Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Port of Moses Lake issues bonds to buy property
MOSES LAKE — The Port of Moses Lake will issue about $19 million in bonds to buy land adjoining existing port prop…
Trump moves to blunt coronavirus' heavy impact on US economy
WASHINGTON (AP) — Ahead of an expected surge in coronavirus cases, President Donald Trump on Tuesday moved to blunt the impact of the pandemic on a U.S. economy fundamentally altered by a push for the nation to sta…
Auto workers union presses companies to close US factories
DETROIT (AP) — The United Auto Workers union wants Detroit's three automakers to shut down their factories for two weeks to keep its members safe from the spreading coronavirus.
Border chaos, choked supply lines in attempts to slow virus
BERLIN (AP) — Strict new controls to slow the spread of the coronavirus froze traffic at global borders Tuesday, idling trucks in columns more than 30 miles long at some European crossings, while masked security of…
7M people in San Francisco area wake up to empty streets
SAN FRANCISCO (AP) — About 7 million people in the San Francisco Bay Area woke up Tuesday to nearly empty highways, shuttered stores and vacant streets after officials issued an order for residents to shelter at th…
Amazon now accepting only warehouse shipments of cleaning equipment, medical supplies and household goods to meet demand
NEW YORK (AP) — Amazon now accepting only warehouse shipments of cleaning equipment, medical supplies and household goods to meet demand.
Fed to try to ease flow of credit with new lending facility
WASHINGTON (AP) — In its latest emergency action, the Federal Reserve is establishing a lending facility to try to ease the flow of short-term credit to banks and businesses as the economy grinds to a halt from the…
Govts pledge aid as global commerce seizes in face of virus
Governments and central banks are scrambling to find ways to keep businesses from going bankrupt as the virus outbreak
Federal Reserve will buy short-term loans from banks and companies to try to smooth flow of credit
WASHINGTON (AP) — Federal Reserve will buy short-term loans from banks and companies to try to smooth flow of credit.
Retail sales fall 0.5% in February, biggest drop since 2018
WASHINGTON (AP) — Retail sales fell 0.5% in February, the largest drop in more than a year, indicating that the consumer sector was slowing even before the coronavirus struck with force in the United States. Econom…
US job openings jumped in January, before virus outbreak
WASHINGTON (AP) — U.S. employers sharply increased the number of jobs they advertised in January, a sign the job market and economy were in mostly solid shape before the virus outbreak hit.
US industrial production rises 0.6% in February
WASHINGTON (AP) — U.S. industrial production rose last month for the first time since November as chillier weather kept utiliities busy and an uptick in auto production pushed manufacturing output higher. The econo…
"How are we going to eat?" Virus tests Europe's social nets
MADRID (AP) — The morning rush-hour scene at Madrid’s Atocha train station this week perfectly captured the dilemma facing Europe as it confronts the coronavirus.
Stocks are opening broadly higher on Wall Street, a day after plunging to their worst loss in more than three decades
NEW YORK (AP) — Stocks are opening broadly higher on Wall Street, a day after plunging to their worst loss in more than three decades.
Retail sales fall 0.5% in February, indicating weakness before virus hit with force
WASHINGTON (AP) — Retail sales fall 0.5% in February, indicating weakness before virus hit with force.
Food delivery service Waitr was $291M in the red for 2019
LAFAYETTE, La. (AP) — Louisiana-based food delivery service Waitr was over $290 million in the red in 2019, but its CEO says there are plans to increase cash flow.