Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
More homes on the market in the Basin
MOSES LAKE — People hoping to buy a home in July had a better selection available to them than a year ago, accordi…
Judge refuses to approve fire victims letter attacking PG&E
BERKELEY, Calif. (AP) — A federal judge has refused to put his stamp of approval on a letter to Northern California wildfire victims from attorneys who allege that Pacific Gas & Electric may be breaking its promise…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil rose $1.46, or 6.2%, to settle at $25.09 a barrel Wednesday. Brent crude oil, the international standard, rose 97 cents, or 3%, to $32.84 a barrel.
165 VIPs urge 20 economic powers for billions for COVID-19
UNITED NATIONS (AP) — Many former global leaders and other VIPs urged the world’s 20 major industrialized nations to approve $8 billion in emergency funding to speed the search for a vaccine, cure and treatment for…
Wuhan farmers struggle as crops wither from travel limits
HUANGPI, China (AP) — Stuck in the same bind as many other Chinese farmers whose crops are rotting in their fields, Jiang Yuewu is preparing to throw out a 500-ton harvest of lotus root because anti-coronavirus con…
Online grocery services struggle to meet spike in demand
LONDON (AP) — A pandemic forcing everyone to stay home could be the perfect moment for online grocery services. In practice, they've been struggling to keep up with a surge in orders, highlighting their limited abi…
Earl Graves Sr., founder of Black Enterprise magazine, dies
NEW YORK (AP) — Earl Graves Sr., who championed black businesses as the founder of the first African American-owned magazine focusing on black entrepreneurs, has died. He was 85.
'Pharma Bro' wants out of prison to research coronavirus
NEW YORK (AP) — Convicted former drug company CEO Martin Shkreli, known as “Pharma Bro,” wants to get out of prison so he can help research a treatment for the coronavirus, his lawyer said Tuesday.
Lufthansa retires big jets, says rebound could take years
FRANKFURT, Germany (AP) — German airline group Lufthansa said it was permanently removing some of its large aircraft from service and reducing capacity for the long term, saying it will take years for demand for ai…
Market tumult threatens PG&E deal with wildfire victims
BERKELEY, Calif. (AP) — Lawyers who negotiated a crucial $13.5 billion deal for the victims of deadly wildfires caused by Pacific Gas & Electric equipment are expressing serious doubts about whether the nation's la…
US weighs 'war bonds'; Facebook launches virus survey
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the global economy, the work place and the spread of the virus.
Employers posted solid job openings before virus shutdowns
WASHINGTON (AP) — U.S. employers posted a healthy number of job openings in February, evidence that the job market was in decent shape before the viral outbreak brought the economy to a near standstill.
Japan's PM Abe declares state of emergency in Tokyo, 6 other regions to fortify defenses against coronavirus pandemic.
TOKYO (AP) — Japan's PM Abe declares state of emergency in Tokyo, 6 other regions to fortify defenses against coronavirus pandemic.
Twitter's Dorsey sets up $1B fund; consumers get some breaks
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.
Business Highlights
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Work starts in Montana on disputed Canada-US oil pipeline
BILLINGS, Mont. (AP) — A Canadian company said Monday that it's started construction on the long-stalled Keystone XL oil sands pipeline across the U.S.-Canada border, despite calls from tribal leaders and environme…