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…
Business Highlights
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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.
The mighty bull market falls victim to a tiny virus
NEW YORK (AP) — In the end, the mighty bull was slayed by a tiny virus.
A glance at mortgage rates: mixed after hitting all-time low
U.S. long-term mortgage rates were mixed this week after hitting all-time lows last week amid anxiety over risks to the economy from the deepening coronavirus crisis. The average rate on a 30-year fixed mortgage ro…
As central banks intervene to calm markets, few see solution
WASHINGTON (AP) — The Federal Reserve and the European Central Bank moved Thursday to try to calm financial markets and restore some degree of confidence. It didn't quite work. The central banks are facing a crisis…
Judge approves $143M natural gas explosions settlement
BOSTON (AP) —
Heartbreak hotel: No Elvis or Route 66 for barred Europeans
PARIS (AP) — A Las Vegas wedding with an Elvis impersonator: Canceled. A 3,500-kilometer (2,200-mile) trans-America road trip, a voyage of a lifetime that took months to prepare: On ice, too.
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…
How major US stock indexes fared Thursday
The stock market had its biggest drop since the Black Monday crash of 1987 Thursday as fears of economic fallout from the coronavirus crisis deepened.
Stocks plummet again as travel bans and virus-related shutdowns escalate; Dow loses more than 2,300 points, or 10%
NEW YORK (AP) — Stocks plummet again as travel bans and virus-related shutdowns escalate; Dow loses more than 2,300 points, or 10%.
Asian shares extend coronavirus panic selling as Japan's Nikkei 225 plunges 10%, many regional markets down about 7%
TOKYO (AP) — Asian shares extend coronavirus panic selling as Japan's Nikkei 225 plunges 10%, many regional markets down about 7%.
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.
Facebook takedowns reveal sophistication of Russian trolls
Facebook and Twitter revealed evidence Thursday suggesting that Russian efforts to interfere in the U.S. presidential election are getting more sophisticated and harder to detect.
Montana, Navajo company reach deal on mine to waive immunity
BILLINGS, Mont. (AP) — Montana regulators have reached a deal allowing the state to enforce environmental laws at a large coal mine bought by a Navajo-owned company, officials said Thursday.
As central banks intervene to calm markets, few see solution
WASHINGTON (AP) — The Federal Reserve and the European Central Bank moved Thursday to try to calm financial markets and restore some degree of confidence. It didn't quite work. The central banks are facing a crisis…