the market its first gain after two days of losses.
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.
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