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…
A record low on average 30-year fixed mortgage: 3.29%
Long-term U.S. mortgage rates have sunk to a record low, giving many homeowners an opening to refinance their loans to free up money to spend or save.
Gadgets for tech giants made with coerced Uighur labor
NANCHANG, China (AP) — In a lively Muslim quarter of Nanchang city, a sprawling Chinese factory turns out computer screens, cameras and fingerprint scanners for a supplier to international tech giants such as Apple…
Stop stressing: You don’t need a 20% down to buy a home
Many Americans may be unnecessarily talking themselves out of homeownership. Thirty-seven percent of nonhomeowners say not having enough saved for a down payment is holding them back from homeownership, but 62% of …
Former United Auto Workers union president Gary Jones charged with corruption
DETROIT (AP) — Former United Auto Workers union president Gary Jones charged with corruption.
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.
Former UAW President Gary Jones charged with corruption
DETROIT (AP) — Prosecutors on Thursday charged the former president of the United Auto Workers with corruption, alleging he conspired with others at the union to embezzle more than $1 million.
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.
Gambling industry urges sports bettors to wager responsibly
ATLANTIC CITY, N.J. (AP) — The gambling industry is launching a campaign to urge sports bettors to wager responsibly, including setting and sticking to a budget, and learning thoroughly about anything on which they…
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.
The Latest: South Africa sees nation's 1st coronavirus case
BANGKOK (AP) — The Latest on the virus outbreak (all times local):
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.
What's Happening: Nativity church shut, China factories open
WARSAW, Poland (AP) — Factories are gradually reopening in China months after the new coronavirus that first emerged there upended daily routines. While China looked for signs that life would return to normal, othe…
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…
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…
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.