Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Horizon employees give back to community
MOSES LAKE — The team at Horizon Credit Union took some time away from the office Tuesday to tackle a different li…
Record low US mortgage rates for the third consecutive week
BALTIMORE (AP) — Rates on 30-year mortgages have fallen to record lows for the third consecutive week as inflation remains muted in a weakened economy, even in the face of persistent demand from homebuyers
Bed Bath & Beyond closing stores, cruises prepare to sail
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of th…
US economy may be stalling out as viral outbreak worsens
WASHINGTON (AP) — The U.S. economy is stumbling as the viral outbreak intensifies, threatening to slow hiring and deepening the uncertainty for employees, consumers and companies across the country.
Worker advocates file meat plants discrimination complaint
Several worker advocacy organizations have filed a civil rights complaint with the U.S. Department of Agriculture alleging that meat processing companies Tyson and JBS have engaged in racial discrimination during t…
2Q earnings to show how virus menaced Corporate America
NEW YORK (AP) — Like that last roll of ultra-thin toilet paper left on the shelves or the latest Star Wars movies, it’s tough to be disappointed in something when expectations were low to begin with. That’s how Wal…
The Latest: India reports more than 26,000 new virus cases
NEW DELHI — India’s is reporting another record one-day spike in coronavirus cases, prompting some states to reimpose lockdowns in high-risk areas.
Google selects Mississippi site for 1st US operations center
SOUTHAVEN, Miss. (AP) — Google's first U.S. operations center is coming to northwest Mississippi.
Former employees at raided slaughterhouse to get back pay
KNOXVILLE, Tenn. (AP) — Former employees of an East Tennessee slaughterhouse raided by federal immigration agents in 2018 will get $610,000 in back pay and damages, according to a consent order filed in federal cou…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for August delivery rose 93 cents to settle at $40.55 a barrel Friday. Brent crude oil for September delivery gained 89 cents to $43.24 a barrel.
Morocco to start reopening borders after strict lockdown
RABAT, Morocco (AP) — Morocco will start gradually reopening its air and maritime borders next week after one of the world’s strictest border lockdowns, which trapped tourists inside the country and left thousands …
How major US stock indexes fared Thursday
Banks helped drag stocks lower on Wall Street Thursday amid worries that recent improvements in the economy may be set to stall as coronavirus cases continue to climb.
Ireland's Donohoe named head of eurozone finance group
BRUSSELS (AP) — Ireland's Paschal Donohoe was elected Thursday to head the powerful finance group of the 19 nations using Europe’s single currency, and vowed to lead the bloc through what is set to be a historicall…
Cyprus to get 1st natural gas import terminal in 2 years
NICOSIA, Cyprus (AP) — Cyprus said it plans to transition to cleaner and cheaper natural gas for energy generation in two years as work officially began Thursday to build the east Mediterranean island nation’s firs…
Takeaways: Paycheck Protection loans and the Catholic Church
NEW YORK (AP) — When the coronavirus pandemic caused a broad economic downturn and Depression-era unemployment rates, Washington responded with trillions of dollars in federal relief.
1.3 million workers seek US jobless aid as layoffs remain historically high amid spike in coronavirus cases
WASHINGTON (AP) — 1.3 million workers seek US jobless aid as layoffs remain historically high amid spike in coronavirus cases.