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…
Delivery giant DoorDash takes step toward public offering
NEW YORK (AP) — Food delivery giant DoorDash has taken a first formal step toward a stock market debut.
Best Buy posts strong quarterly sales during holiday season
NEW YORK (AP) — Best Buy Co. reported strong fourth-quarter results as shoppers bought appliances, mobile phones and tablets during the holiday season.
US mortgage rates decline; 30-year loan at 3.45%
WASHINGTON (AP) — 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.
Canceled travel, revenue losses: Virus hits businesses hard
LONDON (AP) — 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:
Kia recalls over 193K vehicles; fuel leaks can cause fires
DETROIT (AP) — Kia is recalling more than 193,000 cars and minvans in yet another move to fix nagging problems that could cause engine fires.
Lebanon begins 'historic' offshore oil drilling amid crisis
Beirut (AP) — Lebanon's president Thursday inaugurated the Mediterranean country's first offshore exploratory drilling for oil and gas, calling it a “historic day” for the cash-strapped country.
How to make a student loan complaint that gets results
Trying to make a complaint against your student loan lender or servicer may feel like screaming into the void.
US pending home sales climbed 5.2% in January
WASHINGTON (AP) — There was a 5.2% jump in Americans signing contracts to buy homes in January from the previous month as lower mortgage rates and a solid economy are pushing up demand for housing.
Stocks open sharply lower on Wall Street, bringing Dow Jones industrials 10% below record high they set two weeks ago
NEW YORK (AP) — Stocks open sharply lower on Wall Street, bringing Dow Jones industrials 10% below record high they set two weeks ago.
UK court blocks Heathrow expansion over climate concerns
LONDON (AP) — Heathrow Airport's plans to increase capacity of Europe's biggest travel hub by over 50% were stalled Thursday when a British court said the government failed to consider its commitment to combat clim…
US economy grew at 2.1% annual rate last quarter but coronavirus could jeopardize future growth
WASHINGTON (AP) — US economy grew at 2.1% annual rate last quarter but coronavirus could jeopardize future growth.
US orders for durable goods slip 0.2% in January
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods dipped in January, pulled down by decreased demand for cars, auto parts and military aircraft.
US orders for durable goods slip 0.2% in January on weaker demand for cars, military aircraft
WASHINGTON (AP) — US orders for durable goods slip 0.2% in January on weaker demand for cars, military aircraft.
US economy grew at 2.1% rate in Q4 but virus threat looms
WASHINGTON (AP) — The U.S. economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from the spreading coronavirus is likely depressing growth in the current quarter and for the rest of …
Dutch consortium unveils ambitious 'green' hydrogen plan
THE HAGUE, Netherlands (AP) — A Dutch consortium announced an ambitious plan Thursday to create “green” hydrogen using power from a huge offshore wind farm that has yet to be built.