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…
German unemployment steady at 5% in February
BERLIN (AP) — Unemployment remained steady in February in Germany, despite overall weakness in Europe's largest economy, the Federal Labor Agency said Friday.
US officials cite 'balance' as goal for Chaco oil plan
ALBUQUERQUE, N .M. (AP) — U.S. land managers on Friday made public a list of possible alternatives for managing development in one of the nation's oldest oil and gas basins, but environmentalists and others say the…
China uses dairy factory to show it's getting back to work
BEIJING (AP) — As milk bottles and yogurt six-packs zipped past on a conveyor belt at a state-owned dairy, reporters heard a sales pitch from a Communist Party official: China Inc. has reopened for business.
US reports first drug shortage tied to virus outbreak
WASHINGTON (AP) — Health officials reported the first U.S. drug shortage tied to the viral outbreak that is disrupting production in China, but they declined to identify the manufacturer or the product.
China uses dairy factory to show it's getting back to work
BEIJING (AP) — As milk bottles and yogurt six-packs zipped past on a conveyor belt at a state-owned dairy, reporters heard a sales pitch from a Communist Party official: China Inc. has reopened for business.
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:
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…
Harley-Davidson CEO to leave struggling motorcycle maker
MILWAUKEE (AP) — Harley-Davidson CEO Matthew Levatich is leaving the struggling motorcycle maker.
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.
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.
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.
Beyond Meat, Dell fall; 3M, Forty Seven rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
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.
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…