Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Home team
MOSES LAKE — Hayden Homes, and its partner company Simplicity by Hayden Homes, went a step beyond their mission of…
Fed sees rates near zero through 2023, perhaps longer
WASHINGTON (AP) — With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers
Raytheon doubles job cuts to 15,000, citing airline downturn
WALTHAM, Mass. (AP) — Raytheon Technologies Corp. plans to eliminate more than 15,000 jobs this year at its corporate offices, jet engine-maker Pratt & Whitney and aviation and military equipment manufacturer Colli…
Sony's new $500 PlayStation 5 will launch Nov. 12
Sony's upcoming PlayStation 5 video game console will cost $500 and launch Nov. 12, the company said Wednesday, setting up a holiday battle with Microsoft's Xbox Series X over whose new console will turn up under m…
US stocks close lower after Fed rate decision
Stocks closed lower on Wall Street Wednesday after a rally following the Federal Reserve's latest interest rate policy update faded in the final hour of trading.
How major US stock indexes fared Wednesday
Stocks closed lower on Wall Street Wednesday after a brief rally faded in the last hour of trading. Losses by technology companies outweighed gains in banks and elsewhere in the market.
Bones to pick, for $8M: Stan the T rex goes up for auction
NEW YORK (AP) — He weighed at least 7 tons and had eyes the size of baseballs. His bite could have crushed a car. He bore scars from fierce prehistoric battles.
The Latest: Health officials: Vaccine still 6-8 months away
ANNAPOLIS, Md. — It will likely be at least six to eight months longer before a coronavirus vaccine can be distributed in a best-case scenario, leading Maryland health officials and lawmakers said as they make plan…
Attorney Alan Dershowitz sues CNN over impeachment quote
FORT LAUDERDALE, Fla. (AP) — Attorney Alan Dershowitz is suing CNN for $300 million, alleging it slandered and libeled him through its editing of a comment he made to the Senate while defending President Donald Tru…
Trump fuels spread of altered Biden video, tweeting it twice
A video altered to make it appear as though Democratic president candidate Joe Biden played a song disparaging the police was viewed more than 4.5 million times on Twitter by Wednesday afternoon, its spread fueled …
FedEx, AMC Networks rise; Spotify, NextEra fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday:
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for October delivery rose $1.88 to $40.16 a barrel Wednesday. Brent crude oil for November delivery rose $1.69 to $42.22 a barrel.
US stocks shed gains after Federal Reserve’s rate decision
U.S. stocks were losing some of their gains Wednesday as a brief rally following the Federal Reserve's latest interest rate policy update faded. The central bank signaled it will keep interest rates near zero into …
Trop boss makes 4 of 9 Atlantic City casinos run by women
ATLANTIC CITY, N.J,. (AP) — Four of Atlantic City's nine casinos will be run by women, following Wednesday's appointment of a veteran female executive to run the Tropicana.
Mortician fights for license, livelihood after virus scandal
NEW YORK (AP) — During the deadliest days of the coronavirus outbreak in New York City, the bodies piled up at a Brooklyn funeral home — and the stench that came with it — at an alarming rate.
Federal Reserve sees rates near zero at least through 2023
WASHINGTON (AP) — The Federal Reserve expects to keep its benchmark interest rate pegged near zero at least through 2023 as it strives to accelerate economic growth and drive down the unemployment rate.