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 …
Aunt Jemima brand retired by Quaker due to racial stereotype
NEW YORK (AP) — America’s painful struggles over racism have finally caught up with Aunt Jemima, that ubiquitous fixture served up at breakfast tables for 131 years.
Trump sanctions targeting Venezuela's Maduro lead to Mexico
CARACAS, Venezuela (AP) — The Trump administration increased pressure on Venezuelan President Nicolás Maduro Thursday, targeting a lifeline he's used for selling crude oil run by a close associate of the socialist …
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No agreement in sight as EU leaders meet for big money talks
BRUSSELS (AP) — With much discord still among European Union leaders, a video summit this week seems to have no hope of finding a compromise on a multibillion-euro post-coronavirus recovery plan or on the long-term…
Test maker targeted by FDA says it responded to US concerns
WASHINGTON (AP) — A company targeted by the Food and Drug Administration for selling unauthorized coronavirus antibody tests says it has responded to regulators' concerns, though it has no business operations in th…
How major US stock indexes fared Thursday
U.S. stock indexes closed mostly higher Thursday as caution about rising coronavirus infections in hotspots around the world put a damper on hopes for a coming economic recovery.
India-China Himalayan standoff deadly for cashmere herds
SRINAGAR, India (AP) — Antagonisms between Indian and Chinese troops high in the Himalayas are taking a dire toll on traditional goat herds that supply the world’s finest, most expensive cashmere.
Official: German slaughterhouse virus outbreak untenable
BERLIN (AP) — Germany's agriculture minister said Thursday that conditions at a slaughterhouse where hundreds of workers tested positive for COVID-19 were untenable and backed an official investigation into the out…
Russia lifts ineffective ban on Telegram messaging app
MOSCOW (AP) — Russia's communications watchdog said Thursday it would lift a ban on the popular messaging app Telegram after two years of unsuccessful attempts to block it.
Tokyo gov seeks 2nd term, says Japan unprepared for pandemic
TOKYO (AP) — Japan may have contained its coronavirus outbreaks for now but the country needs better crisis management and a digital transformation to prepare for future shocks, Tokyo Gov. Yuriko Koike said.
Asian stocks mixed amid concern over coronavirus hotspots
BEIJING (AP) — Asian stock markets were mixed Friday after Wall Street closed little-changed amid as optimism about a possible global economic recovery was tempered by concern over rising coronavirus infections.
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…