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…
To gauge economic damage from virus, watch for US jobs data
WASHINGTON (AP) — Companies and consumers have scrapped travel plans, and factories have endured broken supply chains from the coronavirus outbreak. If employers were to respond by slashing jobs, it would significa…
What's Happening: Virus prompts motel purchase, dog tested
Factories are gradually reopening in China months after the new coronavirus that first emerged there upended daily routines. As the country looks for signs of life returning to normal, other parts of the world are …
'Simple greed': Ex-UAW leader Jones charged with corruption
DETROIT (AP) — Prosecutors on Thursday charged the former president of the United Auto Workers with corruption, alleging he plotted with others to embezzle more than $1 million to splurge on private villas, golf ou…
US productivity increases at 1.2% rate in fourth quarter
WASHINGTON (AP) — U.S. productivity rebounded in the final three months of last year but by a smaller amount than initially reported, while labor costs increased at a slower pace than first thought.
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Latest: China's virus outbreak steady, with 143 new cases
BANGKOK (AP) — The Latest on the virus outbreak (all times local):
Trump administration to allow more seasonal foreign workers
WASHINGTON (AP) — An additional 35,000 temporary foreign workers will be allowed into the U.S. this year to fill seasonal jobs amid a tight labor market, the Trump administration said Thursday.
Businessman, ex-congressman Amory Houghton Jr. dead at 93
CORNING, N.Y. (AP) — Amory Houghton Jr., who led his family's glass company in upstate New York and later spent nearly two decades in Congress as a Republican with a reputation for breaking with his party, died Wed…
Former United Auto Workers union president Gary Jones charged with corruption
DETROIT (AP) — Former United Auto Workers union president Gary Jones charged with corruption.
Industry group: Virus outbreak could cost airlines $113B
SINGAPORE (AP) — The International Air Transport Association says the virus outbreak that began in China could cost airlines as much as $113 billion in lost revenue due to the collapse of air travel.
Asian shares drop as virus fears grip markets again
TOKYO (AP) — Asian shares slipped Friday as fears about the virus outbreak once again dominated financial markets.
Stocks open sharply lower on Wall Street, erasing 2% from indexes, a day after surging 4% as mood swings back to fear
NEW YORK (AP) — Stocks open sharply lower on Wall Street, erasing 2% from indexes, a day after surging 4% as mood swings back to fear.
OPEC calls for big production cut, but will Russia agree?
VIENNA (AP) — The OPEC oil cartel is calling for a deep production cut to keep crude prices from falling further as disruption to global business from the coronavirus slashes demand from air travel and industry.
Global markets slide again on enduring concern over virus
LONDON (AP) — Stock markets turned lower on Thursday, despite earlier gains in Asia, extending days of wild swings as investors try to gauge the economic damage of the virus outbreak and how much governments and ce…
Greek-flagged merchant ship attacked by pirates off Benin
ATHENS, Greece (AP) — A Greek-flagged chemical tanker with a crew of 22 has been attacked by pirates in the Gulf of Guinea off western Africa, the ship's management company said Thursday.