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…
Trump keeps talking during market hours; stocks keep tanking
WASHINGTON (AP) — When President Donald Trump speaks, financial markets gyrate and quiver in real time.
California awakes to new reality: Homebound amid outbreak
LOS ANGELES (AP) — While California awoke Friday to the reality of a near lockdown to prevent the spread of coronavirus, it was business as usual for Rick Curnutt and his family, who were hunkered down in China dur…
Business Fallout: Starbucks limits access, Target raises pay
Less than three months ago came the first reports of cases of pneumonia related to a virus first detected in Wuhan, China. The outbreak of the virus that causes COVID-19 has caused unprecedented disruptions that ha…
Business Fallout: Starbucks limits access, Target raises pay
Less than three months ago came the first reports of cases of pneumonia related to a virus first detected in Wuhan, China. The outbreak of the virus that causes COVID-19 has caused unprecedented disruptions that ha…
United Airlines warns of massive layoffs without federal aid
Leaders of United Airlines and its labor unions are raising the threat of massive layoffs if Washington doesn’t provide “sufficient” help to the airline industry by the end of this month.
Senators deny trading on virus info as scrutiny mounts
WASHINGTON (AP) — Facing public outrage, senators in both political parties denied Friday that they exploited advance knowledge when they dumped stocks and other financial holdings before the coronavirus wreaked ha…
Fed ramps up lending, bond buying to calm financial markets
WASHINGTON (AP) — The Federal Reserve moved with unprecedented force and speed Friday to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak.
PG&E reaches bankruptcy deal with California governor
SACRAMENTO, Calif. (AP) — Pacific Gas & Electric and California Gov. Gavin Newsom announced a deal Friday that removes one of the last hurdles for the nation's largest utility to emerge from a bankruptcy triggered …
`Accept it': 3 states lock down 70 million against the virus
Illinois and New York state joined California on Friday in ordering all residents to stay in their homes unless they have vital reasons to go out, restricting the movement of more than 70 million Americans in the m…
States still reporting surge in virus-related jobless claims
JEFFERSON CITY, Mo. (AP) — Some states on Friday continued to report huge spikes in new claims for unemployment benefits after a week of widespread business closures as a precaution against the spread of the corona…
Southwest Airlines cuts most flights in and out of Midway
CHICAGO (AP) — Southwest Airlines said Friday that it had significantly scaled back its flights in and out of Midway International Airport, its Chicago hub, days after federal authorities closed the airport's contr…
How major US stock indexes fared Friday
Wall Street had its worst week since the financial crisis of 2008 as traders went into full retreat out of fear that the coronavirus will plunge the U.S. and other major economies into deep recessions.
Dow drops more than 900 points, ending worst week since 2008
Wall Street ended the week the same way it began: in full retreat from the coronavirus.
Carnival, MGM Resorts rise; Ford, AT&T, Coca-Cola fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
UK pubs shut, state steps in to pay wages in face of virus
LONDON (AP) — The coronavirus pandemic has turned everything on its head in the global economy, not least in Britain where the center-right Conservative government effectively socialized large chunks of the private…