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…
Musk tells Tesla employees breaking even in 2Q will be tight
PALO ALTO, Calif. (AP) — With one day left before the second quarter closes, Tesla CEO Elon Musk is telling employees that prospects for the company breaking even for the three-month period are tight, and he's aski…
Social media platforms face a reckoning over hate speech
For years, social media platforms have fueled political polarization and hosted an explosion of hate speech. Now, with four months until the U.S. presidential election and the country’s divisions reaching a boiling…
Business Highlights
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Coty, Boeing rise; Intercept Therapeutics, Heron fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
How major US stock indexes fared Monday
Stocks closed broadly higher on Wall Street Monday, clawing back half of their losses from last week.
Powell says US economy facing heightened uncertainty
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the outlook for the U.S. economy is “extraordinarily uncertain” and the success of the recovery effort will depend in large part on the country’s abilit…
Wall Street stocks claw back a chunk of last week's losses
Stocks shrugged off a wobbly start to finish solidly higher on Wall Street Monday, as the market clawed back half its losses from last week.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for August delivery rose $1.21 to settle at $39.70 a barrel Monday. Brent crude oil for August delivery rose 69 cents to $41.71 a barrel.
Billions of dollars in aid for small businesses go unclaimed
NEW YORK (AP) — Billions of dollars offered by Congress as a lifeline to small businesses struggling to survive the pandemic are about to be left on the table when a key government program stops accepting applicati…
France, Germany push for rapid EU recovery plan agreement
BERLIN (AP) — The leaders of Germany and France said Monday they will use their influence as European Union powerhouses to help negotiate a rapid agreement on a coronavirus recovery package for the 27-nation bloc t…
Macron pledges billions for climate after Greens make gains
PARIS (AP) — French President Emmanuel Macron, who once declared “Make The Planet Great Again” but whose climate agenda got knocked off course by street protests, is under new pressure to fight climate change after…
Court says president can fire Consumer board head 'at will'
WASHINGTON (AP) — In a ruling underscoring the power of the president, the Supreme Court on Monday made it easier for the president to fire the head of the Consumer Financial Protection Bureau.
WHO: Countries complaining about contact tracing are 'lame'
LONDON (AP) — The head of the World Health Organization on Monday dismissed complaints from countries complaining that contact tracing is too difficult to implement as a control strategy for the coronavirus pandemi…
India bans dozens of Chinese apps, citing security reasons
NEW DELHI (AP) — India on Monday banned 59 apps with Chinese links, saying their activities endanger the country’s sovereignty, defense and security.
Cirque du Soleil files for creditor protection in Canada
MONTREAL (AP) — Cirque du Soleil filed for creditor protection in Canada on Monday while it develops a plan to restart its business amid the pandemic.