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…
Distilleries using high-proof alcohol to make hand sanitizer
NEW TRIPOLI, Pa. (AP) — A Pennsylvania distillery owner who grew increasingly angry as he saw the skyrocketing price of hand sanitizer has decided to do something about it: He’s temporarily converting his operation…
Life in San Francisco area screeches to a halt amid shutdown
SAN FRANCISCO (AP) — First, people were advised to avoid large gatherings.
Fiat Chrysler, MGM Resorts fall; Kroger, Clorox rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
Cheap fares luring travelers to fly despite pandemic
With the coronavirus pandemic escalating in the U.S. and overseas, Dylcia McBlackwell couldn't justify taking a single spring vacation. Air fares were so cheap, she decided to book three.
NY, NJ, Connecticut to close bars, eateries to fight virus
NEW YORK (AP) — Bars and restaurants will become takeout-only and businesses from movie theaters and casinos to gyms and beyond will be shuttered Monday night throughout New York, New Jersey and Connecticut because…
Japan nuke reactor taken offline due to delayed safety steps
TOKYO (AP) — The operator of a nuclear power plant in southern Japan was forced to shut down one of its reactors Monday because of a failure to meet the deadline for adding anti-terror safety facility made mandator…
Asian shares bounce after Wall St dive, recession warning
BANGKOK (AP) — Shares reversed early losses in Asia on Tuesday after the U.S. stock market plunged to its worst day in more than three decades and huge swaths of many economies came to a standstill as businesses an…
New Zealand announces economic stimulus equal to 4% of GDP
WELLINGTON, New Zealand (AP) — New Zealand's government said Tuesday it would spend billions of dollars supporting hard-hit companies as it tries to shore up an economy headed for recession because of the coronavir…
Trump pledges federal support for airlines struggling amid pandemic, says 'we're going to back the airlines 100%'
WASHINGTON (AP) — Trump pledges federal support for airlines struggling amid pandemic, says 'we're going to back the airlines 100%.'
EU funds firm developing virus vaccine amid US interest
BERLIN (AP) — The European Union on Monday announced a multimillion-dollar investment in a German company that is working on a potential vaccine for the
4 rebels killed in clash in Indonesia's Papua region
TIMIKA, Indonesia (AP) — Four Papuan independence fighters were killed in an ongoing clash between security forces and a rebel group near the world's largest gold mine in Indonesia's easternmost Papua region, polic…
How major US stock indexes fared Monday
The Dow industrials sank nearly 3,000 points Monday as fears deepened on Wall Street that the coronavirus outbreak will throw the global economy into recession. The 12.9% drop in the Dow was its worst since 1987.
Google sibling Verily launches COVID-19 screening website
SAN FRANCISCO (AP) — Google sister company Verily has launched a
Virus seizes markets and business as usual hits a wall
Global markets and businesses big and small opened the week to a landscape seemingly altered by the coronavirus pandemic. National retail chains have closed all stores. Banks are taking steps to keep cash on hand, …
Stock losses deepen past 10% as US government advises people to avoid large gatherings, Trump sees chance of recession
NEW YORK (AP) — Stock losses deepen past 10% as US government advises people to avoid large gatherings, Trump sees chance of recession.