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…
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…
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.
Highlights of Congress' $2.2 trillion virus relief package
WASHINGTON (AP) — Some highlights of a
Fed chair Powell says will provide nearly unlimited lending
WASHINGTON (AP) — Jerome Powell says the Federal Reserve would provide essentially unlimited lending to support the economy as long as it is damaged by the viral outbreak.
Business Highlights
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US economy grew at 2.1% rate in fourth quarter
WASHINGTON (AP) — The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for some time as the country endures a sharp contract…
'Not forgotten': UK unveils big new scheme for self-employed
LONDON (AP) — The British government unveiled another massive income support scheme on Thursday, this time for the 5 million-or-so self-employed people, many of whom face financial ruin from the shock of the corona…
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.
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.
EU leaders order up recovery plan for after coronavirus
BRUSSELS (AP) — European Union national leaders told the bloc’s finance ministers Thursday to draw up new measures to tackle the devastating economic impact of the coronavirus pandemic after failing to bridge major…
Many businesses cautious about restarting economy amid virus
PROVIDENCE, R.I. (AP) — President Donald Trump wants the country open for business by mid-April, but some experts warn it's not as easy as flipping a switch: Economies run on confidence, and that is likely to be in…
US unemployment claims soar to 3.3 million -- quadrupling record from 1982 -- as layoffs from coronavirus engulf economy
WASHINGTON (AP) — US unemployment claims soar to 3.3 million -- quadrupling record from 1982 -- as layoffs from coronavirus engulf economy.
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 …