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…
US trade deficit narrows to $45.3 billion in January
WASHINGTON (AP) — The U.S. trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with China widened.
Global markets slide further on pessimism over virus impact
TOKYO (AP) — World stocks and the price of oil dropped sharply again Friday as pessimism prevailed over hopes for central bank action to counter the economic disruption from the virus outbreak.
Enbridge hires companies to design, build Great Lakes tunnel
TRAVERSE CITY, Mich. (AP) — Enbridge Inc. said Friday it has hired companies to design and build a disputed oil pipeline tunnel beneath the channel linking Lakes Huron and Michigan, despite pending legal challenges.
German factory orders rebound in Jan, ahead of virus impact
BERLIN (AP) — Factory orders in Germany rebounded strongly in January after two months of declines, official data showed Friday, but it remains to be seen what impact mounting concerns over the coronavirus outbreak…
Indian depositors scramble for money from stressed bank
NEW DELHI (AP) — India’s finance minister assured panicky depositors Friday that their money is safe after the central bank took control of cash-strapped private Yes Bank while working on a rescue plan.
Billionaire governor OK'd on state plane for reelection bid
CHARLESTON, W.Va. (AP) — West Virginia's state airplane can make side trips to Gov. Jim Justice's hometown as well as fly the billionaire businessman to campaign events if the trips coincide with official state bus…
Exxon to cut activity in Permian Basin as oil prices plummet
NEW YORK (AP) — Exxon Mobil said Thursday it plans to reduce the number of oil rigs operating in an oil-rich region in the Southwest and may cut planned capital expenditures as the spreading coronavirus saps energy…
Henry Cobb, architect of Boston's Hancock Tower, dies at 93
NEW YORK (AP) — Architect Henry N. Cobb, who designed the tallest building in New England, has died. He was 93.
Sweeping renewable energy bill poised for final passage
RICHMOND, Va. (AP) — A sweeping energy bill that supporters said would make Virginia a national leader in addressing climate change passed the state House Thursday amid warnings by critics that it will carry a stee…
FDIC reshaping with early retirements, some office closings
WASHINGTON (AP) — The federal agency that oversees the financial condition of U.S. banks says it will offer voluntary early retirement to about 20% of its 5,800 employees.
JPMorgan says its CEO Jamie Dimon has had emergency heart surgery, but is recovering
NEW YORK (AP) — JPMorgan says its CEO Jamie Dimon has had emergency heart surgery, but is recovering.
Facebook drops Trump ads after Pelosi cites census confusion
Facebook on Thursday began taking down ads for the reelection campaign of President Donald Trump that direct people to a survey labeled a “census,” hours after House Speaker Nancy Pelosi said people would confuse i…
Report: Russian social accounts sow election discord - again
Four years after Russia-linked groups stoked divisions in the U.S. presidential election on social media platforms, a new report shows that Moscow's campaign hasn't let up and has become harder to detect.
US hiring was likely solid in February before virus spread
WASHINGTON (AP) — The U.S. economy likely added jobs at a solid pace in February before an escalation of the coronavirus outbreak disrupted factory supply chains, slowed business travel and heightened economic fear…
UK airline Flybe collapses as virus hits weakened company
LONDON (AP) — The struggling British airline Flybe collapsed Thursday amid drops in demand caused by the new coronavirus, leaving passengers stranded and threatening the viability of regional airports across the co…