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 …
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…
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 …