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…
Summer vacationers weigh testing, quarantine or staying home
PORTLAND, Maine (AP) — Homebound travelers desperate to venture out for the first time since the pandemic are confronting a vacation landscape this summer that may require coronavirus tests for the family and even …
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…
CEO of Germany's Wirecard quits after annual report delayed
BERLIN (AP) — The chief executive of German payment service provider Wirecard AG resigned on Friday, a day after the company announced that it was postponing its annual report again and its shares plummeted.
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…
BMW to drop 6,000 jobs through turnover, early retirement
FRANKFURT, Germany (AP) — Automaker BMW says it will drop 6,000 jobs through early retirements and turnover, as the auto industry adjusts to a sharp drop in demand due to the coronavirus outbreak.
Britain lowers virus alert, Germany sees spike in cases
BERLIN (AP) — Britain lowered its coronavirus threat level one notch Friday, becoming the latest country to claim it's getting a national outbreak under control.
Germany, France, UK press Iran to provide atomic site access
BERLIN (AP) — The board of the United Nations' atomic watchdog agency on Friday adopted a resolution calling for Iran to provide inspectors access to sites where the country is thought to have stored or used undecl…
Last batch of joint aid lands in Yemen amid UN funding cuts
The last of three large shipments of medical supplies landed in Yemen on Friday, organizers of the cargo flights said, following a joint initiative by the world organization and multinational corporations to boost …
China moves vast trade fair online, but few buyers follow
BEIJING (AP) — Standing in front of shelves laden with colorful backpacks, a saleswoman promoted bags on the Canton Trade Fair’s website without knowing whether anyone was watching as the world’s biggest sales even…
California orders people to wear masks in most indoor spaces
SACRAMENTO, Calif. (AP) — California on Thursday started requiring people throughout the state to wear masks in most indoor settings and outdoors when distancing isn't possible as the coronavirus continues to sprea…
US mortgage rates fall; 30-year at all-time low of 3.13%
WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week as the benchmark 30-year home loan reached a new all-time low.
PG&E fined $4 million in deaths of 84 people in 2018 fire
Pacific Gas & Electric on Thursday was fined $4 million for the deaths of 84 people killed in a nightmarish Northern California wildfire ignited by the its long-neglected electrical grid. The sentencing comes as th…
Cream of Wheat, Mrs. Butterworth confront race in packaging
Colgate, Cream of Wheat and Mrs. Butterworth are the latest brands reckoning with racially charged logos.
Pandemic gives businesses lessons in survival, innovation
NEW YORK (AP) — When the coronavirus outbreak forced Sean Giovanni to shut down his recording studio in for two months, he dropped off mobile equipment at staffers’ and artists’ homes. He hoped remote recording wou…
UK's recession 'less bad' than feared, Bank of England
LONDON (AP) — The Bank of England unveiled another big stimulus package for the U.K. economy as it tries to limit the scale of the coronavirus recession, which it now believes will be “less severe” than it feared l…