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…
2 Japanese businessmen charged in tech hardware price fixing
SAN FRANCISCO (AP) — A grand jury charged two Japanese businessmen for their role in an alleged global conspiracy to fix prices for components used in computer hard disk drives, federal officials announced Friday.
Facebook reverses on paid influencers after Bloomberg memes
SAN FRANCISCO (AP) — Facebook has decided to let political campaigns pay online influencers to spread their messages, a practice that had sidestepped many of the social network's rules governing political ads.
US stocks edge higher in midday, head for weekly gains
NEW YORK (AP) — U.S. stocks edged higher in midday trading Friday as investors focused on another round of mostly solid corporate earnings.
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…
Man gets prison for selling fatal drugs to billionaire's son
CLEVELAND (AP) — An Ohio man was sentenced to 15 years in federal prison for selling cocaine laced with heroin and fentanyl to a Greek billionaire's son who was found dead in a Cleveland hotel room.
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…
Ecologists hail freezing of funds for new Polish coal plant
WARSAW, Poland (AP) — A European group fighting climate change on Friday hailed the decision by two Polish energy companies to suspend financing for the construction of a new coal power plant.
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.
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 …
US manufacturing output hit by Boeing troubles, slips 0.1%
WASHINGTON (AP) — U.S. manufacturing output fell slightly in January, driven lower by Boeing's decision to halt production of its troubled 737 MAX aircraft.
US factory production slowed by Boeing shutdown, slips 0.1% in January
WASHINGTON (AP) — US factory production slowed by Boeing shutdown, slips 0.1% in January.
US retail sales up modest 0.3% in January, boosted by strong sales at furniture and hardware stores
WASHINGTON (AP) — US retail sales up modest 0.3% in January, boosted by strong sales at furniture and hardware stores.
Zuckerberg accepts that Facebook may have to pay more tax
LONDON (AP) — Facebook CEO Mark Zuckerberg plans to throw his support behind international reforms that would require Silicon Valley tech giants to pay more tax in Europe.
US retail sales up a modest 0.3% in January
WASHINGTON (AP) — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.
Negative interest rates turn saving, borrowing upside down
FRANKFURT, Germany (AP) — Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not the saver, who collects interest.