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…
FDA changes boost alcohol for sanitizer from ethanol makers
DES MOINES, Iowa (AP) — The Food and Drug Administration has relaxed regulations on the types of alcohol that can be used to make hand sanitizers during the shortage caused by the coronavirus pandemic, expanding th…
US consumer confidence sinks as virus begins having impact
WASHINGTON (AP) — U.S. consumer confidence tumbled this month to its lowest level in nearly three years as the impact of the coronavirus on the economy began to be felt.
Fed steps in once again to try to smooth out lending markets
WASHINGTON (AP) — The Federal Reserve is intervening once again to try to smooth out the world's lending markets, this time by lending dollars to other central banks in exchange for Treasurys.
EU launches new naval mission to police Libya arms embargo
BRUSSELS (AP) — The European Union announced Tuesday the launch of a new naval mission in the Mediterranean Sea aimed at enforcing the U.N. arms embargo on Libya, after Italy blocked a previous operation claiming t…
Ukraine approves legislation in a bid for IMF aid
KYIV, Ukraine (AP) — Ukraine's parliament has voted to lift the ban on the sale of farmland in a move that would allow the country to get $8 billion worth of aid from the International Monetary Fund.
Dubai throws Emirates Air a cash lifeline as travel grounded
DUBAI, United Arab Emirates (AP) — Dubai's government announced Tuesday it will inject equity into Emirates airlines as the Middle East's largest carrier grounds nearly all of its flights due to coronavirus restric…
Durant, Young highlight players-only NBA 2K tourney on ESPN
NEW YORK (AP) — Kevin Durant and Trae Young will lead a 16-player field of NBA players in an NBA 2K20 tournament airing on ESPN.
Regulators mull reversing $462M increase in PG&E fire fines
BERKELEY, Calif. (AP) — California power regulators are weighing a recommendation to back off plans to fine Pacific Gas and Electric an additional $462 million over a series of deadly Northern California wildfires …
Urgent question from small businesses: When will aid arrive?
NEW YORK (AP) — When will the money arrive?
How major US stock indexes fared Tuesday
Stocks closed lower on Wall Street Tuesday, ending the first three months of the year with a decline of 20%, the market's worst quarter since the dark days of the financial crisis.
Asian stocks fall on lagging worries about virus, recession
TOKYO (AP) — Asian shares were mixed on Wednesday, on continuing worries about the economic fallout from the pandemic as reports of coronavirus cases keep surging in various regions.
Help heads to NYC as experts predict over 100,000 US deaths
NEW YORK (AP) — With refrigerated morgue trucks parked on New York City's streets to collect the surging number of dead, public health officials projected Tuesday that the coronavirus could ultimately kill more tha…
Marriott says new data breach affects 5.2 million guests
Marriott says guests’ names, loyalty account information and other personal details may have been accessed in the second major data breach to hit the company in less than two years.
FIFA sees 'duty' to help as pandemic ravages soccer finances
As the economic consequences of the coronavirus pandemic ripple across world football, FIFA sees a "duty” to offer a lifeline from its vast cash reserves.
Most large local industrial employers remain in operation
MOSES LAKE — Most of the region’s largest businesses are either too specialized or essential to the fight against the COVID-19 virus to change to producing medical goods or equipment, according to the head of a loc…