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.
Adidas HR head resigns as company addresses diversity issues
NEW YORK (AP) — The head of global human resources at sports apparel and shoe company Adidas resigned Tuesday following criticism from employees of what they see as the company's failure to diversify its workforce.
Bloom Energy, Conagra rise; Boeing, Genworth fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday.
Stocks close out best quarter since 1998 with more gains
Wall Street capped its best quarter since 1998 Tuesday with more gains, a fitting end to a stunning three months for investors as the market screamed back toward its record heights after a torrid plunge.
UK allows e-scooter rentals to aid transport in pandemic
LONDON (AP) — Britain gave the green light Tuesday for trials of electric scooter rental programs, as authorities look for ways to help people get moving while maintaining distance and easing pressure on public tra…
Facebook bans violent 'boogaloo' groups, not the term itself
OAKLAND, Calif. (AP) — Facebook has banned an extremist anti-government network loosely associated with the broader “boogaloo” movement, a slang term supporters use to refer to a second Civil War or a collapse of c…
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…
Sunbelt states rush to line up hospital beds, not barstools
ST. PETERSBURG, Fla. (AP) — Florida and other states across the Sunbelt are thinning out the deck chairs, turning over the barstools and rushing to line up more hospital beds as they head into the height of the sum…
Striking shipbuilders are losing health coverage in pandemic
PORTLAND, Maine (AP) — The stakes are growing in a strike against Navy shipbuilder Bath Iron Works during a global pandemic as company-provided health insurance is running out for 4,300 shipbuilders who've left the…
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.
Protests as currency slides, price of bread rises in Lebanon
BEIRUT (AP) — Protesters closed several major roads in the Lebanese capital Beirut on Tuesday amid rising anger as the currency hit a new record low on the black market, electricity cuts increased and the governmen…
As virus roars back, so do signs of a new round of layoffs
WASHINGTON (AP) — The reopening of Tucson’s historic Hotel Congress lasted less than a month.
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…
NY adds states to quarantine list, sends monitors to NYC
ALBANY, N.Y. (AP) — New York is urging travelers from eight additional states to self-quarantine for 14 days as it awaits a decision on the reopening of indoor dining in New York City.
Regulators deny quick approval of new Great Lakes pipeline
Traverse City, Mich. (AP) — A Michigan regulatory panel on Tuesday refused to grant quick permission to run a new oil pipeline beneath a channel that connects two of the Great Lakes, deciding instead to conduct a f…