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…
US could get stake in airlines in exchange for virus grants
The Trump administration is raising the possibility of the government getting ownership stakes in U.S. airlines in exchange for $25 billion in direct grants to help the carriers survive a downturn caused by the cor…
Ford, Fiat Chrysler, Honda, Toyota seek to restart factories
DETROIT (AP) — Ford, Fiat Chrysler, Honda and Toyota took steps Thursday to restart North American factories that have been closed to protect workers from the coronavirus.
In drastic move, Italy shuts most factories to halt virus
Soave, Italy (AP) — Italy has become the first western developed nation to idle most of its industry to halt the spread of the coronavirus, a potential cautionary tale for other governments, such as the Trump admin…
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.
Business events scheduled for the coming week
Business events scheduled for the coming week.
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 has megaphone, but states control virus shutdowns
WASHINGTON (AP) — President Donald Trump has the biggest megaphone, but it's
How major US stock indexes fared Thursday
Stocks soared again Thursday as a massive coronavirus relief bill gets closer to passing Congress. Major indexes jumped more than 6%, bringing the S&P 500 up 17% since Monday. The astonishing rally came even as the…
Congress' relief bill would vastly expand unemployment aid
NEW YORK (AP) — With record-high numbers of Americans seeking unemployment benefits after losing their jobs because of the coronavirus, Congress is set to significantly enhance the program.
Restaurant growth screeches to a halt amid pandemic shutdown
The virus pandemic gripping the nation is slamming the restaurant industry after years of steady growth amid the longest economic expansion in U.S. history.
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…
Stocks surge again on Wall Street after Senate passes coronavirus aid bill, bringing S&P 500 index up 17% since Monday
NEW YORK (AP) — Stocks surge again on Wall Street after Senate passes coronavirus aid bill, bringing S&P 500 index up 17% since Monday.
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…
Signet Jewelers, Bristol-Myers rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
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…