Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Confluence Health names new Chief Medical Officer
WENATCHEE — Confluence Health has selected a new chief medical officer, according to an announcement from Confluen…
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…
JD.com racks up $38B in sales in annual online shopping fest
HONG KONG (AP) — JD.com's annual “618” online shopping extravaganza racked up a total of 269.2 billion yuan ($38 billion) worth of transactions, as consumers splurged during China's first major e-commerce sale sinc…
Britain scraps virus tracing app for Google-Apple system
LONDON (AP) — Britain scrapped plans to launch its own coronavirus contact tracing smartphone app because of technical problems and will now work on building one using technology supplied by Apple and Google, healt…
UK companies with historic slave ties fund minority programs
LONDON (AP) — Two of Britain’s largest companies have promised to financially support projects assisting minorities as Britain continues to reckon with its role in the slave trade.
China charges 2 Canadians with spying in Huawei-linked case
BEIJING (AP) — Chinese prosecutors charged two detained Canadians with spying Friday in an apparent bid to step up pressure on Canada to drop a U.S. extradition request for a Huawei executive under house arrest in …
NYT, WaPo launch new diversity efforts after staff protests
NEW YORK (AP) — The New York Times and The Washington Post both outlined new measures on Thursday aimed at improving diversity in their newsrooms and coverage.
$68 million tax breaks may go to put Tesla plant to Austin
AUSTIN, Texas (AP) — An Austin-area school district is considering offering more than $60 million in tax incentives to attract a proposed Tesla “gigafactory” to Central Texas, Tesla revealed Thursday.
Jeep SUVs recalled to fix problem that can cause power loss
DETROIT (AP) — Fiat Chrysler is recalling almost 95,000 Jeep Cherokees worldwide because a transmission problem can cause the small SUVs to lose power unexpectedly.