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…
Audit: US sent $1.4B in virus relief payments to dead people
WASHINGTON (AP) — Nearly 1.1 million coronavirus relief payments totaling some $1.4 billion went to dead people, a
Report: Engineer error caused train derailment
HARPERS FERRY, W.Va. (AP) — An engineer error caused a CSX freight train
Ireland, Luxembourg, Spain ministers eye top eurozone job
BRUSSELS (AP) — Irish Finance Minister Paschal Donohoe and his Luxembourg counterpart Pierre Gramegna threw their hats into the leadership ring Thursday, joining Spain’s Economy Minister Nadia Calviño as official c…
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…
Unilever to drop terms like 'whitening' from beauty products
THE HAGUE, Netherlands (AP) — Consumer products giant Unilever said Thursday it is aiming for a “more inclusive vision of beauty” in its skin care products and will remove words such as “fair,” “whitening” and “lig…
Wall Street-owned loans tricky for hoteliers in virus era
ORLANDO, Fla. (AP) — Hotel owner and developer Danny Gaekwad survived steep drops in business after the 9/11 attacks and the recession of the late 2000s, but nothing prepared him for the revenue tailspin that follo…
Rite Aid 1Q loss shrinks, helped by pandemic-inspired sales
Customers pumped up Rite Aid sales of sanitizers, wipes and liquor, helping the drugstore chain deliver a better-than-expected first-quarter performance.
Pandemic forces some patients to phone in doctor visits
Video telemedicine took off earlier this year as the coronavirus paused in-person doctor visits. Earl Egner missed that trend.
Pandemic takes a bite, Chuck E. Cheese files for bankruptcy
Chuck E. Cheese - where kids could be kids while parents nursed headaches - is filing for bankruptcy protection.
Official: US might help others buy non-Huawei telecom gear
BEIJING (AP) — The United States is willing to help other countries finance purchases of next-generation telecom technology from Western providers so they can avoid Chinese tech giant Huawei, which Washington sees …
Pandemic throws Greece’s budget off-target, hurts recovery
ATHENS, Greece (AP) — Greece's budget deficit has widened due to the effects of the coronavirus pandemic, which has slammed the key tourism sector and is pushing the country into recession.
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 …
Orders for US big-ticket factory goods shot up 15.8% in May after plunging in April
WASHINGTON (AP) — Orders for US big-ticket factory goods shot up 15.8% in May after plunging in April.
Orders for US big-ticket factory goods surge 15.8% in May
WASHINGTON (AP) — Orders to American factories for big-ticket goods rebounded last month from a disastrous April and March as the U.S. economy began to slowly reopen.
Sustainable funds hold their own as markets tumble worldwide
NEW YORK (AP) — A steadier and more sustainable way to invest. That’s how a growing cadre of fund managers pitch their approach, one that considers how companies perform on environmental, social and governance issu…