Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Horizon employees give back to community
MOSES LAKE — The team at Horizon Credit Union took some time away from the office Tuesday to tackle a different li…
LA gives initial OK for reboot of marijuana marketplace
LOS ANGELES (AP) — Los Angeles moved Wednesday to reboot its once-promising legal marijuana market, giving initial approval to changes large and small to expand licensing and get more assistance to operators who en…
German state governor faces criticism over virus outbreak
GUETERSLOH, Germany (AP) — Authorities in Germany’s most populous state faced criticism Wednesday over their handling of a major coronavirus outbreak at a slaughterhouse that triggered a regional lockdown and saw r…
Detroit police challenged over face recognition flaws, bias
A Black man who was wrongfully arrested when facial recognition technology mistakenly identified him as a suspected shoplifter wants Detroit police to apologize — and to end their use of the controversial technolog…
Asia Today: India to survey 29 million New Delhi residents
NEW DELHI (AP) — India says it will carry out a massive survey for the coronavirus targeting the entire population in New Delhi of 29 million.
UK watchdog gives Amazon-Deliveroo deal tentative approval
LONDON (AP) —
Bayer paying up to $10.9B to settle Monsanto weedkiller case
BERLIN (AP) — Bayer said Wednesday that it will pay up to $10.9 billion to settle litigation over the weedkiller Roundup, which has faced thousands of lawsuits over claims it causes cancer.
Plug Power, Dell rise; GNC, Carnival fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
Australia's Qantas airline to cut 6,000 jobs as virus hits
WELLINGTON, New Zealand (AP) — Qantas plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as Australia's largest airline tries to survive the coronavirus pandemic.
Lebanon currency in free-fall amid political impasse
BEIRUT (AP) — Lebanon's currency continued its downward spiral Wednesday, reaching a new low before the dollar and raising such alarm that it prompted a powerful politician to call for a state of “financial emergen…
White House wins ruling on health care price disclosure
WASHINGTON (AP) — The Trump administration won a court ruling Tuesday upholding its plan to require hospitals and insurers to disclose the actual prices for common tests and procedures in a bid to promote competiti…
Peru giving up on virus measures in face of sinking economy
LIMA, Peru (AP) — On the same day that the Peruvian government announced another grim increase in the number of coronavirus infections, thousands of people packed together in hourslong lines outside shopping malls …
Mexican official hit after call to nationalize lithium mines
MEXICO CITY (AP) — Mexico’s largest union group is criticizing calls by the environment secretary to nationalize the country’s newly-discovered lithium deposits, considered among the largest in the world.
Business Highlights
US job market’s modest improvement may be stalling
Correction: Trump-Health Care Prices story
WASHINGTON (AP) — In a story June 23, 2020, about a court ruling involving the Trump administration's plan for disclosure of hospital prices, The Associated Press erroneously reported the last name of the general c…
IMF downgrades outlook for global economy in face of virus
WASHINGTON (AP) — The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months a…