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…
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…
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…
$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.
The Latest: UN seeks urgent funding for virus aid transport
UNITED NATIONS — The United Nations’ food agency says ít needs immediate funding to prevent a shutdown in late July of the global transport system that has been delivering tons of masks, gloves and other critical e…
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.
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.
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…
Wall Street holds in neutral after wobbly day; yields fall
NEW YORK (AP) — Wall Street held at a near standstill on Thursday, with indexes split as caution about rising coronavirus infections in hotspots around the world washed over hopes for a coming economic recovery.
Spotify, ABM rise; Hertz, Designer Brands fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
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 …
The Latest: California order to require people to wear masks
SACRAMENTO, Calif. — California will require people to wear masks in most indoor settings and outdoors when distancing isn’t possible under a statewide order issued Thursday.
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…
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…
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…
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.