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 …
Euro countries agree half trillion euros in support
FRANKFURT, Germany (AP) — Governments from the 19 countries that use the euro overcame sharp differences to agree Thursday on measures that could provide more than a half-trillion euros ($550 billion) for companies…
Markets stable amid holidays, oil down on OPEC uncertainty
BANGKOK (AP) — Asian shares were steady in quiet Good Friday trading after Wall Street closed out its best week in 45 years thanks to the Federal Reserve's titanic effort to support the economy through the coronavi…
OPEC says a proposed cut to oil production 'is conditional on the consent of Mexico' after marathon teleconference
DUBAI, United Arab Emirates (AP) — OPEC says a proposed cut to oil production 'is conditional on the consent of Mexico' after marathon teleconference.
Apple, Google to harness phones for virus infection tracking
Apple and Google fueled hopes for digital technology’s promise against a fast-moving, invisible killer, announcing a joint effort to help public health agencies worldwide leverage smartphones to contain the COVID-1…
Business Highlights
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Disney, Six Flags and Big Lots rise; Costco falls
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
Unemployment spikes again; last Utah national park closes
SALT LAKE CITY (AP) — More than 33,000 new Utah residents filed for unemployment last week in yet another increase that illustrates the stunning collapse of the global economy as businesses across industries close …
Panic grocery buying slows; iPhone sales plummeted in March
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the global economy, the work place and the spread of the virus.
UK sees almost 1,000 new virus deaths; Johnson improving
LONDON (AP) — British Prime Minister Boris Johnson needs time to recover from the new coronavirus and is unlikely to be back at work soon, his father said Friday, as millions of Britons began an Easter holiday week…
Singapore battles virus hotspots in migrant workers' dorms
KUALA LUMPUR, Malaysia (AP) — After managing to keep on top of the first wave of coronavirus outbreaks, Singapore is grappling with an alarming rise in infections among migrant workers housed in crowded dormitories…
Bunnies to the rescue as virus hits Belgian chocolatiers
SINT-PIETERS BRUGGE, Belgium (AP) — Master chocolatier Dominique Persoone stood forlorn on his huge workfloor, a faint smell of cocoa lingering amid the idle machinery — in a mere memory of better times.
Virus closes Rio's Copacabana Palace for first time ever
RIO DE JANEIRO (AP) — Rio de Janeiro's stately Copacabana Palace hotel will close its doors Friday for the first time since its inauguration 96 years ago as a result of the coronavirus pandemic.
Scientists warn of Spain's 'premature' exit from lockdown
MADRID (AP) — Spanish authorities say they trust that plans to allow the return of nonessential workers to factories and construction sites next week won’t cause a significant resurgence in coronavirus infections, …
Watchdog: Treasury acted appropriately on Trump tax returns
WASHINGTON (AP) — A watchdog has found that the Treasury Department appropriately handled Congress' request for President Donald Trump's tax returns, which Treasury Secretary Steven Mnuchin has refused to provide.
Global pact to contain oil price crash takes shape
DUBAI, United Arab Emirates (AP) — The OPEC oil cartel and nations including Russia have agreed to boost oil prices by cutting as much as 10 million barrels a day in production, or a tenth of global supply. More co…