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…
KB Home, Walt Disney fall; Rite Aid, Accenture rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
Ford plays it safe with revamped F-150, focuses on interior
DETROIT (AP) — Six years ago, Ford made a Texas-size wager on the top-selling vehicle in America, rolling out a radical new version of the F-Series pickup with a lighter aluminum body instead of the customary steel.
Canada's Trudeau rules out releasing Huawei tech executive
TORONTO (AP) — Canadian Prime Minister Justin Trudeau on Thursday ruled out releasing a top Chinese tech executive in an attempt to win the release of two Canadians detained by Beijing.
Fed stops big banks from buying back stock, caps dividends
NEW YORK (AP) — A worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause the nation’s 34 largest banks to collectively lose roughly $700 billion, the Federal Reserve said Thursday.
Virgin Galactic marks second glide flight over New Mexico
UPHAM, N.M. (AP) — Virgin Galactic on Thursday celebrated the second successful glide flight of its spaceship over Spaceport America in southern New Mexico.
In Wisconsin, Trump boasts of 'aptitude for manufacturing'
MARINETTE, Wis. (AP) — Despite enormous economic headwinds and sky-high unemployment numbers, President Donald Trump sought to showcase his record as a job creator on Thursday during a visit to a shipyard in the b…
Judge shuts down energy pipeline in Michigan's Great Lakes
DETROIT (AP) — A judge shut down an energy pipeline in Michigan’s Great Lakes on Thursday, granting a request from the state after the owner reported problems with a support piece far below the surface.
US mortgage rates stall; 30-year remains at all-time low
NEW YORK (AP) — Long-term U.S. mortgage were unchanged this week as the benchmark 30-year home loan remains at its lowest rate in nearly 50 years.
Verizon joins ad boycott of Facebook over hateful content
SAN FRANCISCO (AP) — Verizon is joining an
Report highlights risks for container ships in Wadden Sea
THE HAGUE, Netherlands (AP) — A Dutch safety watchdog said Thursday that it is “undesirable” for large container ships to use a shipping route through an environmentally sensitive, shallow sea off the coast of the …
How major US stock indexes fared Thursday
Stocks closed broadly higher on Wall Street Thursday as traders welcomed news that the Federal Reserve and other regulators are removing some limits on banks’ ability to make investments.
Mail-in ballots thrust Postal Service into presidential race
WASHINGTON (AP) — The U.S. Postal Service's famous motto — "Neither snow nor rain nor heat nor gloom of night stays these couriers” — is being tested like never before, by challenges that go well beyond the weather…
Macy's cuts corporate headcount by 3,900 as virus takes toll
NEW YORK (AP) — Macy's said Thursday it's laying off 3,900 people corporate staffers, roughly 3% of its overall workforce, as the pandemic takes a financial toll on the iconic department store chain's sales and pro…
Police checks, mass testing after German meat plant outbreak
VERL, Germany (AP) — German police deployed hundreds of officers Thursday across two western regions that have been placed under a
The Latest: Mayo Clinic to end pay cuts, recall workers
ROCHESTER, Minn. — Mayo Clinic is ending pay cuts that the Minnesota-based health system imposed to deal with a patient downturn caused by the novel coronavirus.