Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Fuel prices slightly elevated this week
MOSES LAKE — After weeks of steady increases, fuel prices across Washington and the nation largely held steady thi…
BP, Hilcorp say they've closed part of Alaska oil, gas deal
JUNEAU, Alaska (AP) — BP announced Wednesday it has closed part of its planned $5.6 billion sale of assets and operations in Alaska to Hilcorp, including the transfer of leases in the Prudhoe Bay oil field and Poin…
US transfers care for towns polluted with asbestos to state
BILLINGS, Mont. (AP) — State regulators are taking over maintenance of a decades-long environmental cleanup in two northwestern Montana towns where lung-damaging asbestos contamination has been blamed in hundreds o…
Minutes for Fed's June meeting show officials concerned about severity of economic damage from virus-induced downturn
WASHINGTON (AP) — Minutes for Fed's June meeting show officials concerned about severity of economic damage from virus-induced downturn.
Turkey: 11 detained over tweets dealing with leader's family
ANKARA, Turkey (AP) — At least 11 people were detained in Turkey for social media postings that allegedly insulted President Recep Tayyip Erdogan’s daughter and son-in-law after they announced the birth of their fo…
5 things to watch for in Thursday's jobs report for June
WASHINGTON (AP) — With the viral outbreak worsening and unemployment at Depression-era levels, the government on Thursday will issue what will almost surely be another remarkable jobs report.
Treasury to loan $700M to trucking company DOD sued in 2018
SILVER SPRING, Md. (AP) — A struggling trucking company once sued by the Department of Defense is getting a $700 million loan from the U.S. government because it “is critical to maintaining national security," the …
Cases spike in Sunbelt, other states back off on reopening
PHOENIX (AP) — California closed bars, theaters and indoor restaurant dining all over again across most of the state Wednesday, and Arizona's outbreak grew more severe by nearly every measure as the surging
Insurer Centene plans 3,200 jobs at new N.C. regional hub
RALEIGH, N.C. (AP) — Government health insurance provider Centene Corp. said on Wednesday it will build an East Coast campus in Charlotte, North Carolina, developing a $1 billion construction project that's expecte…
Health experts slam US mass purchase of licensed virus drug
LONDON (AP) — Public health experts on Wednesday criticized the U.S. for securing for itself a large supply of the only drug licensed so far to treat COVID-19.
UK govt accused of data bungles as towns fear more lockdowns
LONDON (AP) — Opponents accused the British government on Wednesday of putting lives at risk by failing to share information about local coronavirus outbreaks with affected areas.
Geechie Boy Mill to change name amid backlash from shoppers
NEW YORK (AP) — Geechie Boy Mill, a family-owned operation in South Carolina that makes locally-grown and milled grits, says it will change its name amid backlash from customers.
Puerto Rico board approves $10B budget as resignations loom
SAN JUAN, Puerto Rico (AP) — Puerto Rico awoke to a new budget approved early Wednesday that largely suspends austerity measures and government cuts for one year as the U.S. territory struggles to recover from hurr…
Macy's rethinks Black Friday bonanza in era of pandemic
NEW YORK (AP) — Macy's is refashioning what the Black Friday sales bonanza events will look like in a pandemic.
Mexico celebrates start of new trade accord with US, Canada
MEXICO CITY (AP) — Mexico celebrated the implementation of a new free trade agreement with Canada and the United States that it hopes will lead to more investment in its struggling economy.
Report: Tourism to Latin America hammered by COVID
MIAMI (AP) — With the coronavirus keeping Americans at home during the summer, countries south of the U.S. border are bracing for an economic reckoning from a decline in tourism.