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…
Stocks sink following grim data on economic hit from virus
NEW YORK (AP) — Selling swept Wall Street Wednesday after a dismal lineup of reports made clear how historic the coronavirus crunch has been for the economy.
Bank of America, NuVasive fall; Tesla, Plantronics rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
Soft-serve defiance: Ice cream trucks ply Brooklyn streets
NEW YORK (AP) — Usually a welcome harbinger of spring and summer,
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.
Fed notes what most Americans see: A sharp economic downturn
WASHINGTON (AP) — The Federal Reserve is noting what most Americans are already acutely aware of: Economic activity contracted sharply and abruptly cross all regions of the country in recent weeks as the country lo…
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.
UnitedHealth explores growth in ACA insurance marketplaces
UnitedHealth Group’s on-and-off relationship with the Affordable Care Act’s health insurance marketplaces is heating up again.
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.
'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.
Detroit facing fresh fiscal woes with coronavirus closures
DETROIT (AP) — Barely surviving the 2008 economic meltdown and humbled by its 2013 bankruptcy, Detroit’s fiscal future now faces another daunting foe in the coronavirus.
Pentagon: $10B cloud contract that snubbed Amazon was legal
WASHINGTON (AP) — A government watchdog agency said Wednesday the Pentagon's process for awarding a highly lucrative cloud computing contract to Microsoft was in line with legal and government purchasing standards.
Tech companies step up fight against bad coronavirus info
CHICAGO (AP) — Potentially dangerous coronavirus misinformation has spread from continent to continent like the pandemic itself, forcing the world’s largest tech companies to take unprecedented action to protect pu…
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…
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…
UnitedHealth keeps 2020 forecast as coronavirus hit emerges
UnitedHealth Group is sticking with its 2020 profit forecast for now, as the health insurance giant sifts through all the ways the coronavirus pandemic may alter its business.