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…
US consumer spending up 8.2%, partly erasing record plunge
WASHINGTON (AP) — American consumers increased their spending by a record 8.2% in May, partly erasing huge plunges the previous two months, against the backdrop of an economy that’s likely shrinking by its steepest…
Mexico City reopening shops, street markets, sport complexes
MEXICO CITY (AP) — Mexico said Friday that it will allow more businesses to reopen in parts of the country despite continued high infection and death rates.
Libya oil company: Russian mercenaries enter major oilfield
CAIRO (AP) — Russian and other foreign mercenaries have entered Libya’s largest oil field, the country's National Oil Corporation said on Friday, describing the development as an attempt to thwart the resumption of…
EU regulators to look into German handling of Wirecard case
FRANKFURT, Germany (AP) — A top economic official at the European Union's executive commission says it has asked for the EU's securities regulator to investigate what went wrong with supervision of payments company…
Facebook to label all rule-breaking posts - even Trump's
OAKLAND, Calif. (AP) — Facebook said Friday that it will flag all "newsworthy" posts from politicians that break its rules, including those from President Donald Trump.
ASEAN tackles emergency virus fund, sea feud in video summit
HANOI, Vietnam (AP) — Southeast Asian leaders held their annual summit by video Friday to show unity and discuss a regional emergency fund to respond to the immense crisis brought by the coronavirus pandemic. Long-…
Arizona attorney general warns church where Trump had rally
PHOENIX (AP) — Arizona’s chief attorney has issued a cease-and-desist letter to a company touted by a church where
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for August delivery fell 23 cents to settle at $38.49 a barrel Friday. Brent crude oil for August delivery fell 3 cents to $41.02 a barrel.
Microsoft to permanently close all physical stores
NEW YORK (AP) — Microsoft said Friday it is permanently closing nearly all of its physical stores around the world.
US to provide Cambodia with $56 million in development aid
PHNOM PENH, Cambodia (AP) — The United States has agreed to provide Cambodia with more than $56 million in development assistance, the two countries announced.
Facebook says it will label 'newsworthy' posts from politicians that violate its rules - including Trump's
MENLO PARK, Calif. (AP) — Facebook says it will label 'newsworthy' posts from politicians that violate its rules - including Trump's.
How major US stock indexes fared Friday
Stocks closed broadly lower Friday as confirmed new coronavirus infections in the U.S. hit an all-time high, leading Texas and Florida to roll back the reopening of their economies. The developments undercut Wall S…
Nike, JPMorgan fall; Gap, CoreLogic rise
Stocks that moved heavily or traded substantially on Friday:
GM wants judge removed in legal fight with Fiat Chrysler
DETROIT (AP) — General Motors asked a federal appeals court Friday to overturn an
Asia Today: India's cases spike again to near half-million
NEW DELHI (AP) — India neared half a million confirmed coronavirus cases Friday with its biggest 24-hour spike of 17,296 new infections, prompting a delay in resumption of regular train services of more than a mont…