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…
Airline, cruise stocks pummeled on fear of spreading virus
The stocks of American Airlines and several cruise lines were among the worst performers in the Standard & Poor’s 500 index Monday, as investors fret that the new coronavirus could take hold outside China and furth…
Costs, delays scuttle 124-mile Constitution Pipeline project
ALBANY, N.Y. (AP) — The nearly $1 billion Constitution Pipeline project, which had been designed to take natural gas from Pennsylvania's shale gas fields to metropolitan New York and New England, has been abandoned…
Supreme Court hears battle over Atlantic Coast Pipeline
The Supreme Court on Monday appeared ready to remove an obstacle to construction of the Atlantic Coast Pipeline, with a majority of justices expressing skepticism about a lower court ruling that tossed out a key pe…
Chemical firm: US wrong to deny visa for software developer
A U.S.-based chemical company is fighting to obtain a visa for a Ukrainian software developer who has spent years working on a complex computer system that the company considers crucial to its ability to do busines…
Pentagon adopts new ethical principles for using AI in war
The Pentagon is adopting new ethical principles as it prepares to accelerate its use of artificial intelligence technology on the battlefield.
Virus outbreak chills markets, outlook for global economy
FRANKFURT, Germany (AP) — The widening coronavirus outbreak threatens to seriously disrupt the global economy, just as it was steadying itself against headwinds from the U.S.-China trade dispute.
Hero or criminal? Court hears 2 views of WikiLeaks' Assange
LONDON (AP) — Truth-telling journalist or reckless criminal: A British judge was given two conflicting portraits of Julian Assange as the WikiLeaks founder's long-awaited extradition hearing began Monday in a Londo…
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.
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.
Buffett says economy is slowing amid virus fears
OMAHA, Neb. (AP) — Billionaire Warren Buffett says the viral outbreak in China has slowed economic growth, but he remains confident in the long-term future of American business.
China’s Huawei debuts latest version of folding phone
LONDON (AP) — China’s Huawei unveiled its latest folding smartphone Monday and its first such device to be available internationally, competing in a niche category with new models from Samsung and Motorola.
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…
China promises companies aid, global virus cases rise
BEIJING (AP) — China's government promised tax cuts and other aid Monday to help companies recover from its virus outbreak while a spike in new cases in Iran, Italy and South Korea raised the prospect of wider disr…
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…
Liz Weston: Should you shift to a cash management account?
High-yield cash management accounts are popping up at brokerages nationwide, promising customers much better returns and higher insurance limits than they can get from traditional banks.