Business

Looking for recent business news? Here you'll find all of the breaking and daily business news articles.

Updated 3 days, 8 hours ago

Food processors increase production to meet high demand

EAGLE, Idaho — Potato processor Lamb Weston said that grocery store sales of frozen french fries and processed p...

Updated 31 minutes ago
Chaos and scrambling in the US oil patch as prices plummet

NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In New Mexico, an oil truck driver who supports his family just went a week without pay. And in Alaska...

Updated 7 hours, 30 minutes ago
US shed 701,000 jobs in March in face of virus, ending a record hiring streak after nearly 10 years

WASHINGTON (AP) — US shed 701,000 jobs in March in face of virus, ending a record hiring streak after nearly 10 years.

Updated 7 hours, 30 minutes ago
'Disaster' feared if sick moved to California nursing homes

LOS ANGELES (AP) — A California directive that could open the way for some patients sickened with COVID-19 to be sent from overburdened hospitals to nursing homes is being criticized by industry officials who fea...

Updated 7 hours, 30 minutes ago
OSHA cites companies in deadly New Orleans hotel collapse

NEW ORLEANS (AP) — A federal agency has issued citations against a dozen companies in connection with last fall’s

Updated 7 hours, 30 minutes ago
Chinese struggle to return to work as virus controls ease

WUHAN, China (AP) — After two months in locked-down Wuhan, Wei Lei was eager to get back to work on a railway construction site. Instead, the 22-year-old found himself stranded at an expressway toll plaza where p...

Updated 7 hours, 30 minutes ago
Activity in the US service sector slows in March to an index reading of 52.5 with bigger virus-related slowdown expected

WASHINGTON (AP) — Activity in the US service sector slows in March to an index reading of 52.5 with bigger virus-related slowdown expected.

Updated 7 hours, 30 minutes ago
Business Highlights

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Updated 7 hours, 30 minutes ago
US service sectors slows in March

WASHINGTON (AP) — Growth in the U.S. service sector slowed in March with a much bigger decline expected in coming months from all the shutdowns and job layoffs that have occurred because of efforts to contain the...

Updated 7 hours, 30 minutes ago
White House convenes oil CEOs as bust threatens US boom

WASHINGTON (AP) — President Donald Trump offered assurances of better times and coronavirus tests to oil CEOs at a White House summit Friday, but no firm proposals for easing the industry's way as the coronavirus...

Updated 7 hours, 30 minutes ago
Stocks drop as coronavirus crunches the job market, economy

NEW YORK (AP) — The stock market’s first reaction to Friday’s stunningly bad jobs report was to take it in stride. But Wall Street slid through the day as investors looked ahead to the likelihood that even worse ...

Updated 7 hours, 30 minutes ago
Local newspapers are facing their own coronavirus crisis

NEW YORK (AP) — Just when Americans need it most, a U.S. newspaper industry already under stress is facing an unprecedented new challenge.

Updated 7 hours, 30 minutes ago
'Desperate' tourists stranded by India lockdown told to wait

NEW DELHI (AP) — Tourists stranded in India after their vacations were abruptly ended by India’s coronavirus lockdown and grounded flights are running out of money and hoping their embassies can help them get home.

Updated 7 hours, 30 minutes ago
How major US stock indexes fared Friday

Stocks closed broadly lower on Wall Street Friday following the latest grim snapshot of the toll the coronavirus is having on the labor market as the economy grinds to a halt.

Updated 7 hours, 30 minutes ago
Trump, 3M clash over order to produce more face masks for US

President Donald Trump said Friday his administration will try to stop “profiteers” from exporting medical protective gear, shortly after picking a fight with manufacturing giant 3M, a major producer and exporter...

Updated 7 hours, 31 minutes ago
State unemployment systems tested by surge of applicants

Americans are seeking unemployment benefits at unprecedented levels due to the coronavirus, but many are finding more frustration than relief.