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…
Dow Jones industrials drop 1,600 points, 6.4%, as investors await broader response to economic damage from coronavirus
NEW YORK (AP) — Dow Jones industrials drop 1,600 points, 6.4%, as investors await broader response to economic damage from coronavirus.
Canadian firm starts US prep work for Keystone XL pipeline
BILLINGS, Mont. (AP) — A Canadian company said Wednesday it has started preliminary work along the route of the proposed Keystone XL oil sands pipeline through the U.S. in anticipation of starting construction next…
US budget deficit up 14.8% for first 5 months of fiscal year
WASHINGTON (AP) — The U.S. budget deficit through the first five months of this budget year is up 14.8% from the same period a year ago, keeping the country on track to record its first $1 trillion deficit since 20…
Senate passes rebuke of DeVos over student loan forgiveness
The Senate on Wednesday gave final congressional approval to a measure that would overturn rules issued by Education Secretary Betsy DeVos in 2019 that made it harder for students to get loans erased after being mi…
The Latest: Dow gives up all of its big gain from Tuesday
NEW YORK (AP) — The Latest on the action in the financial markets (all times local):
Treasury Secretary Mnuchin says the administration is working on plans to delay the April 15 tax filing deadline
WASHINGTON (AP) — Treasury Secretary Mnuchin says the administration is working on plans to delay the April 15 tax filing deadline.
Administration weighs delaying tax deadline amid outbreak
WASHINGTON (AP) — The Trump administration is working on plans to delay the April 15 federal tax deadline for some taxpayers in a bid to soften the impact of the coronavirus outbreak on the U.S. economy.
The Latest: Gilead among the few gainers on Wall Street
NEW YORK (AP) — The Latest on the action in the financial markets (all times local):
Mother sues hospital over drug test that led to abuse probe
A mother sued a Pittsburgh hospital Wednesday, saying it collected and tested her urine for drugs without her consent while she was in labor and reported a false positive result to protective services that resulted…
Losses accelerate on Wall Street as wild swings continue
NEW YORK (AP) — Stocks are sinking sharply again Wednesday, nearly wiping out a huge rally from a day earlier as Wall Street continues to reel from worries about the coronavirus.
FAA waives rules that led airlines to fly empty planes
Federal regulators waived a rule Wednesday that was causing airlines to fly nearly empty planes just to avoid losing takeoff and landing rights at major airports.
California AG drops challenge to T-Mobile-Sprint merger
NEW YORK (AP) — California’s attorney general said Wednesday that the state will not appeal a judge’s decision approving T-Mobile's $26.5 billion purchase of Sprint, bringing the companies closer to creating a new …
Dow falls 1,000 points as stock market reels again from virus fears and investors await Washington economic response
NEW YORK (AP) — Dow falls 1,000 points as stock market reels again from virus fears and investors await Washington economic response.
Hungary trial opens over Danube River crash; captain blamed
BUDAPEST, Hungary (AP) — The captain of a river cruise ship wasn't concentrating on his steering duties for at least five minutes as it collided and sank a much smaller sightseeing boat in Budapest last summer, Hun…
Ex-Canadian football player to plead guilty in college scam
BOSTON (AP) — A former Canadian Football League player will plead guilty to paying $200,000 to have someone take a college entrance exam in place of his two sons as part of an admissions cheating scheme, federal pr…