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…
IMF head says global economy now in recession
WASHINGTON (AP) — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
California virus death toll surpasses 100; infections surge
With cases of coronavirus surging and the death toll surpassing 100, lawmakers are pleading with cooped-up Californians to spend a second weekend at home to slow the spread of infection.
Cruise stocks sink after missing out on economic-relief bill
Shares of cruise lines have taken on more water after the industry's major players were shut out from government assistance as part of the major
Ethanol plants seek rule changes to resupply hand sanitizer
DES MOINES, Iowa (AP) — As hospitals and nursing homes desperately search for hand sanitizer amid the coronavirus outbreak, federal regulators are preventing ethanol producers from providing millions of gallons of …
How to prep for and spend your government relief check
The coronavirus pandemic has upended the lives and finances of millions. A federal relief package aiming to provide payments to distressed consumers passed Friday — but that money is not likely to land for a number…
Consumer spending edges up slight 0.2% in February but declines expected as virus spreads
WASHINGTON (AP) — Consumer spending edges up slight 0.2% in February but declines expected as virus spreads.
Handling mail amid coronavirus: Low risk but wash your hands
Kathy Payne has a routine: She wipes down the trays holding the mail she’s about to deliver. She puts on gloves to sort the letters and packages, then a new pair when she climbs into her vehicle.
Restaurants, trying to stay afloat, revamp menus, operations
CINCINNATI (AP) — In the battle to keep their New York City restaurant going despite sharp restrictions during the coronavirus outbreak, the owners of Il Posto Accanto tried something Beatrice Tosti di Valminuta wo…
Deja vu: LA County sheriff closes gun shops again
LOS ANGELES (AP) — For the second time this week, Los Angeles County Sheriff Alex Villanueva has ordered gun shops to close, a move that challenges the county legal counsel's finding that the stores are essential b…
Tourists stranded in Asia by canceled flights, shut borders
PHUKET, Thailand (AP) — From the sun-soaked beaches of Thailand to the foothills of Mount Everest, tourists across Asia are finding their dream vacations have turned into travel nightmares as airlines cancel flight…
US consumer spending up modest 0.2% in February
WASHINGTON (AP) — Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in coming months reflecting the shutdown of the American economy by the coro…
The Latest: Singapore penalizing social distancing violators
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe…
Hilton, Gap fall; Sportsman's Warehouse rises
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
Stocks drop, but hold on to weekly gains after a big rally
Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and households from the economic devastation being cause…
On Wall Street, some optimism penetrates the uncertainty
Stocks rallied this week as Washington acted to provide $2.2 trillion of relief to an economy shocked by the coronavirus outbreak, leaving some on Wall Street cautiously optimistic that the panicky selling that had…