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…
China's Xi says epidemic 'grim,' calls for action on economy
BEIJING (AP) — Warning that China’s virus epidemic is “still grim and complex,” President Xi Jinping called Sunday for more efforts to stop the outbreak, revive industry and prevent the disease from disrupting spri…
Disbanded Thai party says gov't colluded in 1MDB scandal
Bangkok (AP) — Thailand's disbanded opposition Future Forward Party attacked the government Sunday for allegedly colluding with Malaysia's former prime minister to cover up the 1MDB financial scandal, for which for…
This Week: Consumer confidence, home sales, Best Buy earns
A look at some of the key business events and economic indicators upcoming this week:
Stalled mega power project in central Mexico stirs discord
HUEXCA, Mexico (AP) — The thermo-electric plant looms over the smattering of homes and cows munching on dried corn stalks in Huexca, a tiny farm community in central Mexico where many residents view it as a sleepin…
OxyContin maker Purdue Pharma starts ad campaign for claims
OxyContin maker Purdue Pharma launched an ad campaign Monday to tell people harmed by their powerful prescription opioid where they can file claims against the company.
Survey: Business economists endorse Federal Reserve policies
WASHINGTON (AP) — Nearly two-thirds of U.S. business economists say the Federal Reserve's interest rate policy is “about right,” a sharp contrast to President Donald Trump's attacks on the Fed for not cutting rates…
Top Bangladesh cellphone company pays $117M in legal tussle
DHAKA,Bangladesh (AP) — Bangladesh’s leading cellphone operator paid $117 million to the country’s telecommunication regulator on Sunday amid a protracted legal tussle with the government that could result in the l…
Dow sinks more than 900 points in early trading, following global markets lower as virus cases spread beyond Asia
NEW YORK (AP) — Dow sinks more than 900 points in early trading, following global markets lower as virus cases spread beyond Asia.
At Paris farm fair, Macron vows to protect EU ag subsidies
PARIS (AP) — French President Emmanuel Macron reaffirmed his support for maintaining the European Union's farm subsidies at their current level Saturday while attending an agriculture fair that a fixture in French …
Disinfecting wipes, conference calls: Wall Street winners
NEW YORK (AP) — Stay indoors and stay clean. That's what Wall Street is betting people around the world will do given all the fears about a rapidly spreading virus.
UN study: 1 of every 3 Venezuelans is facing hunger
CARACAS, Venezuela (AP) — One of every three people in Venezuela is struggling to put enough food on the table to meet minimum nutrition requirements as the nation's severe economic contraction and political upheav…
Fed's Mester says rate cut unnecessary to offset virus risks
WASHINGTON (AP) — A Federal Reserve official said Monday that she does not see a need to cut interest rates yet, even as worries about the viral outbreak that began in China caused global stock markets to plunge an…
German business confidence ticks up but virus impact looms
FRANKFURT, Germany (AP) — A key indicator of German business optimism unexpectedly ticked up in February despite concerns about how the spread of the coronavirus might affect the economy through key trade partner C…
Markets tank on concern about virus impact on world economy
BANGKOK (AP) — Shares skidded, oil prices sank and the price of gold surged on Monday as the number of people infected or killed by the viral outbreak that began in China surged, heaping more uncertainty on the eco…
FDA approves drug that lowers cholesterol in a new way
TRENTON, N.J. (AP) — U.S. regulators on Friday approved a new type of cholesterol-lowering drug aimed at millions of people who can't tolerate — or don't get enough help from — widely used statin pills like Lipitor…