Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Basin home prices up overall
MOSES LAKE — Home prices were up across most of the Columbia Basin in August, the latest month for which informati…
With US border work on track, rural towns fear virus spread
BILLINGS, Mont. (AP) — Major construction projects moving forward along the U.S. borders with Canada and Mexico are raising fears the coronavirus could race through temporary work camps and spread to rural communit…
Energy stocks lead U.S. markets higher as the price of oil soars 25% on hopes for a truce in Saudi-Russia price war
NEW YORK (AP) — Energy stocks lead U.S. markets higher as the price of oil soars 25% on hopes for a truce in Saudi-Russia price war.
ML employer forecasts a hit from COVID-19 pandemic
WIESBADEN, Germany — SGL Carbon announced Wednesday that the company was forecasting a larger decline in sales for 2020 than was originally projected. The forecasted results for fiscal year 2020 are unlikely to be …
Bank expect deluge of desperate businesses seeking loans
NEW YORK (AP) — Millions of small businesses are expected to apply for a desperately needed rescue loan Friday, a stern test for a banking industry that has had less than a week to prepare for the deluge.
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…
Mexican economy may contract by 4 to 8% in 2020
MEXICO CITY (AP) — Mexico's Treasury predicted Thursday that the country's economy will contract by as much as 3.9% in 2020 the face of the spreading COVID-19 pandemic, but private analysts are making even more dir…
Walgreens, Shopify fall; Occidental, Nevro rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
World Bank OKs first $1.9B for poor countries battling virus
WASHINGTON (AP) — The World Bank on Thursday approved its first funds to help some of the globe's poorer countries combat the coronavirus outbreak.
Wall Street rises for first time in three days as oil spurts
NEW YORK (AP) — Wall Street rallied Thursday for its first gain in three days after a sudden surge in oil prices revived beaten-down energy stocks. But, as has so often been the case in this year's volatile market,…
How major US stock indexes fared Thursday
Energy companies led stocks broadly higher on Wall Street Thursday, giving the market its first gain in three days.
Record jobless claims but Dems, GOP divide over rescue bill
WASHINGTON (AP) — Fresh
Energy stocks lead U.S. markets higher as the price of oil soars 25% on hopes for a truce in Saudi-Russia price war
NEW YORK (AP) — Energy stocks lead U.S. markets higher as the price of oil soars 25% on hopes for a truce in Saudi-Russia price war.
Fish-oil firm keeps 'sustainable' label despite controversy
NORFOLK, Va. (AP) — A company that makes fish-oil supplements will keep its certification for sustainable fishing despite defiance of catch limits in the Chesapeake Bay.
US allowing longer shifts at nuclear plants in pandemic
WASHINGTON (AP) — U.S. nuclear plants will be allowed to keep workers on longer shifts to deal with staffing problems in the
Judge tosses shareholder suit over Lululemon CEO's departure
DOVER, Del. (AP) — A Delaware judge has dismissed a shareholder lawsuit against sports apparel maker Lululemon Athletica over its decision to give a $5 million severance package to its former CEO rather than fire h…