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…
Microsoft divests from Israeli facial-recognition startup
Microsoft said Friday it is pulling its investments from a facial-recognition startup that scans faces at Israeli military checkpoints, even though the tech giant couldn't substantiate claims that the startup's tec…
Are gun shops 'essential' businesses during a pandemic?
In some parts of the U.S., authorities say gun shops aren't essential businesses and should close during stay-at-home orders meant to slow the coronavirus. In other places, officials are stopping background checks …
California restaurants say 30% to close without state aid
LOS ANGELES (AP) — As many as 30,000 California restaurants could close permanently because of coronavirus restrictions that have shuttered dining rooms and led to widespread layoffs, the industry warned Friday, wh…
Stocks open lower on Wall Street as market gives back some of the ground it won in a big 3-day rally; indexes off 3%
NEW YORK (AP) — Stocks open lower on Wall Street as market gives back some of the ground it won in a big 3-day rally; indexes off 3%.
Trump signs $2.2 trillion stimulus bill to provide payments to most Americans, rescue virus-hit businesses
WASHINGTON (AP) — Trump signs $2.2 trillion stimulus bill to provide payments to most Americans, rescue virus-hit businesses.
Farmworkers key to keeping US fed are wary of virus spread
SACRAMENTO, Calif. (AP) — Salvador Calzadillas isn't worried about catching the coronavirus when he's picking mandarin oranges in the trees in central California. But he said the mere act of getting to the groves e…
A few miles away yet worlds apart, 2 families wait out virus
SAN FRANCISCO (AP) — One week in isolation. Two families. Only a few miles away, yet a world apart.
Coronavirus deals one-two financial punch to state budgets
The coronavirus is pounding state governments with a financial one-two punch, costing them millions to try to contain the disease just as businesses are shutting down and tax revenue is collapsing. The sharp drop i…
Asian shares advance after stimulus surge on Wall Street
BANGKOK (AP) — Shares advanced on Friday in Asia after Wall Street logged a third straight day of gains with the approaching congressional approval of a massive coronavirus relief bill.
Texts, not door-knocks: Census outreach shifts amid virus
ORLANDO, Fla. (AP) — In tiny Munfordville, Kentucky, the closure of the public library has cut people off from a computer used only for filling out census forms online. In Minneapolis, a concert promoting the once-…
Price-gouging allegation leaves 750,000 face masks in limbo
HOUSTON (AP) — The state of Texas sued a Houston auctioneer on Thursday after halting an auction of 750,000 medical-grade and N95 face masks, alleging price gouging in the sale of the masks commonly used by health …
India's central bank cuts benchmark rate to decade-low 4.4%
NEW DELHI (AP) — India’s central bank on Friday cut its key interest rate by a sizable 75 basis points to 4.4% from 5.15% to ease financing troubles caused by the coronavirus outbreak and help revive the economy.
PG&E to use wildfire victims fund to pay for past crimes
BERKELEY, Calif. (AP) — Pacific Gas & Electric is warning its elaborate plan for getting out of bankruptcy might collapse if the utility can’t pay for its crimes in a deadly Northern California wildfire by taking m…
National bills coming due, with risk; consumers see it, too
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus.
Stocks are closing 3% lower on Wall Street but still held on to weekly gains after a rally this week as aid bill passed
NEW YORK (AP) — Stocks are closing 3% lower on Wall Street but still held on to weekly gains after a rally this week as aid bill passed.