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 …
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.
Firearms sales on the rise, more travel bans eased
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the …
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…
Google loses appeal against $56 million fine in France
PARIS (AP) — France's highest administrative court has upheld a fine of 50 million euros ($56 million) Google was ordered to pay for not being “sufficiently clear and transparent” with Android users about their dat…
Juneteenth at slave cemetery on $9.4B construction site
NEW ORLEANS (AP) — Community and environmental groups have won court approval for a Juneteenth ceremony at a Louisiana site archaeologists have described as probably
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.
Turkey says will work with Italy for Libya peace, slams EU
ANKARA, Turkey (AP) — Turkey and Italy will continue to work for a lasting peace and political solution in Libya, Turkey’s foreign minister said Friday, while slamming the European Union’s naval operation in the Me…
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…
EU leaders face challenges to move quickly on recovery deal
BRUSSELS (AP) — European Union leaders found that a quick deal on the bloc’s future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages…
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 …
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…
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…