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…
EU welcomes Kosovo cut to Serbia tariffs, US says not enough
TIRANA, Albania (AP) — Kosovo's decision to partially lift a 100% tariff on Serbian goods was hailed Friday by the European Union but not supported by the United States, which wants the tariff dropped completely.
US consumer spending growth slowed in January while incomes jumped
WASHINGTON (AP) — US consumer spending growth slowed in January while incomes jumped.
Japan sends vice justice minister to Lebanon on Ghosn case
TOKYO (AP) — A Japanese vice minister for justice is heading to Lebanon for talks on the case of former Nissan Motor Co. executive Carlos Ghosn, who fled for his home country late last year while out on bail awaiti…
New York rail tunnel repairs could mean more rider headaches
NEW YORK (AP) — The news that Amtrak will ramp up repairs to its century-old Hudson River rail tunnel while a project to build a new tunnel languishes likely will translate into more headaches for already beleaguer…
Geneva auto show, other big events canceled amid virus fears
GENEVA (AP) — The Geneva auto show was canceled after the Swiss government put an immediate ban Friday on all large events in order to halt the spread of the new coronavirus.
FCC proposes fines for phone companies that shared user data
NEW YORK (AP) — U.S. regulators have proposed fining the four major U.S. phone companies more than $200 million combined for improperly disclosing customers' real-time location to other companies.
Fed Chair Powell pledges to use tools to support economy
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell sought to calm fears Friday over the viral outbreak by issuing a rare statement of reassurance that the Fed will “use our tools" to support the economy — a s…
Outbreak starts to look more like worldwide economic crisis
NEW YORK (AP) — The coronavirus outbreak began to look more like a worldwide economic crisis Friday as anxiety about the infection emptied shops and amusement parks, canceled events, cut trade and travel and dragge…
Stocks fall again in another wild day, leaving Wall Street with its worst week since October 2008 as virus fears spread
NEW YORK (AP) — Stocks fall again in another wild day, leaving Wall Street with its worst week since October 2008 as virus fears spread.
California voting changes raise concerns for 'Super Tuesday'
SAN FRANCISCO (AP) — Major changes to the way people vote have election advocates on edge as Californians cast ballots in a high-profile primary that was moved up from June so the state could have a bigger say in p…
House approves bill to ban the sale of flavored e-cigarettes
WASHINGTON (AP) — Moving to stem a vaping epidemic among young people, the House approved a bill Friday to ban the sale of flavored e-cigarettes and other flavored tobacco products.
Wall Street has worst week since 2008 as S&P 500 drops 11.5%
Stocks sank around the globe again Friday as investors braced for more economic pain from the coronavirus outbreak, sending U.S. markets to their worst weekly finish since the 2008 financial crisis.
Business Highlights
___
Appeals court denies tribe’s quest for casino land
BOSTON (AP) — A federal appeals court has ruled against a Native American tribe that had been granted sovereign land to build a casino in Massachusetts.
Family says Joe Coulombe, founder of Trader Joe’s grocery chain, has died at age 89
LOS ANGELES (AP) — Family says Joe Coulombe, founder of Trader Joe’s grocery chain, has died at age 89.