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…
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.
Bill to help small telecoms excise Huawei goes to Trump
NEW YORK (AP) — The Senate has passed a bill to provide $1 billion for small telecom providers to replace equipment made by China's Huawei and ZTE, sending the measure to President Donald Trump.
In scramble to stop virus, testing raises tough questions
NEW YORK (AP) — Health officials confronted tough questions and doubts Thursday about testing to intercept the fast-spreading virus, with scrutiny focused on a four-day delay in screening an infected California wom…
How major stock indexes fared Thursday
Stocks nosedived on Wall Street Thursday, sending the Dow Jones Industrial Average down by nearly 1,200 points and deepening a weeklong global market rout.
Beyond Meat narrows 4Q loss as plant-based meat sales jump
Beyond Meat narrowed its losses in the fourth quarter as sales of its plant-based meat soared.
Microsoft, Carvana fall; Etsy, Square rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday.
Investors' growing fears about virus outbreak sends Dow Jones Industrial Average down about 1,200 points
NEW YORK (AP) — Investors' growing fears about virus outbreak sends Dow Jones Industrial Average down about 1,200 points.
J.C. Penney sees key sales figure down for the year
NEW YORK (AP) — J.C. Penney Co. dumped more bad news on investors Thursday, estimating that sales for the current year at established stores would be down more than Wall Street expected.
Prosecutor: Arkema jeopardized public safety during Harvey
HOUSTON (AP) — A company that owns a suburban Houston chemical plant jeopardized public safety when it failed to remove dangerous chemicals ahead of Hurricane Harvey in 2017, resulting in a blaze that sent toxic sm…
Markets down, Facebook cancels show: Virus hits businesses
The spread of the new coronavirus around the world is hitting companies hard as they suspend production, meetings, events and business travel. Here's a look at the latest developments:
Investors shy away from risk as coronavirus rattles markets
LOS ANGELES (AP) — This week’s big sell-off on Wall Street suggests stocks have finally caught up to the bond market, where fear of an economic slowdown has been evident for months.
A glance at mortgage rates; 30-year rate falls to 3.45%
U.S. long-term mortgage rates declined this week as growing concern over the economic impact of China's viral outbreak spurred a steep downturn in global stock markets.
Review: Epstein's dealings at Wexner Foundation minimal
COLUMBUS, Ohio (AP) — Jeffrey Epstein played “no meaningful role” in the budget, finances or accounting practices of L Brands founder Les Wexner's charitable foundation and wasn't involved at all with its fellowshi…
Judge refuses to let Assange leave secure dock in courtroom
LONDON (AP) — A British judge refused Thursday to let WikiLeaks founder Julian Assange move from a glass-enclosed dock and sit with his lawyers during a London court hearing on whether he should be extradited to th…
Alaska governor pitches land vouchers for oil-wealth checks
JUNEAU, Alaska (AP) — Matt Steele and his wife have imagined buying land for their kids so they can one day “live the Alaskan dream.” He says he sees a proposal by Republican Gov. Mike Dunleavy, to let residents tu…