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…
Spotify, ABM rise; Hertz, Designer Brands fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
Persistently high layoffs suggest a slow US economic rebound
WASHINGTON (AP) — Three months after the viral outbreak shut down businesses across the country, U.S. employers are still shedding jobs at a heavy rate, a trend that points to a slow and prolonged recovery from the…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for July delivery rose 91 cents to settle at $39.75 a barrel Friday. Brent crude oil for August delivery rose 68 cents to $42.19 a barrel.
Top challenger in Belarusian presidential race detained
Belarusian authorities on Thursday detained the former head of a Russia-owned commercial bank who has emerged as the top challenger to Belarus’ authoritarian leader in the August election, a move that drew thousand…
American Airlines bans man who refused to wear face mask
DALLAS (AP) — American Airlines has banned a man who was kicked off a plane for refusing to wear a face covering, among the first such incidents since airlines promised this week to step up enforcement of their mas…
North Macedonia: Former top prosecutor jailed for corruption
SKOPJE, North Macedonia (AP) — A court in Northern Macedonia has jailed a former top anti-corruption prosecutor for seven years after she was found guilty of accepting bribes and luxury gifts as part of an extortio…
Facebook removes Trump ads with symbols once used by Nazis
WASHINGTON (AP) — Facebook has removed campaign ads by President Donald Trump and Vice President Mike Pence that featured an upside-down red triangle, a symbol once used by Nazis to designate political prisoners, c…
European countries slam US withdrawal from tech tax talks
PARIS (AP) — European countries are slamming the Trump administration's withdrawal from negotiations over a major tax on big tech companies.
Hertz board scraps planned $500M stock sale amid SEC review
Hertz has scrapped a plan to sell $500 million worth of stock, a move coming a day after the car rental company in the throes of bankruptcy reorganization disclosed that federal regulators were reviewing the propos…
European Central Bank hands out 1.3 trillion euros in loans
FRANKFURT, Germany (AP) — The European Central Bank has handed out 1.31 trillion euros ($1.46 trillion) in long-term, ultra-cheap credit to hundreds of banks as part of its emergency support aimed at cushioning the…
Hong Kong Disneyland reopens, consumers using less cash
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of th…
Asia Today: South Korean cases rise, Singapore reopening
SEOUL, South Korea (AP) — South Korea has reported 49 cases of COVID-19 as the virus continues to spread in the densely populated capital area where half of the country’s 51 million people live.
Turkey makes masks mandatory in Istanbul, 46 other provinces
ISTANBUL (AP) — Turkish authorities have made the wearing of masks mandatory in three major cities to curb the spread of COVID-19 following an uptick in confirmed cases since the reopening of many businesses.
China charges 2 detained Canadians with spying in cases linked to Canada's arrest of Huawei executive on US charges
BEIJING (AP) — China charges 2 detained Canadians with spying in cases linked to Canada's arrest of Huawei executive on US charges.
Nursing homes represent more than 1 in 4 COVID-19 deaths
WASHINGTON (AP) — Nursing home residents account for nearly 1 in 10 of all the coronavirus cases in the United States and more than a quarter of the deaths, according to an Associated Press analysis of government d…