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…
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.
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 …
Home internet jammed up? Try these steps before upgrading
With so much of the U.S. workforce — and their families — now cooped up at home to combat the spread of the novel coronavirus, it's not a huge surprise that home internet is showing the strain.
Low-cost airline HK Express suspends flights through April
HONG KONG (AP) — Hong Kong low-cost airline HK Express, part of the Cathay Pacific Group, said Friday it was suspending all flights through the end of April due to falling demand amid the coronavirus outbreak.
Stores set up senior shopping hours amid coronavirus fears
RICHMOND, Va. (AP) — As senior citizens deal with anxiety about the coronavirus, grocery store chains and other retailers have come up with a way to ease their fears: shopping times reserved exclusively for them.
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…
Congress toils on $1 trillion rescue, Trump unleashes fury
WASHINGTON (AP) — As leaders from Congress and the White House toiled in high-stakes negotiations on a mammoth $1 trillion-plus economic rescue package Friday, President Donald Trump unleashed fury on those questio…
US home sales jumped to 13-year high before viral outbreak
WASHINGTON (AP) — U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as people stop showing their property out of fear of infection in the coronavi…
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.
Stocks are opening higher on Wall Street as markets see somewhat calmer trading after a brutal week of swings
NEW YORK (AP) — Stocks are opening higher on Wall Street as markets see somewhat calmer trading after a brutal week of swings.
California governor issues statewide stay-at-home order
SACRAMENTO, Calif. (AP) —
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.
Filthy lucre: Paper money shunned for fear of virus spread
NEW YORK (AP) — In a world suffering a pandemic, cash is no longer king.
Asian stocks rise after Wall Street gains on aid hope
BEIJING (AP) — Asian stock markets were mostly higher Friday after modest Wall Street gains on hopes government and central bank action can shield the world economy from a looming global recession caused by the cor…