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…
US consumer spending slowed in January while incomes jumped
WASHINGTON (AP) — Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly before the threat of coronavirus arose.
US judge cancels oil and gas leases on some sage grouse land
BOISE, Idaho (AP) — A federal judge has cancelled more than $125 million in oil and gas leases on public lands that are home to the declining bird species greater sage grouse, in a ruling that said the Trump admini…
Markets slide, auto show canceled as virus impact spreads
LONDON (AP) — Stock markets are heading for their worst week since 2008, Europe's top auto show has been canceled and companies keep lowering their earnings estimates. Here's a look at the latest developments:
Trump tries to shift blame as virus outbreak rattles markets
WASHINGTON (AP) — As global markets plunged amid growing fears about the coronavirus outbreak, President Donald Trump and his allies pulled from a familiar playbook Friday and blamed others for the slide. It's a ch…
Harley-Davidson CEO to leave struggling motorcycle maker
MILWAUKEE (AP) — Harley-Davidson CEO Matthew Levatich is leaving the struggling motorcycle maker.
Market corrections: scary but also, in some cases, necessary
NEW YORK (AP) — After six days of being pounded by a virus-induced, global sell-off, U.S. markets hit a milestone this week.
Securities agents sue 2 SC utility execs over nuclear fraud
COLUMBIA, S.C. (AP) — Two former executives at a South Carolina utility lied repeatedly to regulators and investors about the progress of construction of two nuclear reactors taking more than a billion dollars out …
Neighbors: Brewery gunman a 'gentleman'; no motive yet known
MILWAUKEE (AP) — A Milwaukee electrician who police identified Thursday as the man who fatally shot five co-workers at one of the nation's largest breweries enjoyed building guns, according to neighbors.
Regulators boost PG&E's wildfire fine to $2.1 billion
SAN FRANCISCO (AP) — California power regulators on Thursday slapped Pacific Gas & Electric with a $2.1 billion fine for igniting a series of deadly wildfires that landed the beleaguered utility in bankruptcy.
Feds reject removal of 4 US Northwest dams in key report
PORTLAND, Ore. (AP) — A long-awaited federal report out Friday rejected the idea of removing four hydroelectric dams on a major Pacific Northwest river in a last-ditch effort tosave threatened and endangered salmon…
Beyond Meat, Dell fall; 3M, Forty Seven rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
Geneva auto show organizers confirm event will be canceled due to virus concerns
GENEVA, Switzerland (AP) — Geneva auto show organizers confirm event will be canceled due to virus concerns.
Agency: 2nd US case of person who got virus from community
SAN JOSE (AP) — THIS IS A BREAKING NEWS UPDATE. AP'S EARLIER STORY IS BELOW:
EU launches antitrust probe into Italy loan to Alitalia
BRUSSELS (AP) — The European Union’s antitrust watchdog said Friday that it has launched an investigation into a loan of 400 million euros ($440 million) from the Italian government to national airline Alitalia to …
China manufacturing plunges in February amid virus controls
BEIJING (AP) — China’s manufacturing plunged in February by an even wider margin than expected after efforts to contain a virus outbreak shut down much of the world’s second-largest economy, an official surveyed sh…