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…
Japan confirms 39 new virus cases, 174 total on cruise ship
TOKYO (AP) — Japan’s health ministry said Wednesday that 39 new cases of a virus have been confirmed on a cruise ship quarantined at a Japanese port.
Lyft posts $2.6B 2019 loss, keeps 4Q 2021 profit forecast
Ride-hailing service Lyft is sticking with its prediction that it will be profitable by the end of next year. This while its annual loss more than doubled in 2019 to over $2.6 billion.
Federal report faults Southwest Airlines and FAA on safety
DALLAS (AP) — Southwest Airlines continues to fly airplanes with safety concerns while federal officials do a poor job overseeing the airline, a government watchdog said Tuesday.
California governor wants to grill PG&E about financing plan
SAN FRANCISCO (AP) — Pacific Gas & Electric's plan to emerge from bankruptcy faced another threat from California Gov. Gavin Newsom during a Tuesday court hearing that set the stage for a potentially dramatic show…
Businesses struggle to fix supply chains disrupted by virus
WASHINGTON (AP) — Chinese authorities are struggling to strike a delicate balance between containing a viral outbreak and restarting the world’s second-biggest economy after weeks of paralysis.
Equifax hack highlights China interest in U.S. personal data
BOSTON (AP) — In 2014, the Obama administration accused
Libya's oil corporation: blockade losses exceed $1.3 billion
CAIRO (AP) — Economic fallout continues from the shutdown of Libya’s vital oil fields, with losses surpassing $1.3 billion, the national oil corporation announced Tuesday.
Sell, manage or status quo? Report out on SC public utility
COLUMBIA, S.C. (AP) — South Carolina could pay off billions in debt and end uncertainty over lawsuits if it sells its state-owned utility, Santee Cooper, but the move would cost ratepayers more money over the next …
How major US stock indexes fared Tuesday
Stocks closed mostly higher on Wall Street Tuesday, nudging the S&P 500 and Nasdaq to all-time highs for the second straight day.
Dominion announces new greenhouse gas reduction goals
RICHMOND, Va. (AP) — Dominion Energy announced Tuesday that it will aim to reach net zero greenhouse gas emissions by 2050, an acceleration of the goals the company had previously pledged to meet.
Samsung's new foldable phone: Cheaper, but still a novelty
SAN FRANCISCO (AP) — Samsung on Tuesday unveiled a new foldable phone, the Galaxy Z Flip, its second attempt to sell consumers on phones with bendable screens and clamshell designs.
Sprint, AutoNation rise; Under Armour, Goodyear Tire fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday:
Push to scale back US environmental law draws ire at hearing
DENVER (AP) — The Trump administration on Tuesday hosted the first of two hearings on its proposal to speed energy and other projects by rolling back a landmark environmental law. Opponents from Western states argu…
Lyft annual loss more than doubles, but revenue keeps rising
Ride-hailing service Lyft's annual loss more than doubled last year to over $2.6 billion, but the company claimed progress as revenue jumped 68% and ridership grew.
NTSB releases details in 2 crashes involving Tesla Autopilot
SAN FRANCISCO (AP) — An Apple engineer who died when his Tesla Model X slammed into a concrete barrier had previously complained about the SUV malfunctioning on that same stretch of Silicon Valley freeway.