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…
US Cybercom virtual war game girds against increased threats
Foreign hackers are taking advantage of the coronavirus pandemic to undermine institutions and threaten critical infrastructure, a top U.S. military cyber official said Thursday.
Walmart to continue to review policy on prison labor
NEW YORK (AP) — Walmart Inc. says it will continue to review its policy on working with suppliers that deploy prison labor, as part of its review of overall practices in the wake of civil unrest over racial inequal…
Banks lead gains for stocks on Wall Street in jumpy trading
Financial companies led stocks broadly higher on Wall Street Thursday as traders welcomed news that the Federal Reserve and other regulators are removing some limits on the ability of banks to make investments.
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.
Expansion of California privacy law qualifies for ballot
SACRAMENTO, Calif. (AP) — California voters will decide a ballot measure in November that would give them more power over how companies use their data, an extension of a landmark privacy law passed in 2018.
Rebuking China, Senate moves to protect Hong Kong autonomy
WASHINGTON (AP) — In a bipartisan rebuke of China, the Senate on Thursday unanimously approved a bill to impose sanctions on business and individuals — including the police — that undermine Hong Kong’s autonomy or …
EU to help resolve Cyprus-Turkey maritime border wrangle
NICOSIA, Cyprus (AP) — The European Union will help Cyprus try to negotiate its maritime border with neighboring Turkey in order to end an ongoing wrangle that has raised tensions in the east Mediterranean, EU fore…
US job market's modest improvement may be stalling
WASHINGTON (AP) — The number of laid-off workers seeking U.S. unemployment aid barely fell last week, and the reopening of small businesses has leveled off — evidence that the job market's gains may have stalled ju…
Texas puts reopening on 'pause' as virus cases soar
AUSTIN, Texas (AP) — Gov. Greg Abbott on Thursday halted elective surgeries in Texas' biggest counties and said the state would “pause” its aggressive reopening as it deals with a surge in coronavirus cases and hos…
Federal banking agencies ease Volcker Rule restrictions
WASHINGTON (AP) — The Federal Reserve and four other regulatory agencies announced on Thursday that they have finalized a rule that will ease restrictions curtailing the ability of banks to make investments in such…
Lufthansa shareholders approve German rescue package
FRANKFURT, Germany (AP) — Lufthansa shareholders approved a 9 billion-euro ($11 billion) rescue package Thursday that will see the German government take a 20% stake after management told them the airline was runni…
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
Sweden fines bank for not properly fighting money laundering
STOCKHOLM (AP) — A big Scandinavian bank has been fined for not taking strong enough action to reduce the risk of money laundering. The fine comes after several banks in the region were caught handling dirty money …
Texas putting reopening on 'pause' as virus cases soar
AUSTIN, Texas (AP) — Faced with surging coronavirus cases and hospitalizations that have made Texas one of the nation's virus hotspots, Gov. Greg Abbott on Thursday halted elective surgeries in the state's biggest …
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.