Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Hay now
MOSES LAKE — Klompen Farms of Royal City is this year’s hay growing royalty. Owners Bob and Anne Wieldraayer we…
Global stocks surge after Trump acquitted, China virus aid
Global stocks rose Thursday after U.S. President Donald Trump was acquitted in an impeachment trial and China cut tariffs on U.S. imports and provided aid to businesses reeling from a virus outbreak.
High-speed train derails in Italy; 2 railway workers killed
OSPEDALETTO LODIGIANO, Italy (AP) — A high-speed passenger train derailed in northern Italy before dawn Thursday and its detached engine slammed into a work train car on an adjacent track, ripped away part of a bui…
Scotland's finance chief quits over messages to teenager
LONDON (AP) — Scotland’s finance minister resigned Thursday after revelations he had reportedly sent hundreds of messages to a 16-year-old boy on social media.
Nokia reports higher profit, boosts 5G investments
HELSINKI (AP) — Finnish telecom equipment maker Nokia Corp. has reported a rise in fourth-quarter earnings mainly due to cost savings and pledged to boost investments in next-generation 5G networks, of which it is …
UniCredit swings to loss under cost of bad loans
MILAN (AP) — Italy's largest bank by assets, UniCredit, said Thursday it swung to a loss in the fourth quarter due to higher write-downs on bad loans.
Victims: PG&E still has rickety power line near Paradise
SAN FRANCISCO (AP) — Pacific Gas & Electric is still operating a rickety power line near the one that ignited a 2018 wildfire that wiped out the Northern California city of Paradise and killed 85 people, according …
Chinese scientists ask for patent on US drug to fight virus
BEIJING (AP) — Scientists in the city at the center of China’s virus outbreak have applied to patent a drug made by U.S. company Gilead Sciences Inc. to treat the disease, possibly fueling conflict over technology …
Macy's, Humana rise; Merck, Ford Motor fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
Should your student loans and your spouse’s get hitched?
Multiple studies have shown that student debt can cause borrowers to delay getting married. For some borrowers, though, marriage could actually be a gateway to paying less.
How major US stock indexes fared Wednesday
Health care and financial companies led a broad rally on Wall Street Wednesday, giving the market its third straight gain. The S&P 500 and the Nasdaq closed at all-time highs.
Business Highlights
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Sweden mine blaze injures at least 2
COPENHAGEN, Denmark (AP) — A fire at a mine in Sweden left at least two people slightly injured on Thursday, authorities said.
Asian economies cut rates, move to blunt impact of virus
BANGKOK (AP) — Central banks in the Philippines and Thailand have cut their benchmark interest rates as China's neighbors seek ways to soften the impact of measures to contain a virus outbreak that has killed more …
Merck to spin off assets with $6.5B in sales; 4Q profit up
Drugmaker Merck beat Wall Street's fourth-quarter profit expectations, but investors weren't as happy with the biggest move Merck's made in years: deciding to spin off its women's health division and other operatio…
Facebook takes down anti-Semitic page, governor says
TRENTON, N.J. (AP) — Facebook has agreed to shutter the public page of a group the administration has identified as anti-Semitic, New Jersey Gov. Phil Murphy said Wednesday.