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…
Fed seems inclined to keep rates low as virus poses risks
WASHINGTON (AP) — Federal Reserve officials were mostly optimistic about the U.S. and global economies last month, though they noted the risk posed by China’s viral outbreak and said they were ready to keep their b…
Judge rips PG&E for poor safety record leading to wildfires
SAN FRANCISCO (AP) — A U.S. judge ripped into Pacific Gas & Electric on Wednesday, saying its executives have put greed before safety and telling officials from the utility blamed for catastrophic California wildfi…
How major US stock indexes fared Wednesday
The S&P 500 returned to a record Wednesday, and technology stocks once again helped lead the market higher. Apple rallied to recover most of its loss from the prior day, triggered by a revenue warning due to the vi…
Another Catholic diocese seeks bankruptcy after abuse deals
HARRISBURG, Pa. (AP) — The Roman Catholic Diocese of Harrisburg, Pennsylvania, filed for bankruptcy Wednesday, six months after disclosing it had paid millions of dollars to people sexually abused as children by it…
Via Rail lays off 1,000 employees amid Canada rail protests
MONTREAL (AP) — Via Rail, Canada's passenger train service, said Wednesday it is temporarily laying off 1,000 employees due to the continued halt in service on CN Rail's tracks in eastern Canada caused by railway b…
North Dakota regulators OK expanded Dakota Access pipeline
BISMARCK, N.D. (AP) — North Dakota regulators on Wednesday unanimously approved expanded capacity for the Dakota Access pipeline, saying they believed the project had met exhaustive state and federal requirements.
Meal-kit company Blue Apron considers selling itself
NEW YORK (AP) — Blue Apron, the online seller of meal kits, said it may put itself up for sale.
Passengers leave ship docked off Japan after quarantine ends
YOKOHAMA, Japan (AP) — About 500 passengers left the Diamond Princess cruise ship Wednesday at the end of a much-criticized two-week quarantine that failed to stop the spread of the new virus among passengers and c…
Garmin, Analog Devices rise; Blue Apron, Groupon fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
US stocks brush off latest loss, return to record heights
NEW YORK (AP) — U.S. stocks shook off their latest virus-induced loss and returned to record heights Wednesday, with several familiar faces doing the heaviest lifting.
Police ID suspect in stabbing of girl at Texas McDonald's
EL PASO, Texas (AP) — A Texas man faces a criminal charge after police said he randomly stabbed a 5-year-old girl who was playing inside a McDonald's restaurant play area.
Gucci bares backstage, No. 21 celebrates a decade
MILAN (AP) — Milan Fashion Week opened Wednesday with outreach to China, largely cut off from the rest of the world by a new virus, and to Africa, often overlooked by luxury except as references.
IRS to pay visits to high-income taxpayers who fail to file
If you earn six figures and haven't been filing your taxes, the IRS may come knocking.
Airbus to cut over 2,300 jobs at defense and space division
BERLIN (AP) — European plane maker Airbus said Wednesday that it plans to cut more than 2,300 jobs at its defense and space division by the end of next year, spreading the cuts across several countries.
GM gets tax break for new plant next to factory it closed
LORDSTOWN, Ohio (AP) — General Motors Co. will receive a tax break to build a new electric battery cell factory in Ohio next to the site of a much larger assembly plant it shut down last year.