Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Moses Lake's newest Mexican restaurant opens — Cactus
MOSES LAKE — Suced Yusso is a new restaurateur in Moses Lake, opening the Cactus restaurant downtown at 212 S. Div…
US ambassador: China not blocking medical supply exports
BEIJING (AP) — The U.S. ambassador to China said Wednesday that he doesn’t believe Beijing is deliberately blocking exports of masks and other medical supplies to fight the coronavirus, and that the shipment of 1,2…
Evidence of virus' effect on US economy grows more ominous
WASHINGTON (AP) — Evidence of the coronavirus' devastating impact on the U.S. economy has been steadily emerging, and the signs have grown ominous.
US economic data reveals damage; job losses hit Trump resort
The outbreak of the
World oil demand forecast to suffer biggest drop ever
LONDON (AP) — Global demand for oil will fall this year by the most ever due to the economic lockdowns enforced around the world to contain the coronavirus pandemic, the International Energy Agency said Wednesday.
Amid pandemic, Greece raises 2 billion euros in 7-year bond
ATHENS, Greece (AP) — Greece raised 2 billion euros ($2.2 billion) Wednesday with a 7-year bond auction, a result the government hailed as confirmation of market confidence during difficult times created by the cor…
Australian court rules search warrant on journalist invalid
CANBERRA, Australia (AP) — Australia’s highest court ruled on Wednesday that a search warrant at the center of a national storm over press freedom was invalid.
US retail sales fall by record 8.7% in March as Americans pulled back on spending amid viral outbreak
WASHINGTON (AP) — US retail sales fall by record 8.7% in March as Americans pulled back on spending amid viral outbreak.
UK, EU hold Brexit trade talks by video amid virus outbreak
LONDON (AP) — The European Union and Britain said Wednesday they had held “constructive” talks on their future relationship despite the coronavirus pandemic scuttling face-to-face negotiations. But the two sides re…
Mideast economies battered by virus, oil prices and conflict
DUBAI, United Arab Emirates (AP) — The Middle East, already wracked by high numbers of unemployed youth, unrest, conflict and large numbers of refugees, will sink into a recession this year sparked by the double sh…
Amazon suspends all activity in France amid virus crisis
PARIS (AP) — Amazon said Wednesday it will “temporarily” suspend all activity in France, one day after a French court ruled it wasn’t doing enough to protect its workers in the country amid the pandemic.
Apple rolls out cheaper iPhone as pandemic curbs spending
NEW YORK (AP) — Apple is releasing a new iPhone that will be vastly cheaper than the models it rolled out last fall when the economy was booming and the pandemic had yet to force people to rethink their spending.
Richest countries agree to freeze poorer nations' debt
JOHANNESBURG (AP) — The world’s richest countries agreed Wednesday to freeze poor nations’ debt obligations, shortly after nearly 20 European and African leaders made a joint appeal for a massive international effo…
Commerce locks up and retail sales plunge unprecedented 8.7%
WASHINGTON (AP) — U.S. retail sales plummeted 8.7% in March, an unprecedented decline, as the viral outbreak forced an almost complete lockdown of commerce nationwide.
Honk if you love transit workers! Trains salute vital staff
ORLANDO, Fla. (AP) — U.S. train horns can deliver an ear-splitting jolt to drivers sitting in traffic or people drifting off to sleep at home, but on Thursday, they’ll be put to another use.
'A crisis like no other': IMF facing huge demand for support
WASHINGTON (AP) — The head of the International Monetary Fund said Wednesday that the lending agency is facing huge demand for support from its members during the global pandemic.