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…
No health emergency but virus hits politics in EU's heart
BRUSSELS (AP) — A European Union summit via computer. The EU parliament a virtual ghost village in a shortened session. The assembly’s president working from home, self-isolating because of coronavirus.
Tentacles of Olympic cancellation would reach around globe
TOKYO (AP) — The tentacles of canceling the Tokyo Olympics — or postponing or staging it in empty venues — would reach into every corner of the globe, much like the spreading virus that now imperils the opening cer…
Mask-clad Chinese workers cautiously return to the office
BEIJING (AP) — Riding the subway for the first time after weeks of working remotely from home, Zhuang Xue felt a sense of calm, outfitted in a blue surgical mask and protective goggles as she headed for the office.
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Gas company pleads guilty to causing blasts that killed 1
BOSTON (AP) — A utility company pleaded guilty Monday to causing a series of natural gas explosions in Massachusetts that killed one person and damaged dozens of homes.
Minor convictions for ex-CIA coder in hacking tools case
NEW YORK (AP) — A former CIA software engineer accused of stealing a massive trove of the agency's hacking tools and handing it over to WikiLeaks was convicted of only minor charges Monday, after a jury deadlocked …
China food prices spike as anti-virus effort disrupts supply
BEIJING (AP) — China's food prices jumped 21.4% over a year earlier in February as anti-virus efforts disrupted supplies, adding to pressure on communist leaders who are trying to revive economic activity.
Gov't says Fifth Third opened fake accounts like Wells Fargo
NEW YORK (AP) — The Consumer Financial Protection Bureau has filed a lawsuit against Fifth Third Bank, alleging the bank's employees opened fake accounts for customers in order to meet aggressive sales targets.
EU unveils Africa strategy to counter China, US interest
BRUSSELS (AP) — Concerned about the growing influence of China, Russia and the United States in close neighbor Africa, the European Union on Monday launched what it called a new “comprehensive strategy” for relatio…
Japan reports economy contracted at a 7.1% annual rate during October-December quarter, worse than the initial estimate.
TOKYO (AP) — Japan reports economy contracted at a 7.1% annual rate during October-December quarter, worse than the initial estimate.
Asian stocks plunge after fall in oil prices
BEIJING (AP) — Asian stock markets plunged Monday after oil prices nosedived on worries a global economy weakened by a virus outbreak might be awash in too much crude.
Italian premier locks down entire country to stop virus
MILAN (AP) — Italian Premier Giuseppe Conte put his entire country on lockdown Monday to combat the coronavirus, banning all but the most important travel and putting the final kibosh on social gatherings after Ita…
Another Princess cruise ship kept at sea pending virus tests
FORT LAUDERDALE, Fla. (AP) — Thousands of passengers on an additional Princess Cruises ship are being kept on board while crew members get tested for COVID-19.
Report: Pilots restarted software, causing fatal nosedive
Ethiopian investigators are mostly blaming Boeing for last year’s crash of a Ethiopian Airlines jet shortly after takeoff, saying in an interim report Monday that there were design failures in the jet and inadequat…
Indonesia says 1 soldier killed in ongoing Papua clash
TIMIKA, Indonesia (AP) — Indonesia's military said Monday that a soldier was killed in an ongoing clash between security forces and a rebel group near the world's largest gold mine in Indonesia's easternmost Papua …