Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Diesel prices hit record high in Washington as gasoline remains relatively stable
MOSES LAKE — Diesel prices in Washington reached a record high over the weekend, even as gasoline prices remained …
Hiring rose in 46 states in May yet jobless rates still high
WASHINGTON (AP) — Employers added jobs in 46 states last month, evidence that the U.S. economy's surprise hiring gain in May was spread broadly across the country — in both states that began reopening their economi…
Apple is shutting down 11 stores it had reopened a few weeks ago in Arizona, Florida, North Carolina and South Carolina
NEW YORK (AP) — Apple is shutting down 11 stores it had reopened a few weeks ago in Arizona, Florida, North Carolina and South Carolina.
Juneteenth at slave cemetery: loved, though names unknown
NEW ORLEANS (AP) — Community and environmental groups held a Juneteenth ceremony at a Louisiana site archaeologists have described as probably
Australian leader says unnamed state increasing cyberattacks
CANBERRA, Australia (AP) — "A sophisticated state-based cyber actor” was targeting Australia in an escalating cyber campaign that is threatening all levels of government, businesses, essential services and critical…
Phoenix mandates wearing masks amid surge of virus cases
PHOENIX (AP) — The city of Phoenix on Friday approved a measure requiring people to use face masks in public to ward off the spread of the coronavirus as Arizona hit an all-time high for new daily cases.
Bank of England says sorry for slave links as UK faces past
LONDON (AP) — The Bank of England has apologized for the links some of its past governors had with slavery, as a global anti-racism movement sparked by the death of George Floyd forces many British institutions to …
India-China Himalayan standoff deadly for cashmere herds
SRINAGAR, India (AP) — Antagonisms between Indian and Chinese troops high in the Himalayas are taking a dire toll on traditional goat herds that supply the world’s finest, most expensive cashmere.
Wirecard CEO quits after auditors can't find $2.1 billion
FRANKFURT, Germany (AP) — The chief executive of German payment service provider Wirecard AG resigned on Friday after the company disclosed that auditors could not find 1.9 billion euros ($2.1 billion) in cash, add…
Major railroad expansion tearing up Flint Hills in Kansas
BELLE PLAINE, Kan. (AP) — More than a century after the arrival of the railroads to the Flint Hills of Kansas, a large-scale track expansion is tearing up a scenic stretch in some of the last remaining tallgrass pr…
Apple re-closes some stores, raising economic concerns
Apple's Friday decision to close stores in four states with surging coronavirus cases highlights a question that other businesses may soon face: Stay open or prepare for more shutdowns?
The Trump administration drops its insistence on secrecy for a $600 billion coronavirus aid program for small businesses
WASHINGTON (AP) — The Trump administration drops its insistence on secrecy for a $600 billion coronavirus aid program for small businesses.
Twitter flags Trump's tweet of doctored 'racist baby' video
Twitter has slapped another label on a tweet by President Donald Trump, this time warning that a video he shared was doctored and escalating the social media company's crackdown on one of its most widely followed u…
Cyprus to start random virus testing at its airports
NICOSIA, Cyprus (AP) — Random coronavirus tests will be carried out on a proportion of travelers arriving at Cyprus' airports as an added layer of protection against the virus’ spread, government officials said Fri…
Barber offers hope in Peruvian barrios devastated by virus
LIMA, Peru (AP) — Once a week, barber Josué Yacahuanca makes his way up the dusty hills of Peru's capital, heading into its poorest neighborhoods carrying a treasured golden briefcase that holds his life's passion …
Chesapeake, struggling to survive, skips $13.5M in payments
Chesapeake Energy, which has warned that it's unsure if it can survive much longer, failed to make $13.5 million in interest payments that came due this week, according to a federal filing.