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…
Outbreak: bankruptcies, layoffs, quiet skies and empty rails
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Thursday related to the global economy, the work place and the spread of the virus.
US shed 701,000 jobs in March in face of virus, ending a record hiring streak after nearly 10 years
WASHINGTON (AP) — US shed 701,000 jobs in March in face of virus, ending a record hiring streak after nearly 10 years.
'Disaster' feared if sick moved to California nursing homes
LOS ANGELES (AP) — A California directive that could open the way for some patients sickened with COVID-19 to be sent from overburdened hospitals to nursing homes is being criticized by industry officials who fear …
OSHA cites companies in deadly New Orleans hotel collapse
NEW ORLEANS (AP) — A federal agency has issued citations against a dozen companies in connection with last fall’s
Chinese struggle to return to work as virus controls ease
WUHAN, China (AP) — After two months in locked-down Wuhan, Wei Lei was eager to get back to work on a railway construction site. Instead, the 22-year-old found himself stranded at an expressway toll plaza where pol…
Activity in the US service sector slows in March to an index reading of 52.5 with bigger virus-related slowdown expected
WASHINGTON (AP) — Activity in the US service sector slows in March to an index reading of 52.5 with bigger virus-related slowdown expected.
Business Highlights
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US service sectors slows in March
WASHINGTON (AP) — Growth in the U.S. service sector slowed in March with a much bigger decline expected in coming months from all the shutdowns and job layoffs that have occurred because of efforts to contain the c…
White House convenes oil CEOs as bust threatens US boom
WASHINGTON (AP) — President Donald Trump offered assurances of better times and coronavirus tests to oil CEOs at a White House summit Friday, but no firm proposals for easing the industry's way as the coronavirus p…
Stocks drop as coronavirus crunches the job market, economy
NEW YORK (AP) — The stock market’s first reaction to Friday’s stunningly bad jobs report was to take it in stride. But Wall Street slid through the day as investors looked ahead to the likelihood that even worse nu…
Can you fix ventilators? A fuel cell engineer figures it out
SACRAMENTO, Calif. (AP) — It was late when engineer Joe Tavi’s boss called with an odd question: Could their company, which makes fuel cells, learn how to fix a ventilator?
Local newspapers are facing their own coronavirus crisis
NEW YORK (AP) — Just when Americans need it most, a U.S. newspaper industry already under stress is facing an unprecedented new challenge.
'Desperate' tourists stranded by India lockdown told to wait
NEW DELHI (AP) — Tourists stranded in India after their vacations were abruptly ended by India’s coronavirus lockdown and grounded flights are running out of money and hoping their embassies can help them get home.
Tesla's 1Q car sales surged before pandemic shut things down
BERKELEY, Calif. (AP) — Tesla's sales of its increasingly popular electric cars got off to fast start this year, even though the company had to slam the brakes along with other major automakers last month because o…
How major US stock indexes fared Friday
Stocks closed broadly lower on Wall Street Friday following the latest grim snapshot of the toll the coronavirus is having on the labor market as the economy grinds to a halt.