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…
Tempur Sealy, Redfin rise; Nu Skin, MGM Resorts fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
China's virus crackdown leaves millions working at home
BEIJING (AP) — In the middle of a phone call with a customer, an important visitor knocks on Michael Xiong's door: his 3-year-old son.
Panama City metro expansion to go through tunnel under canal
PANAMA CITY (AP) — A new metro line for Panama City will run through a tunnel bored beneath the interoceanic canal to reach western suburbs, rather than passing over the canal alongside a planned new bridge as was …
Bank of Mexico cuts key interest rate quarter-point to 7%
MEXICO CITY (AP) — Mexico’s central bank lowered its benchmark interest rate by a quarter-point to 7% on Thursday, seeking to stimulate an economy that entered into recession last year.
Newtown families in lawsuit get access to shooter's computer
WATERBURY, Conn. (AP) — Families of those killed in the 2012 Sandy Hook school shooting will have access to the shooter's computer as part of their lawsuit against gun maker Remington.
How major US stock indexes fared Thursday
Major stock indexes closed with modest losses Thursday after a wobbly day of trading on Wall Street that snapped a three-day streak of all-time highs for the S&P 500 and Nasdaq.
Weight loss drug Belviq pulled from market over cancer risk
The maker of a weight loss drug pulled it from the market Thursday at the request of federal regulators, who said it posed a slight increased risk of cancer.
CN shuts down eastern rail network in Canada, Via service
TORONTO (AP) — Protesters who are blocking railway lines forced CN Rail to shut down its train network in eastern Canada on Thursday, the railroad said.
Ex-Waymo driver accused of deliberately causing crash
PHOENIX (AP) — A man described as a disgruntled former Waymo driver has been arrested on suspicion of deliberately crashing a passenger car into one of the company’s vans with self-driving capabilities near Phoenix…
Mexico: Business leaders commit $80M for 'plane' raffle
MEXICO CITY (AP) — Mexico’s president said Thursday that 75 of the country’s business leaders have committed tens of millions of dollars for a symbolic raffle of the luxurious presidential jet that he has tried uns…
Tempur Sealy, Redfin rise; Nu Skin, MGM Resorts fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
In win for Amazon, judge freezes work on Pentagon contract
NEW YORK (AP) — A federal judge on Thursday ordered a temporary halt of Microsoft's work on a $10 billion military cloud contract, a win for Amazon, which sued the U.S. government last year for awarding the contrac…
US stocks edge mostly lower after China virus cases spike
Stocks closed lower on Wall Street Thursday as investors turned cautious following a surge in cases of a new virus in China that threatens to crimp economic growth and hurt businesses worldwide.
Trump's story about veteran's comeback was not quite true
NEW YORK (AP) — Tony Rankins, a formerly homeless, drug-addicted Army veteran, got a standing ovation at the State of the Union after President Donald Trump described how he turned his life around thanks to a const…
Online furniture seller Wayfair cuts 550 jobs, 3% of workers
NEW YORK (AP) — Online furniture seller Wayfair said Thursday that it is cutting about 550 jobs, or 3% of its total workforce.