Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Confluence Health names new Chief Medical Officer
WENATCHEE — Confluence Health has selected a new chief medical officer, according to an announcement from Confluen…
Cinemark to reopen movie theaters, pizza continues to sell
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the…
US consumer confidence rises to 98.1 in June
WASHINGTON (AP) — U.S. consumer confidence rose in June, reflecting the partial re-opening of the country but the concern is that rising coronavirus cases in many states could jeopardize future gains.
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…
EU reopens its borders to 14 nations but not to US tourists
BRUSSELS (AP) — The European Union will reopen its borders to travelers from 14 countries, and possibly China soon, the bloc announced Tuesday, but most Americans have been refused entry for at least another two we…
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.
EU summons Venezuela envoy in response to expulsion order
BRUSSELS (AP) — The European Union's top diplomat said Tuesday that the bloc will summon Venezuela's ambassador over the South American country's decision to expel the EU envoy in Caracas, insisting all options “ar…
US home prices increase 4% in April
WASHINGTON (AP) — U.S. home prices gains accelerated in April even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values.
Cab drivers in Madrid protest amid low post-outbreak demand
MADRID (AP) — A wave of honking taxis took over a central Madrid avenue Tuesday to demand limits on the number of pay-for-ride vehicles amid a slump in demand due to the coronavirus pandemic.
Businesses chafe in Leicester as UK city faces new lockdown
LONDON (AP) — Shopkeepers pulled down their shutters, cafe owners paused reopening plans and schools prepared to send children home in the English city of Leicester on Tuesday after the British government imposed a…
Venezuela sanctions set off fight for 'plundered' oil cargo
MIAMI (AP) — For two months, the Malta-flagged oil tanker Alkimos has been quietly floating off the Gulf Coast of Texas, undisturbed by the high-stakes legal fight playing out in a federal courtroom as a result of …
India bans TikTok, other Chinese apps amid border standoff
NEW DELHI (AP) — Indian TikTok users awoke Tuesday to a notice from the popular short-video app saying their data would be transferred to an Irish subsidiary, a response to India's ban on dozens of Chinese apps ami…
Pandemic delays Yahoo Japan, Line merger past October
TOKYO (AP) — Online services Yahoo Japan and Line Corp. said Tuesday the fallout from the coronavirus pandemic is causing delays that will push back their merger to later than the scheduled October date.
Norwegian Air cancels order for 97 Boeing aircraft
COPENHAGEN, Denmark (AP) — Low-cost carrier Norwegian Air Shuttle said Tuesday it has cancelled its 97 outstanding orders for planes from U.S. manufacturer Boeing.
Scandinavian Airlines gets $1.5 billion to survive crisis
STOCKHOLM (AP) — Scandinavian Airlines said Tuesday it is getting an aid package worth 14.25 billion kronor ($1.5 billion) after an agreement with its main shareholders, securing the carrier’s survival amid the COV…
2 Indian workers killed in pharmaceutical plant's gas leak
HYDERABAD, India (AP) — At least two workers were killed and four others sickened by a gas that leaked from a pharmaceutical plant Tuesday in an Indian industrial city where another fatal gas leak occurred less tha…