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 declares emergency; world steps up fight against virus
WASHINGTON (AP) — The United States declared a state of emergency Friday as many European countries went on a war footing amid mounting deaths as the world mobilized to fight the widening coronavirus pandemic.
Oil crisis deepens in Libya as losses exceed $3 billion
CAIRO (AP) — The oil crisis in Libya is deepening as a blockade of the country’s vital oil fields generated losses of more than $3 billion, the national oil corporation announced late Thursday.
Delta slashes flights by 40% as virus cripples global travel
Delta Air Lines will cut passenger-carrying capacity by 40% to deal with a nosedive in travel demand, and it is talking to the White House and Congress about assistance to get through a downturn caused by the new c…
Pentagon reconsiders Microsoft contract after Amazon protest
WASHINGTON (AP) — The Pentagon is reconsidering its awarding of a major cloud computing contract to Microsoft after rival tech giant Amazon protested what it called a flawed bidding process.
California virus scare closes venues, delays weddings
LOS ANGELES (AP) — Much of California is shutting down, with theme parks, horse-racing tracks and concert halls locking their doors while some people postpone their weddings as the nation's largest state attempts t…
Fed takes extra steps to sooth virus-rattled bond market
WASHINGTON (AP) — The Federal Reserve and the European Central Bank have taken large steps this week to try to calm financial markets and restore some degree of confidence. So far, it hasn't quite worked. The centr…
US govt OKs letting S Carolina tribe build N Carolina casino
KINGS MOUNTAIN, N.C. (AP) — The South Carolina-based Catawba Indian Nation has received permission from the federal government to build a casino and resort on land over the border in North Carolina.
Trump says US will prop up energy markets by buying oil to fill strategic petroleum reserve 'right up to the top'
WASHINGTON (AP) — Trump says US will prop up energy markets by buying oil to fill strategic petroleum reserve 'right up to the top.'
Adobe, Gap rise; Slack Technologies, Zuora fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
The Latest: Canada cuts key interest rate in amid pandemic
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The Latest: Japan's Olympics minister reaffirms no delay
The Latest on the coronavirus pandemic:
American Dream mall to close for March due to virus concerns
American Dream, the recently opened megamall and entertainment complex in northern New Jersey, will close Monday at least for the rest of the month due to the coronavirus outbreak.
Trump economic team grasps for credibility with outbreak
WASHINGTON (AP) — During the financial crisis a decade ago, President Barack Obama could look around the room and turn to an economist who served as Harvard's president, a former president of the New York Federal R…
Pipeline owner agrees to pay $60M over 2015 California spill
SANTA BARBARA, Calif. (AP) — The owner of an oil pipeline that spewed thousands of barrels of crude oil onto Southern California beaches in 2015 will pay $60 million to to settle allegations that it violated safety…
The Latest: Canada cuts key interest rate in amid pandemic
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