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…
Asian stocks slide after weak US data add to global gloom
BEIJING (AP) — Asian stocks were mostly lower Thursday after unexpectedly weak U.S. retail and other data added to gloom about the impact of the coronavirus pandemic.
Hit by the virus and weighing a raid on your 401(k)? Beware
Many Americans are struggling financially due to the coronavirus. A recent
Costco, Bank of NY rise; United Airlines, Rite Aid fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
5.2 million more seek jobless aid as number of laid-off people since virus struck keeps mounting
WASHINGTON (AP) — 5.2 million more seek jobless aid as number of laid-off people since virus struck keeps mounting.
Oil and gas giant Shell targets 'net zero' emissions by 2050
BERLIN (AP) — Energy company Royal Dutch Shell told investors Thursday that it aims to stop adding greenhouse gases to the atmosphere by 2050, a move that was welcomed by some climate campaigners even as others cal…
With price high, Thais with dwindling incomes sell off gold
BANGKOK (AP) — With gold prices rising to a seven-year high, many Thais have been flocking to gold shops to trade in their necklaces, bracelets, rings and gold bars for cash, eager to reap profits during an economi…
Government nears lending limit on small business program
NEW YORK (AP) — The government is approaching the $349 billion lending limit on its Paycheck Protection Program that is funneling relief money to the nation’s small businesses.
7 Midwest states to partner on reopening the economy
LANSING, Mich. (AP) — Seven Midwestern governors announced Thursday that they will coordinate on reopening their state economies amid the coronavirus pandemic, after similar pacts were made in the Northeast and on …
Tribes question relief funds for Alaska Native corporations
FLAGSTAFF, Ariz. (AP) — Native American leaders are raising questions about how $8 billion in federal coronavirus relief for tribes will be distributed, with some arguing that for-profit Alaska Native corporations …
Business owners left out as lending program goes on hold
NEW YORK (AP) — The government’s lending program for small businesses is tapped out, leaving business owners who still need loans waiting for Congress to approve more funding.
China tries to revive economy but consumer engine sputters
BEIJING (AP) — China, where the coronavirus pandemic started in December, is cautiously trying to get back to business, but it’s not easy when many millions of workers are wary of spending much or even going out.
Amsterdam set to ban tourist home rentals in 3 neighborhoods
AMSTERDAM (AP) — Amsterdam, in the midst of an unprecedented tourism slump caused by restrictions aimed at slowing the spread of the coronavirus, announced Thursday that it is planning to ban people from renting ou…
Layoffs and pay cuts are now striking more white collar jobs
WASHINGTON (AP) — First, it was bars, restaurants, hotels. And clothing stores, movie theaters, entertainment venues. And countless small businesses, from bookstores to barber shops.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil fell $1.60, or 8.1%, to settle at $18.27 a barrel Friday. Brent crude oil, the international standard, rose 26 cents to close at $28.08 a barrel.
Bangladesh garment workers seek unpaid wages as orders stop
DHAKA, Bangladesh (AP) — Hundreds of Bangladeshi workers who produce garments for global brands blocked a highway at a protest demanding their unpaid wages during a nationwide lockdown that has forced most factorie…