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…
Appeals court delays meeting between GM, Fiat Chrysler CEOs
DETROIT (AP) — Three federal appeals judges have delayed a court-ordered meeting between the CEOs of General Motors and Fiat Chrysler to try to settle a lawsuit over corruption by union leaders.
Worldwide slowdown in fishing unlikely to save rare species
PORTLAND, Maine (AP) — Commercial fishing taking place worldwide has dipped since the start of the coronavirus pandemic, but scientists and conservation experts say it's unclear if the slowdown will help endangered…
Ex-UAW president repays union $55k for travel expenses
DETROIT (AP) — A former president of the United Auto Workers has reimbursed the union for $55,000 worth of inappropriate travel expenses, the union says.
EU prolongs sanctions against Russia over Ukraine conflict
BRUSSELS (AP) — The European Union on Monday prolonged economic sanctions against Russia for six months for failing to live up to its commitments to the peace agreement in Ukraine.
Conflicting emotions as France shutters oldest nuclear plant
PARIS (AP) — Nuclear workers lamented the switching off Monday of France's oldest nuclear reactor, a closure celebrated by anti-nuclear campaigners.
Senior Lebanese finance official resigns amid crisis
BEIRUT (AP) — The director general of Lebanon’s Finance Ministry, who was on the team negotiating an emergency bailout from the International Monetary Fund, resigned from his post on Monday amid a rapidly worsening…
US pending home sales see record-breaking rebound in May
SILVER SPRING, Md. (AP) — The number of Americans signing contracts to buy homes rebounded a record 44.3% in May after a record-breaking decline the previous month, as the impact of the coronavirus pandemic sidelin…
The Latest: Partial lockdown extended in German district
BERLIN — Authorities have extended by a week a partial lockdown in a western German district hit by a big coronavirus outbreak at a slaughterhouse.
US pending home sales bounce back huge in May
SILVER SPRING, Md. (AP) — The number of Americans signing contracts to buy homes rebounded a record 44.3% in May after a record-breaking decline the previous month, as the impact of the coronavirus pandemic sidelin…
Domino's expands delivery options, home buying moves online
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the national and global response, the work place and the spread of the …
Greece says pandemic to worsen long-term economic problems
ATHENS, Greece (AP) — Greece's central bank says the country could avoid a major recession if it makes good use of emergency EU support funds and does not suffer a major renewed outbreak of COVID-19, but the pandem…
Diageo goes green with carbon neutral distillery in Kentucky
LOUISVILLE, Ky. (AP) — Spirits giant Diageo announced Monday that it's going green with its newest whiskey-making venture in the Bluegrass State.
Governments backtracking as confirmed virus cases surge
NEW DELHI (AP) — Governments are stepping up testing and reimposing restrictions as newly confirmed coronavirus infections surge in many countries. India reported 20,000 on Monday, while the caseload in the U.S. is…
French ex-prime minister Fillon, wife found guilty of fraud
PARIS (AP) — Former French Prime Minister Francois Fillon was found guilty Monday in a fraud case of having used public funds to pay his wife and children more than 1 million euros ($1.13 million) since 1998 for wo…
Gilead's $2,340 price for coronavirus drug draws criticism
The maker of a drug shown to shorten recovery time for severely ill COVID-19 patients says it will charge $2,340 for a typical treatment course for people covered by government health programs in the United States …