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…
UAW, prosecutor consider a monitor for avoiding corruption
DETROIT (AP) — A federal prosecutor and the United Auto Workers president are looking at using an independent monitor to make sure that a wide-ranging union corruption scandal never happens again.
Mnuchin says hardest-hit businesses should be next aid focus
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin told Congress on Tuesday that the administration wants the next round of economic aid to focus supporting businesses like restaurants that have been hardest hit b…
Mexico's legacy airline Aeromexico files for bankruptcy
MEXICO CITY (AP) — Mexico’s oldest legacy airline, Aeromexico, said Tuesday it has filed for Chapter 11 reorganization, a form of bankruptcy in which the carrier can keep operating while its debts and obligations a…
Shell takes $22 billion hit on lower oil, gas prices
LONDON (AP) — Energy producer Royal Dutch Shell warned Tuesday it will slash the value of its assets by $22 billion to account for lower oil and gas prices amid the COVID-19 pandemic.
Appeals court panel weighs Wilmington Trust convictions
DOVER, Del. (AP) — Attorneys representing former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program have asked a federal appeals court panel t…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for August delivery rose 55 cents to settle at $39.82 a barrel Wednesday. Brent crude oil for September delivery rose 76 cents to $42.03 a barrel.
Airbus shedding 15,000 jobs, mostly in Europe
PARIS (AP) — Battered by the coronavirus pandemic, European aircraft manufacturer Airbus said Tuesday that it must eliminate 15,000 jobs, mostly in Europe, to safeguard its future and warned of more thin years ahea…
European aircraft maker Airbus announces plans to shed 15,000 jobs, mostly in Europe, over the next year
PARIS (AP) — European aircraft maker Airbus announces plans to shed 15,000 jobs, mostly in Europe, over the next year.
Citroen unveils new hatchback as virus pushes event online
FRANKFURT, Germany (AP) — PSA Group unveiled one of its most important new models Tuesday with 20 people physically present and 2,600 watching online - a marketing configuration that the coronavirus seems likely to…
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Bloom Energy, Conagra rise; Boeing, Genworth fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday.
How major US stock indexes fared Tuesday
Stocks rose Tuesday as Wall Street closed out its best quarter since 1998.
Fed's program for loaning to Main Street off to slow start
WASHINGTON (AP) — Michael Haith, owner and CEO of a Denver-based restaurant chain called Teriyaki Madness, is in an unusual position for people like him: He's making money through food delivery and pickup and wants…