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…
Closing prices for crude oil, gold and other commodities
Benchmark crude oil fell $1.09 to close at $21.51 a barrel Friday. Brent crude oil, the international standard, fell $1.41 to $24.93 a barrel.
3.3 million seek US jobless aid, nearly 5 times earlier high
WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.
Lowe's hiring, McMenu shrinks, top Ford execs to defer pay
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed as it continues to spread across the world. Here is a look at some of the latest developments Thursday related to the…
Trump issues order in effort to force General Motors to produce ventilators under Defense Production Act
WASHINGTON (AP) — Trump issues order in effort to force General Motors to produce ventilators under Defense Production Act.
Maine sail-maintenance shop turns to sewing medical masks
NEW YORK (AP) — On the coast of Maine, Eric Baldwin and his staff of two usually spend their days selling, repairing and washing sails for boats. They transform their surplus sailcloth into tote bags to bring in ex…
Washington set to deliver $2.2 trillion virus rescue bill
WASHINGTON (AP) — With rare bipartisanship and speed, Washington is about to deliver massive, unprecedented legislation to speed help to individuals and businesses as the coronavirus pandemic takes a devastating to…
Virus relief package could help Trump, Kushner businesses
WASHINGTON (AP) — The $2 trillion legislative package moving through Congress to shore up the U.S. economy devastated by the coronavirus was carefully written to prevent President Donald Trump and his family from p…
California man arrested in tout for coronavirus 'cure'
LOS ANGELES (AP) — The FBI has arrested a Southern California man who officials said falsely claimed to have developed a cure for the coronavirus and solicited investments in a company he said would market the medi…
Hockey equipment maker Bauer shifts to medical shields
Hockey equipment manufacturer Bauer has shifted from making visors for helmets to medical visors for those fighting the coronavirus pandemic.
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.
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.