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 …
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…
The Latest: Coronavirus still spreading in 2nd S Korea wave
SEOUL, South Korea — The coronavirus continues to spread in South Korea, particularly in the densely populated Seoul metropolitan region, which is home to half the country’s 51 million people.
With US summit planned, Russia prefers EU-Kosovo mediation
BELGRADE, Serbia (AP) — Russia's foreign minister said Thursday that Moscow will need to approve any solution reached in peace talks between Kosovo and Serbia that have gained momentum after U.S. President Donald T…
Poor People's Campaign eyes 'virtual march' in poverty fight
RIO RANCHO, N.M. (AP) — Clergy and religious leaders are preparing to hold a virtual march Saturday to highlight the plight of Americans struggling with poverty — people like Madelyn “Maddie” Brace and her boyfrien…
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…