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…
Edmunds: How to seek car payment relief during the pandemic
A record 16.7 million Americans have filed for unemployment benefits in the past few weeks as the coronavirus pandemic took hold in the U.S. and shut down business on a large scale. When people are struggling to ke…
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.
The Latest: China reports 46 new virus cases, 10 domestic
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…
China's exports fall in March as pandemic hits world markets
BEIJING (AP) — China’s exports fell in March but at slower pace than the 17% contraction seen in January-February as the coronavirus shutdown paralyzed much business activity.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil fell 24 cents, or 1.2%, to settle at $19.87 a barrel Wednesday. Brent crude oil, the international standard, fell $1.91, or 6.5%, to $27.69 a barrel.
Virus cases about 2M worldwide; few new hot spots
WASHINGTON (AP) — New York's coronavirus death toll topped 10,000 and the worldwide number of confirmed cases hovered around 2 million on Monday, even as the lack of fresh hot spots globally yielded a ray of optimi…
US returns $300 million in stolen funds to Malaysia
LOS ANGELES (AP) — The U.S. has returned $300 million to Malaysia that prosecutors say was stolen in a multibillion-dollar corruption scheme, authorities announced Tuesday.
Fiat Chrysler recalls pickups, SUVs to fix windshield wipers
DETROIT (AP) — Fiat Chrysler is recalling more than 550,000 pickup trucks and SUVs worldwide because the windshield wiper arms can come loose and stop the wipers from working properly.
IMF projects Lebanon's economy will shrink 12% in 2020
BEIRUT (AP) — The International Monetary Fund projected Tuesday that Lebanon’s economy will shrink 12% in 2020 amid the country's worst economic and financial crisis in decades.
Judge OKs PG&E plan to pay $19M in fees from victims fund
BERKELEY Calif. (AP) — The Northern California victims of catastrophic wildfires caused by Pacific Gas & Electric's decaying electrical grid will have at least $19 million siphoned way from a $13.5 billion fund for…
Huge mall now testing site; grocery workers seek protections
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the global economy, the work place and the spread of the virus.
Asian stocks sink after IMF says global economy will shrink
Asian stocks edged lower Wednesday after the International Monetary Fund said the global economy will suffer its worst year since the Great Depression of the 1930s due to the coronavirus pandemic.
Coronavirus relief checks won’t have to be repaid, feds say
CHICAGO (AP) — Videos and online reports claiming that millions of Americans will have to repay the relief checks they receive from the federal government under the $2.2 trillion coronavirus economic recovery bill …
Republicans decry Michigan governor's latest stay-home order
LANSING, Mich. (AP) — Michigan Gov. Gretchen Whitmer's decision to toughen rather than relax what already was one of the nation's strictest stay-home orders in response to the coronavirus is hitting opposition in h…