Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Insurance rates won’t go up in wake of 2026 wildfires
MOSES LAKE — Almost three-fifths of American homeowners have concerns about their insurance rates going up due to …
Nebraska mall plans to reopen despite climbing virus cases
OMAHA, Neb. (AP) — An upscale outlet mall near Omaha plans to reopen later this month even as the number of coronavirus cases and deaths continue to grow and even though a statewide order prohibits gatherings of mo…
Virus sours business for already-reeling dairy industry
MARSHFIELD, Vt. (AP) — This was supposed to be rebound year for dairy farmers embattled by at least four years of depressed milk prices — and then the coronavirus hit.
The top iPhone and iPad apps on App Store
The top iPhone and iPad apps on App Store week ending April 12th
Australian cardinal links corruption to child abuse charges
CANBERRA, Australia (AP) — Cardinal George Pell has linked his fight against corruption in the Vatican with his prosecution in Australia for alleged child sex abuse.
IMF: Global economy will suffer worst year since Depression
WASHINGTON (AP) — Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.
Wells Fargo takes 1Q earnings, revenue hit from virus
NEW YORK (AP) — Wells Fargo's profits plunged nearly 90% in the first quarter as the bank set aside billions of dollars in preparation for consumers and businesses defaulting on loans due to the coronavirus pandemi…
Renault closing main China business, will focus on electrics
BEIJING (AP) — Renault SA said Tuesday it will shut down its main China business and focus on electric and commercial vehicles.
JPMorgan 1Q profit drops 70% as it readies for loan defaults
NEW YORK (AP) — JPMorgan Chase is preparing for the possibility that customers ranging from credit card holders to oil companies could fail to pay back billions of dollars in loans as the economy reels from the cor…
Israeli police use drones to check in on virus patients
JERUSALEM (AP) — The drone glides up toward a high-rise until it reaches an apartment window where a woman waves from inside, proving to police that she is self-isolating after testing positive for the coronavirus.
How major US stock indexes fared Tuesday
Stocks rose Tuesday as investors focused on how and when authorities may begin to lift business shutdowns and stay-at-home orders imposed to slow the spread of the coronavirus. Big companies also began reporting th…
Major airlines line up to split $25 billion in payroll aid
The nation’s biggest airlines have tentatively agreed to terms for $25 billion in government aid to pay workers and avoid massive layoffs in an industry that has been slammed by the coronavirus pandemic.
A rare intervention by the US helped seal crucial OPEC deal
NEW YORK (AP) — As demand for fuel plummeted worldwide and the oil industry faced a devastating drop in oil prices, the U.S. took the rare move of stepping into negotiations involving the member countries of OPEC a…
French court orders Amazon to suspend non-essential sales
PARIS (AP) — A French court has ordered Amazon to stop selling, receiving or delivering non-essential goods for the next month to protect its employees from the virus.
Treasury, airlines tentatively agree on $25 billion in federal aid to pay workers and employ them through September.
DALLAS (AP) — Treasury, airlines tentatively agree on $25 billion in federal aid to pay workers and employ them through September.
Court sets June arguments on Dayton gunman's school records
COLUMBUS, Ohio (AP) — The Ohio Supreme Court on Tuesday set June 3 to hear oral arguments in a case filed by news media groups seeking school records about the man who gunned down nine people in Dayton in August.