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…
Boston's 1st recreational marijuana shop opens
BOSTON (AP) — The first recreational marijuana shop opened Monday in Boston, where owners are bracing for large crowds.
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…
Aon plans takeover of Willis Towers in $30B all-stock deal
Aon is buying rival benefits and risk consultant Willis Towers Watson in an all-stock deal valued at around $30 billion.
AP Explains: The oil market meltdown and its global impact
FRANKFURT, Germany (AP) — A clash of two oil titans - Saudi Arabia and Russia - is sending shock waves through energy markets, with wide-ranging implications for consumers and oil companies, including those in the …
A third Princess cruise ship kept at sea pending virus tests
FORT LAUDERDALE, Fla. (AP) — Thousands of passengers on a third Princess Cruises ship are being kept on board while crew members get tested for COVID-19.
Trainers, vets, others charged in horse-drugging scheme
More than two dozen people, including the trainer of champion Maximum Security, have been charged in what authorities described Monday as a widespread international scheme to drug horses to make them race faster.
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 …
Wells Fargo chairwoman resigns ahead of scheduled testimony
NEW YORK (AP) — Wells Fargo Board Chairwoman Elizabeth Duke and director James Quigley are leaving the company.
Thailand's CP Group buying Tesco's Thai, Malaysian stores
BANGKOK (AP) — British supermarket chain Tesco has agreed to a $10.6 billion deal to sell all its stores in Thailand and Malaysia to companies belonging to the CP Group, Thailand's biggest conglomerate.
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…
Trading halted on the New York Stock Exchange for 15 minutes after S&P 500 falls 7%
NEW YORK (AP) — Trading halted on the New York Stock Exchange for 15 minutes after S&P 500 falls 7%.
What's Happening: Markets, cruise ships, travel chaos
ROME (AP) — More than half of the world's countries have now reported a combined total of more than 110,000 cases of the new coronavirus. While most of the people infected so far — 62,000 — have recovered from the …
Stocks plummet in early trading on Wall Street following steep falls overseas as oil price plunge worsens economic fears
NEW YORK (AP) — Stocks plummet in early trading on Wall Street following steep falls overseas as oil price plunge worsens economic fears.
Stocks fall further on Wall Street as trading reopens; Major indexes are down 7% as Dow falls nearly 2,000 points
NEW YORK (AP) — Stocks fall further on Wall Street as trading reopens; Major indexes are down 7% as Dow falls nearly 2,000 points.
Twitter in deal with Silver Lake, Elliott; Dorsey still CEO
Twitter says it's reached an investment deal with Silver Lake and Elliott Management that will keep Jack Dorsey as the social media company's CEO.