Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Basin hospitals honored by state association
MOSES LAKE — Four local hospitals were awarded the Achievement of Quality Excellence by the Washington State Hospi…
How major US stock indexes fared Wednesday
Wall Street extended its milestone-setting rally Wednesday as the Dow Jones Industrial Average climbed more than 450 points and the S&P 500 jumped to its biggest gain since July.
Business Highlights
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The Latest: LA declares fiscal emergency, 15K jobs at risk
LOS ANGELES -- The Los Angeles City Council has declared a fiscal emergency because of the coronavirus pandemic, paving the way to furlough about 15,000 employees.
India bans PUBG, 117 other Chinese apps amid border standoff
NEW DELHI (AP) — India on Wednesday banned the widely popular Chinese mobile game PlayerUnknown’s Battlegrounds, known by the acronym PUBG, along with 117 other mobile apps in another move targeting China.
Budget deficit to hit record $3.3T due to virus, recession
WASHINGTON (AP) — The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the fe…
Michael Jordan gets stake in DraftKings for advisory role
SILVER SPRING, Md. (AP) — DraftKings had a big bounce on Wall Street Wednesday on news that basketball legend Michael Jordan is taking an ownership stake in the sports betting site.
The Latest: Beijing airport receives international flights
BEIJING — Beijing’s main international airport on Thursday began again receiving international flights from a limited number of countries considered at low risk of coronavirus infection.
HHS cancelling ventilator contracts, says stockpile is full
WASHINGTON (AP) — The Trump administration announced Tuesday it is canceling some of its remaining orders for ventilators, after rushing to sign nearly $3 billion in emergency contracts as the COVID-19 pandemic sur…
CDC directs halt to renter evictions to prevent virus spread
WASHINGTON (AP) — The Trump administration has issued a directive halting the eviction of certain renters though the end of 2020 to prevent the spread of the novel coronavirus.
Business owners tap into savings to withstand pandemic
NEW YORK (AP) — When the coronavirus outbreak forced cruise lines to cancel trips to Alaska, it wiped out Midgi Moore’s tour business, leaving her with thousands of dollars in deposits to refund.
Asian stock markets mixed after Wall Street surge
Asian stock markets were mixed Thursday after Wall Street surged to its biggest daily gain since July despite uncertainty about the global outlook.
The Latest: COVID-19 more prevalent in poor New Mexico areas
SANTA FE, N.M. -- A top state health official is warning that COVID-19 infections are far more prevalent in low-income areas of the New Mexico, potentially straining Medicaid health care.
US officials: No new environmental study for nuclear lab
ALBUQUERQUE, N.M. (AP) — The National Nuclear Security Administration says it doesn’t need to do an additional environmental review for Los Alamos National Laboratory before it begins producing key components for t…
Emission abates from leaking natural gas well of Texas coast
CORPUS CHRISTI, Texas (AP) — The emission from a leaking natural gas well off the Texas coast could no longer be seen from shore by Wednesday and was down to about 5 percent of what it was the day before, officials…
How major US stock indexes fared Wednesday
Wall Street extended its milestone-setting rally Wednesday as the Dow Jones Industrial Average climbed more than 450 points and the S&P 500 jumped to its biggest gain since July.