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…
Mexico sees peso at 3-year low, offers $30 billion coverage
MEXICO CITY (AP) — The Mexican peso sank to a 3-year low against the U.S. dollar, prompting the country's central bank to increase auctions of peso coverage contracts to up to $30 billion.
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.
Trump says White House to seek possible payroll tax relief amid virus outbreak
WASHINGTON (AP) — Trump says White House to seek possible payroll tax relief amid virus outbreak.
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.
What's Happening: Mounting disruptions, plunging markets
Mounting disruptions caused by the new coronavirus are prompting new travel restrictions and deepening economic worries. A majority of the world's cases of the disease are considered recovered, but the continued sp…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude tumbled $10.15, or 24.6%, to settle at $31.13 a barrel. Brent crude, the international standard, dropped $10.91, or 24.1%, to $34.36.
First recreational pot shop in a major East Coast city opens
BOSTON (AP) — Boston’s
US warns 7 companies over fraudulent coronavirus claims
U.S. regulators warned seven companies to stop selling soaps, sprays and other concoctions with false claims that they can treat the new coronavirus or keep people from catching it.
Trainers, vets, others charged in racehorse-drugging scheme
More than two dozen people, including the trainer of champion Maximum Security, were charged in what authorities described Monday as a widespread international scheme to drug horses to make them race faster.
Cabot, Clorex rise; Marathon Oil, Wells Fargo fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
Dow drops 7.8%, worst fall since 2008, as free-fall in oil price and worsening fears of fallout from virus seize markets
NEW YORK (AP) — Dow drops 7.8%, worst fall since 2008, as free-fall in oil price and worsening fears of fallout from virus seize markets.
How major US stock indexes fared Monday
The Dow Jones Industrial Average sank 7.8% Monday, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize mar…
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.
Wall Street circuit breakers trip; markets, crude plunge
NEW YORK (AP) — U.S. companies buffeted by supply chain chaos and a growing awareness of the scope of a viral outbreak are facing new threats to begin the week. The price of U.S. crude fell as much as 34% to $27.34…