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…
Thailand enacts shutdowns to curb spread of coronavirus
BANGKOK (AP) — Thailand's government has enacted stronger measures to combat the spread of the coronavirus, including postponing the country's biggest holiday, shutting down schools and closing bars.
Cathay Pacific cutting 90% of April flights due to virus
HONG KONG (AP) — Hong Kong’s Cathay Pacific Airways says it will cut its flight schedule by 90% in April after passenger traffic in February fell by more than half from a year ago amid travel curbs to fight the cor…
Spying on the virus: Israel secret service to track patients
JERUSALEM (AP) — The head of Israel's shadowy Shin Bet internal security service said Tuesday that his agency received Cabinet approval overnight to start deploying the agency's phone surveillance technology to hel…
Volkswagen to close Europe plants for two weeks
FRANKFURT, Germany (AP) — Volkswagen said Tuesday it would close most of its European plants for two weeks due to uncertainty about demand for cars and supplies of parts amid the virus outbreak and said it wasn't p…
Businesses prepare to close or limit services
MOSES LAKE — Businesses across the county woke up to the news that they would be forced to shutter their doors or limit their business in the coming weeks in t…
Local business people keep going as others are forced to close
MOSES LAKE — If there was one thing that united retailers the length of downtown Moses Lake Monday afternoon, it was the determination to keep the doors open.
Business Highlights
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Financial markets in turmoil over fear of virus lockdowns
BEIJING (AP) — Global stocks fell sharply Monday after central bank moves to shore up economic growth failed to dispel investor's fears over virus controls that are shutting down global business and travel.
France says people must stay home to slow spread of virus
PARIS (AP) — France said Monday that it would follow other European countries in confining residents mostly to their homes during the COVID-19 pandemic, while the European Union considered closing its external bord…
San Francisco Bay Area counties issue shelter-in-place order
SAN FRANCISCO (AP) — Officials in seven San Francisco Bay Area counties issued a sweeping shelter-in-place mandate Monday affecting about 7 million people, ordering residents to stay at home and go outside only for…
Iditarod loses another major sponsor
ANCHORAGE, Alaska (AP) — One of the Iditarod’s top sponsors is dropping financial support, the second major sponsor with Alaska ties to sever relationships with the sled dog race this month.
Pakistan PM warns new virus may devastate developing nations
ISLAMABAD (AP) — Pakistan's prime minister said Monday he fears the new coronavirus will devastate the economies of developing nations, and warned richer economies to prepare to write off the debts of the world's p…
Beleaguered airlines seek US grants, loans, tax relief that could exceed $50 billion
DALLAS (AP) — Beleaguered airlines seek US grants, loans, tax relief that could exceed $50 billion.
Business and economic reports scheduled for Tuesday
Business and economic reports scheduled for Tuesday.
Closing prices for crude oil, gold and other commodities
Benchmark crude oil fell $1.75 to settle at $26.95 a barrel. Brent crude oil, the international standard, fell $1.32 to close at $28.73 a barrel.