Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
As gas prices ease, WA drivers still paying more
MOSES LAKE — Gasoline prices declined slightly across Grant County, Adams County and much of the nation this week,…
Jack Welch, the GE chief who became a superstar, has died
BOSTON (AP) — Jack Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a retirement career as a corporate leadership guru,…
What's Happening: Virus empties public spaces, spreads in US
PARIS (AP) — The new coronavirus is entering additional territories, from megacities to seaside villages, and casting a fast-growing
China manufacturing slumps as anti-virus controls bite
BEIJING (AP) — China’s manufacturing plunged in February as anti-virus controls shut down the world’s second-largest economy, but companies are confident activity will revive following government stimulus efforts, …
Ex-Google self-driving car project picks up new investors
SAN FRANCISCO (AP) — Google's former autonomous vehicle project is becoming a more autonomous business by bringing it in its first investors besides its corporate parent.
Australia cuts rate to record low 0.5% to fight virus impact
CANBERRA, Australia (AP) — Australia’s central bank on Tuesday cut its benchmark interest rate by a quarter of a percentage point to a record low of 0.5% in response to the economic shock of the new coronavirus.
Tokyo falls back, other Asian markets track Wall St gains
TOKYO (AP) — Shares in most Asian markets tracked overnight gains on Wall Street, but Tokyo's benchmark fell back Tuesday as gnawing concerns over the virus outbreak chilled buying sentiment.
World economy may shrink because of virus, watchdog says
PARIS (AP) — A global agency says the
Australian central bank cuts key interest rate to record low 0.5% to help counter slowdown
CANBERRA, Australia (AP) — Australian central bank cuts key interest rate to record low 0.5% to help counter slowdown.
West Virginia plan: Companies pay $1.25B to end opioid suits
CHARLESTON, W.Va. (AP) — Communities in West Virginia say they would get $1.25 billion from the drug industry in a proposed settlement that would end most of the litigation stemming from the opioid crisis in the st…
Italy's health system at limit in virus-struck Lombardy
MILAN (AP) — The
ECB's Lagarde: 'Ready to take targeted action' on economy
FRANKFURT, Germany (AP) — The head of the European Central Bank said Monday that Europe's top monetary authority is ready to take “appropriate and targeted measures” if necessary to support the economy against the …
EU checking whether Italian loan to Alitalia was illegal aid
BRUSSELS (AP) — The European Commission has opened an investigation into whether a 400 million-euro ($440 million) loan from the Italian government to airline Alitalia breached state aid rules.
Nokia CEO Suri steps down, Lundmark named successor
The CEO of wireless networks company Nokia is stepping down from the post and will be succeeded by an energy executive.
Market mood turns sour over virus after temporary relief
LONDON (AP) — Mounting concerns about the economic impact of the new coronavirus outbreak saw gains in European stock markets wiped out Monday despite hopes of stimulus measures from major central banks.
Kushner sells stake in firm criticized for possible conflict
NEW YORK (AP) — President Donald Trump's son-in-law and adviser Jared Kushner has sold his stake in a company investing in Opportunity Zone projects offering tax breaks he had pushed for in Washington, sparking cri…