Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Mason’s Place opens in new location
MOSES LAKE — For Heather Mason, the opening of Mason’s Place’s new location is about more than fresh paint, expand…
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.
Congressional panel says Boeing has 'culture of concealment'
A congressional committee investigating Boeing said Friday that a “culture of concealment” at the company and poor oversight by federal regulators contributed to two deadly crashes involving the grounded 737 Max.
US consumer borrowing up a moderate $12 billion in January
WASHINGTON (AP) — U.S. consumer borrowing slowed in January as borrowing on credit cards declined following a huge surge in December.
Pot entrepreneurs flocking to the Bible Belt for low taxes
OKLAHOMA CITY (AP) — From their keen taste for sun-ripened pot to their first meeting at a pro-marijuana rally in college in the 1990s, everything about Chip and Jessica Baker fits the stereotype of cannabis countr…
Roller-coaster week ends with bond yields, stocks sinking
NEW YORK (AP) — A dizzying, brutal week of trading dropped one last round of harrowing swings on investors Friday.
SC Speaker: Move energy policy away from massive projects
COLUMBIA, S.C. (AP) — House Speaker Jay Lucas sees South Carolina's opportunity to sell or overhaul state-owned utility Santee Cooper as a chance to reshape the future of energy, at least where he lives.
SpaceX launches station supplies, nails 50th rocket landing
CAPE CANAVERAL, Fla. (AP) — SpaceX successfully launched another load of station supplies for NASA late Friday night and nailed its 50th rocket landing.
Japan's economy shrinks 7% in last quarter, risks recession
TOKYO (AP) — Japan's economy contracted at a dismal 7.1% annual rate during the October-December period, worse than the initial estimate, raising fears the world's third largest economy could be headed to a recessi…
China trade slumps as anti-virus controls close factories
BEIJING (AP) — China’s exports fell by double digits in January and February as anti-virus controls closed factories, while imports sank by a smaller margin.
Virus outbreak hits weakened Italian economy where it hurts
MILAN (AP) — The focal point of the coronavirus emergency in Europe, Italy, is also the region's weakest economy and is taking an almighty hit as foreigners stop visiting its cultural treasures or buying its prized…
Economic toll of virus sinks in, duration remains an unknown
The Dow Jones Industrial Average over the past five days: up 1,293, down 785, up 1,173, down 969, down 256. The Dow sank as many as 894 points Friday before recovering much of its losses. The VIX, an index known as…
Oil prices plunge 20% amid worries producers won't cut supplies enough to match falling demand in virus-weakened economy
NEW YORK (AP) — Oil prices plunge 20% amid worries producers won't cut supplies enough to match falling demand in virus-weakened economy.
Virus cases top 100,000 in 90 countries as markets take dive
PARIS (AP) — Crossing more borders, the new coronavirus hit a milestone, infecting more than 100,000 people worldwide as it wove itself deeper into the daily lives of millions, infecting the powerful, the unprotect…
Correction: Virginia-Renewable Energy story
RICHMOND, Va. (AP) — In a story March 5, 2020, about energy legislation, The Associated Press erroneously reported state regulators' estimate of rate increases associated with the newly approved bill. The State Cor…
With spreading virus comes fears -- and lots of stockpiling
NEW YORK (AP) — As an Arizonan, Gregory Cohen has never had to stock up ahead of a hurricane or other natural disaster.