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…
Chinese national sentenced to prison for trade secrets theft
TULSA, Okla. (AP) — A Chinese national who admitted stealing trade secrets from a U.S. petroleum company has been sentenced to two years in federal prison.
Global stocks fall again on fear of virus impact on economy
Global stock markets plunged further Friday on spreading fears over the impact of the new coronavirus, with some indexes set to close out their worst week since the depths of the financial crisis in 2008.
Cruise lines, passengers scramble to respond to coronavirus
MIAMI (AP) — Being trapped aboard a ship with thousands of people as the new coronavirus spreads around the world isn’t the kind of serene vacation envisioned by most travelers, many of whom are delaying or canceli…
Viral fear sparks global run on face masks
Fear of the spreading coronavirus has led to a global run on sales of face masks despite evidence that most people who aren't sick don't need to wear them.
How major US stock indexes fared Friday
Wall Street closed out the worst week for stocks since October 2008 Friday with more heavy selling, though a last-minute flurry of buying kept the market from another steep plunge.
Asia stocks tumble on virus fears after Wall Street plunge
Asian stock markets plunged further Friday on spreading virus fears, deepening an global rout after Wall Street endured its biggest one-day drop in nine years.
General Motors to add 1,200 workers at 2 Michigan factories
DETROIT (AP) — General Motors is adding 1,200 jobs at two Michigan factories to build midsize SUVs and two new luxury sedans.
Barclays bankers acquitted over fraud charges in Qatar deal
LONDON (AP) — Three former Barclays bankers were cleared Friday of fraud over a 4 billion-pound ($5.2 billion) investment deal with Qatar at the height of the global financial crisis in 2008.
Stocks open sharply lower on Wall Street, shaving 2.5% off Dow, and are headed for their worst week since October 2008
NEW YORK (AP) — Stocks open sharply lower on Wall Street, shaving 2.5% off Dow, and are headed for their worst week since October 2008.
Fed Chair Powell pledges to 'use our tools' to support economy from coronavirus outbreak that poses 'risks'
WASHINGTON (AP) — Fed Chair Powell pledges to 'use our tools' to support economy from coronavirus outbreak that poses 'risks.'
American Airlines plans $550 million boost to Oklahoma base
TULSA, Okla. (AP) — American Airlines said Friday it will invest $550 million in a seven-year overhaul of its largest maintenance base, including a new hangar to service the airline’s biggest planes.
VW agrees to $912 million payments for Germans who sued
BERLIN (AP) — German auto giant Volkswagen agreed Friday to pay 830 million euros ($912 million) in damages to hundreds of thousands of customers whose diesel cars were outfitted with software to manipulate emissio…
Census hiccups in Alaska may offer preview for rest of US
ANCHORAGE, Alaska (AP) — More than a month into the start of the 2020 census in rural Alaska, some workers going door to door have grown frustrated by not knowing when they will get their next assignments. Others h…
Carnage on Wall Street, but some companies thrive or recover
U.S. markets are heading for their worst week since the financial crisis with the final tally of economic damage from a spreading virus still unknown.
Joe Coulombe, founder of popular Trader Joe’s markets, dies
LOS ANGELES (AP) — Joe Coulombe envisioned a new generation of young grocery shoppers emerging in the 1960s, one that wanted healthy, tasty, high-quality food they couldn’t find in most supermarkets and couldn’t af…