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…
Employee of US-owned hemp farm in Myanmar gets 20 years jail
YANGON (AP) — A court in Myanmar on Tuesday sentenced a local employee of an American-owned hemp farm to 20 years in prison for violating drug laws concerning marijuana.
PG&E settles key battle over $13.5B wildfire victims' fund
SAN FRANCISCO (AP) — Pacific Gas & Electric told a federal bankruptcy judge Tuesday that it has settled a dispute with disaster-relief agencies that threatened to siphon money away from a $13.5 billion fund earmark…
Virus-hit Italy gets more isolated as nations restrict entry
ROME (AP) — Italians faced travel restrictions at home and abroad Tuesday as other countries isolated Italy with flight bans and sweeping quarantine measures took effect nationwide in a desperate government bid to …
Correction: Virus Outbreak-The Latest story
ROME (AP) — In a story March 9, 2020, about the coronavirus outbreak sweeping the globe, The Associated Press erroneously reported that there were confirmed cases in Guadeloupe, one of France's overseas territories…
Classes canceled at St. Paul schools as teachers strike
MINNEAPOLIS (AP) — Teachers in St. Paul went on strike Tuesday, cancelling classes indefinitely for the district's roughly 36,000 students, after overnight contract negotiations ended without an agreement on issues…
Virus could test Latin America's already ailing economy
PROGRESO, Ecuador (AP) — For years, Dionisio Romero has relied for his livelihood on a magenta-colored dragon fruit that is wildly popular in Asia, planting dozens of the spindly trees at his farm near Ecuador’s Pa…
Rating agencies warn Lebanon over $1.2 billion loan default
BEIRUT (AP) — Credit ratings agency Moody's warned Tuesday that Lebanon's first-ever default on paying its sovereign debt will likely lead to significant losses for private creditors as well as serious implications…
Virus cluster around Seoul call center raises S. Korea alarm
SEOUL, South Korea (AP) — A coronavirus cluster connected to a call center in one of the busiest areas of Seoul has raised alarms that South Korea's outbreak — thought to have been waning — has gained a foothold in…
Stocks open sharply higher on Wall Street following the market's worst day since the financial crisis; Dow surges 850
NEW YORK (AP) — Stocks open sharply higher on Wall Street following the market's worst day since the financial crisis; Dow surges 850.
Citing virus, US halts inspections of foreign drug plants
WASHINGTON (AP) — The Food and Drug Administration on Tuesday halted nearly all inspections of overseas plants that ship drugs, medical devices and other consumer goods to the U.S., citing the global spread of the …
Economic toll of virus goes global and hits close to home
Seven weeks after the first case of COVID-19 was confirmed in the U.S., the spread of the virus that causes the disease has done widespread damage to critical economic sectors in the country. Airlines are cutting c…
Occidental, Cypress rise; Stitch Fix, Calavo Growers fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday:
SEC asks DC workers to telecommute after employee is treated
WASHINGTON (AP) — Securities and Exchange Commission employees have been encouraged to work remotely for the foreseeable future after a
Report: Drugs showing up more in pilots killed in crashes
WASHINGTON (AP) —
New York opioid trial postponed due to virus outbreak
CENTRAL ISLIP, N.Y. (AP) — The next trial scheduled over the drug industry's liability in the opioid crisis has been postponed because of the coronavirus outbreak, giving the parties more time to attempt to reach a…