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…
Asian stock markets, US futures sink after Fed's rate cut
BEIJING (AP) — Asian stock markets and U.S. futures fell Monday after the Federal Reserve slashed its key interest rate to shore up economic growth in the face of mounting global anti-virus controls that are shutti…
United Airlines says it will cut flight capacity by half in April and May, expects the cuts to extend to summer travel
CHICAGO (AP) — United Airlines says it will cut flight capacity by half in April and May, expects the cuts to extend to summer travel.
Spain locks down its citizens, while France shuts nightlife
BARCELONA, Spain (AP) — Spain locked down its 46 million citizens and France ordered the closing of just about everything the rest of the world loves about it — the Eiffel Tower, the Louvre, the cafes and restauran…
Fed takes emergency action to slash short-term rate to nearly zero and ease banking rules to encourage lending
WASHINGTON (AP) — Fed takes emergency action to slash short-term rate to nearly zero and ease banking rules to encourage lending.
Census faces challenges as it aims to hire up to 500,000
ORLANDO, Fla. (AP) — The U.S. Census Bureau said it has reached its goal of recruiting more than 2.6 million applicants for the once-a-decade head count that launched for most of America this week — but it has been…
Saudi Aramco, kingdom's state-run oil giant, says net income dropped by $22.9 billion to $88.2 billion in 2019
DUBAI, United Arab Emirates (AP) — Saudi Aramco, kingdom's state-run oil giant, says net income dropped by $22.9 billion to $88.2 billion in 2019.
Japan's central bank says it will supply 1-year, 0% interest loans to support corporate funding and battle virus impact
TOKYO (AP) — Japan's central bank says it will supply 1-year, 0% interest loans to support corporate funding and battle virus impact.
Fed takes emergency steps to slash rates and ease bank rules
WASHINGTON (AP) — The Federal Reserve took massive emergency action Sunday to try to help the economy withstand the coronavirus by slashing its benchmark interest rate to near zero and saying it would buy $700 bill…
Daily life near a standstill as nations try to halt pandemic
ROME (AP) — Meeting with friends, dining out, worshiping and other daily routines have nearly halted as nations take drastic steps to try to stop the coronavirus pandemic.
Oil giant Saudi Aramco sees 2019 profits drop 20% to $88.2B
DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco said Sunday its profits dropped 20% in 2019 to $88.2 billion, a sharp decline coming as the kingdom stands ready to flood an already-weakened global energy …
Tenn. brothers donate sanitizer products bought for resale
Thousands of bottles of hand sanitizer and packs of antibacterial wipes and medical masks have been donated after a failed attempt by two Tennessee brothers to resell them for profit during the U.S. coronavirus out…
Explosion in Lagos kills at least 15, Nigerians probe cause
LAGOS, Nigeria (AP) — An explosion hit Nigeria's commercial capital of Lagos early Sunday, killing at least 15 people and sparking search-and- rescue efforts to save people still trapped in collapsed buildings, eme…
Apple temporarily shuts stores worldwide to fight virus
LONDON (AP) — Tech giant Apple is closing its stores outside of China for two weeks and will only sell online as part of efforts to fight the global viral pandemic.
Global economic coordination not happening in virus crisis
FRANKFURT, Germany (AP) — When the global economy melted down in 2008, world leaders swiftly created an international forum to boost economies by spending more and keeping trade open. Central banks announced rate c…
Virus voting: France holds local elections despite fears
PARIS (AP) — French voters went to the polls Sunday to choose mayors and other local leaders but the second round of the vote was put into question amid concerns over low turnout and the rapid spread of the new cor…