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…
White House defends Trump after AP report on homeless vet
The White House defended President Donald Trump on Friday after an Associated Press report that he stretched the truth in his State of the Union account of a formerly homeless veteran who turned his life around wit…
Cruise stranded by virus fears ends with roses in Cambodia
SIHANOUKVILLE, Cambodia (AP) — After being stranded at sea for two weeks because five ports refused to allow their cruise ship to dock, the passengers of the MS Westerdam were anything but sure their ordeal was fin…
Quicken Loans founder Gilbert back to work after stroke
DETROIT (AP) — Quicken Loans founder and Chairman Dan Gilbert is slowly returning to work eight months after suffering a stroke.
Volkswagen offers 830 mln-euro diesel settlement in Germany
Automaker Volkswagen has offered 830 million euros as a settlement for owners of diesel vehicles that used software to mask excessive emissions.
US's Pelosi urges countries to steer clear of Huawei for 5G
MUNICH (AP) — U.S. House Speaker Nancy Pelosi appealed Friday to an audience in Germany for countries to steer clear of Chinese tech giant Huawei as they build their next-generation cellular networks, adding her vo…
EU chief unveils budget plan setting scene for tense summit
BRUSSELS (AP) — The European Council president unveiled Friday his proposal for the EU’s next long-term budget, but the figure falls far short of the demands of Europe’s parliament, which must ratify the spending p…
Cyprus struggles to ease problem of bad loans
NICOSIA, Cyprus (AP) — Defaulted loans are a prime economic issue for Cyprus, which since a 2013 financial crisis has seen overdue payments weigh on consumers and banks. Yet a government scheme to ease the problem …
Trump appointees weigh plan to build pipeline in Oregon
SALEM, Ore. (AP) — Thursday was the day that a federal agency had been expected to make a decision on a proposed natural gas pipeline and marine export terminal in Oregon, and both opponents of the project and the …
This Week: Walmart earns, Fed meeting minutes, US home sales
A look at some of the key business events and economic indicators upcoming this week:
Trump's $1.5B uranium bailout triggers rush of mining plans
SALT LAKE CITY (AP) — President Donald Trump's $1.5 billion proposal to prop up the country's nuclear fuel industry has emboldened at least one company to take steps toward boosting operations at dormant uranium mi…
Hurricanes prompt Spirit to move operations control center
MIAMI (AP) — Spirit Airlines is moving its operations control center from South Florida to just outside Nashville, Tennessee, after recent hurricanes forced the low-cost carrier to temporarily move some staff durin…
Business Highlights
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REC looks at restarting Moses Lake production
FORNEBU, Norway — REC Silicon President and CEO Tore Torvund said the company is considering restarting production at its Moses Lake polysilicon facility following the conclusion of the Phase 1 trade agreement betw…
Japanese economy sinks amid fears about virus impact
TOKYO (AP) — The Japanese economy shrank at an annual pace of 6.3% last quarter as growth was battered by typhoons and crimped consumer spending.
German court halts site preparation for Tesla factory
A German court has temporarily halted the site preparation for Tesla Inc.'s first electric car factory in Europe.