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…
UK broadens two key schemes to limit lockdown's economic hit
LONDON (AP) — The British government has broadened two of the biggest economic relief programs it has put in place to limit the economic fallout of the coronavirus pandemic.
Asia Today: Abe says social distancing still insufficient
BANGKOK (AP) — Japanese Prime Minister Shinzo Abe said coronavirus social distancing efforts are still insufficient a day after he expanded a state of emergency to the entire country.
Philippine economic chief resigns amid coronavirus crisis
MANILA, Philippines (AP) — The Philippine economic planning secretary has resigned partly due to “differences in development philosophy” with some Cabinet members as the country scrambles to deal with the pandemic …
Relief checks are a lifeline for some, a cushion for others
Millions of Americans received government relief checks this week, and more are on the way. For some, the payment gets them to a more comfortable place financially; for others, the money just gets them to next mont…
Public trust key, EU insists, in developing virus apps
BRUSSELS (AP) — As European countries develop coronavirus tracing apps, the European Union is urging its 27 member states them to make them voluntary and ensure that the many national systems can work together.
China's economy in worst downturn since '60s in virus battle
BEIJING (AP) — China faces a drawn-out struggle to revive an economy that suffered its biggest contraction since possibly the mid-1960s after millions of people were told to stay home to fight the coronavirus.
Businesses apply in droves for emergency loans; funds run out
WASHINGTON, D.C. — The federal government’s two top emergency loan programs for small businesses — the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) program — have run out of money.
How major US stock indexes fared Thursday
Stock indexes ended a wobbly day with modest gains Thursday, while the biggest increases went to Amazon, Netflix and other companies poised to do the best during the coronavirus crunch.
US judge cancels permit for Keystone XL pipeline from Canada
BILLINGS, Mont. (AP) — A U.S. judge canceled a key permit Wednesday for the Keystone XL oil pipeline that’s expected to stretch from Canada to Nebraska, another setback for the disputed project that got underway le…
US long-term mortgage rates hover near low; 30-year at 3.31%
WASHINGTON (AP) — U.S. long-term mortgage rates hovered near all-time lows for the third straight week amid fresh signs of severe damage to the economy and the housing market from the shutdown spurred by the corona…
The Latest: Wuhan raises number of COVID-19 deaths by 1,290
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe ill…
Coffins in the parking lot: A Spanish funeral home copes
BARCELONA, Spain (AP) — Jordi Fernández’s 16-year-career as a mortician didn’t prepare him for the hundreds of bodies that are streaming into the Barcelona funeral home where he works.
US home construction collapsed 22.3% in March
WASHINGTON (AP) — U.S. home-building activity collapsed in March as the coronavirus spread, with housing starts tumbling 22.3% from a month ago.
Man accused of causing delay in delivery of health equipment
ATLANTA (AP) — A former vice president of a medical device packaging company is accused of causing a delay in the delivery to health care providers of personal protective equipment, which is in short supply during …
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