Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
‘Most big repairs start out as small repairs’
MOSES LAKE — When Uziel Ortega launched Steadfast Home Services earlier this year, he wasn't sure whether the phon…
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…
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.
Australia cuts rate to record low 0.5% because of virus
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.
National news agency Australian Associated Press announces it’s closing after 85 years
CANBERRA, Australia (AP) — National news agency Australian Associated Press announces it’s closing after 85 years.
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
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.
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…
Conservative Utah's 1st medical marijuana dispensary opens
SALT LAKE CITY (AP) — Utah's first medical marijuana dispensary opened Monday as the state began a slow rollout of a program that will allow residents with certain health conditions to use pot for medicinal purpose…
Researchers: Tool used to detect polar bear dens ineffective
ANCHORAGE, Alaska (AP) — A study by polar bear researchers in Alaska concludes that thermal imaging used by oil exploration companies to detect polar bears in dens works less than half the time.
Drug maker Sandoz Inc. to pay $195M fine in antitrust case
WASHINGTON (AP) — The Justice Department said Monday that pharmaceutical company Sandoz Inc. will pay a $195 million penalty to resolve criminal charges of conspiring to fix prices and rig bids to stifle competitio…
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 …
'Good liquor' and other joys: ex-UAW official pleads guilty
DETROIT (AP) — A former senior official at the United Auto Workers pleaded guilty Monday to conspiring with other labor leaders to steal more than $1 million in dues while enjoying golf, lavish lodging, meals and b…
How major US stock indexes fared Monday
Stocks roared back on Wall Street Monday from a seven-day rout, sending the Dow Jones Industrial Average nearly 1,300 points higher amid investor optimism that central banks will take action to help shield the glob…
Ex-Google autonomous vehicle project borrows cash on its own
SAN FRANCISCO (AP) — Google's former autonomous vehicle project is borrowing money on its own for the first time.
Twitter, Costco rise; Carnival, Calavo fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday: