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…
Norfolk Southern's 4Q profit slips 5% as railroad hauls less
OMAHA, Neb. (AP) — Norfolk Southern Corp.'s fourth-quarter profit declined 5% as the railroad hauled 9% less freight.
Leaked report shows United Nations suffered hack
GENEVA (AP) — Sophisticated hackers infiltrated U.N. networks in Geneva and Vienna last year in an apparent espionage operation that top officials at the world body kept largely quiet. The hackers' identity and the…
German government to help farmers with $1.1 billion
BERLIN (AP) — Leaders of Germany's governing coalition agreed Thursday to provide 1 billion euros ($1.1 billion) over four years to help farmers as they adapt to new environmental regulations.
Deutsche Bank loss widens in Q4 on restructuring costs
BERLIN (AP) — Germany's Deutsche Bank said Thursday that its net loss widened in the fourth quarter as a result of charges related to a sweeping restructuring program.
Program with anti-gay schools loses Wells Fargo support
ORLANDO, Fla. (AP) — Wells Fargo has pulled support and another bank says it will stop donating millions of dollars to Florida's private school voucher program after reports that some schools in the program discrim…
Japan seeks, although futilely, to arrest Ghosn in Lebanon
TOKYO (AP) — An arrest warrant was issued Thursday for Nissan's former chairman Carlos Ghosn, who skipped bail while awaiting trial in Japan, and is now in Lebanon.
Toyota's 2019 global vehicle sales trail Volkswagen's
TOKYO (AP) — German automaker Volkswagen has kept its lead as the world's largest automaker after Japanese rival Toyota announced it sold fewer vehicles last year.
Apple, Broadcom told to pay Caltech $1.1B in patent lawsuit
LOS ANGELES (AP) — A federal jury on Wednesday decided that Apple Inc. and Broadcom Inc. must pay $1.1 billion to the California Institute of Technology for infringing on patents.
Survey: University investments saw slower growth in 2019
BOSTON (AP) — Most U.S. universities made money on their financial investments last year, but their returns were tempered by a global economic slowdown fueled by America’s trade war with China, according to an annu…
Uber, Lyft confirm Phoenix airport business as usual for now
PHOENIX (AP) — Ride-hailing companies Uber and Lyft say they won't change their service at Phoenix Sky Harbor International Airport until Arizona's highest court rules on proposed fee increases that prompted threat…
Asian markets tumble as fears over virus outbreak spread
Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened.
Samsung predicts earnings improvement after sluggish 2019
SEOUL, South Korea (AP) — Samsung Electronics Co. said Thursday its operating profit for the last quarter fell 33.7% from a year earlier but it predicted earnings will improve in 2020, driven by a gradually stabili…
Texas oil well blowout kills 1 worker, injures 3 others
BRYAN, Texas (AP) — One worker was killed and three others were injured Wednesday during the blowout of a Central Texas oil well.
High-profile housing bill fails to pass California Senate
SACRAMENTO, Calif. (AP) — California lawmakers have failed to pass the most ambitious proposal yet to combat a growing housing crisis in the nation's most populous state, voting down legislation Wednesday that woul…
San Francisco airport official resigns in wake of FBI report
SAN FRANCISCO (AP) — A member of the board that oversees San Francisco International Airport resigned Wednesday, a day after the FBI and U.S. attorney announced charges against a senior city bureaucrat and a restau…