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…
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…
The Latest: Ohio's presidential primary halted due to risk
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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…
As pandemic spreads, China's ex-epicenter down to 1 new case
MADRID (AP) — The battle to contain the coronavirus reached new urgency, as more governments locked down borders and ordered new closures and restrictions and pleas went out to funnel masks and ventilators to place…
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…
As Congress eyes economic package, Democrats seek $750B
WASHINGTON (AP) — With an urgency unseen since the Great Recession, Congress is rushing to develop a sweeping economic lifeline for American households and businesses suddenly capsized by the
Lockdowns, tanking stocks: Virus fight shifts to Europe, US
MADRID (AP) — The global battle to contain the coronavirus reached a new level of urgency Monday, as governments locked down borders, a new wave of closures and restrictions kept more than 500 million students at h…
The Latest: IRC starts $30M campaign to aid vulnerable areas
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Business Highlights
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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…
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…
Stocks plunge as Wall Street, White House see recession risk
NEW YORK (AP) — The U.S. stock market plunged to its worst day in more than three decades as voices from Wall Street to the White House said the coronavirus may be dragging the economy into a recession.
Closing prices for crude oil, gold and other commodities
Benchmark crude oil fell $3.03 to settle at $28.70 a barrel. Brent crude oil, the international standard, fell $3.80 to close at $30.05 a barrel. Wholesale gasoline fell 21 cents to 69 cents a gallon. Heating oil f…
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
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.