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…
Ship at center of virus outbreak raided by Australian police
BRISBANE, Australia (AP) — Police wearing protective gear boarded a cruise ship to seize evidence and question crew members of the vessel linked to hundreds of coronavirus infections and 15 deaths across Australia.
US gig workers and self-employed face delays in jobless aid
WASHINGTON (AP) — After Rich Cruse saw about $3,000 in income for his photography business quickly disappear to the coronavirus, he tried to apply for unemployment benefits in California. But like many states, his …
Half billion more people face poverty due to virus - report
LONDON (AP) — Around half a billion people could be pushed into poverty as a result of the economic fallout from the coronavirus pandemic unless richer countries take “urgent action” to help developing nations, a l…
UN urges governments to tackle recession, scrap debt payment
UNITED NATIONS (AP) — More than 60 U.N. agencies and international organizations urged governments on Thursday to take immediate steps to address the unfolding global recession and financial crisis wrought by the c…
Pandemic has set the number of air travelers back decades
The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus.
10% of US labor force now out of work since virus slammed economy as 6.6 million file for jobless aid
WASHINGTON (AP) — 10% of US labor force now out of work since virus slammed economy as 6.6 million file for jobless aid.
Record 16.8 million have sought US jobless aid since virus
WASHINGTON (AP) — With a
Stocks are opening higher on Wall Street after the Federal Reserve takes more aggressive action to support the economy
NEW YORK (AP) — Stocks are opening higher on Wall Street after the Federal Reserve takes more aggressive action to support the economy.
Historic oil price plunge trashes sector's profit outlook
LOS ANGELES (AP) — Amid a historic Wall Street crash it's been the energy sector that's suffering the worst selling, thanks to a double whammy of the coronavirus crisis and a price war among big crude producers.
Virus outbreak delivers tech darlings a harsh reality check
Just as the coronavirus outbreak has boxed in society, it’s also squeezed high-flying tech companies reliant on people’s freedom to move around and get together.
The Latest: Japanese leaders press PM to hasten measures
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…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil fell $2.33, or 9.3%, to settle at $22.76 a barrel Thursday. Brent crude oil, the international standard, fell $1.36, or 4.1%, to $31.48 a barrel.
Saudi state TV says OPEC+ deal is 10 million barrels per day cut to July 1; 8 million per day cut through end of year
DUBAI, United Arab Emirates (AP) — Saudi state TV says OPEC+ deal is 10 million barrels per day cut to July 1; 8 million per day cut through end of year.
A new $2.3 trillion Fed plan to aid localities and companies
WASHINGTON (AP) — The Federal Reserve unleashed a new series of moves Thursday to try to make loans available to states, localities and companies that have been hard hit by the coronavirus.
How major US stock indexes fared Thursday
Stocks closed broadly higher on Wall Street Thursday, rounding out the best week for the benchmark S&P 500 index since 1974.