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 …
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.
Facebook says it's promoting accurate info on vote-by-mail
WASHINGTON (AP) — Facebook said Thursday that it is working to help Americans vote by mail, including by notifying users about how to request ballots and whether the date of their state's election has changed.
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…
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…
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.
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.
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…
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…
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.
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…
'Adapt or die' -- Restaurants find ways to evolve amid virus
NEW YORK (AP) — When the coronavirus roared into New York, chef Anna Klinger wouldn't let it put a fork in her restaurant.
UK's recession 'less bad' than thought, Bank of England
LONDON (AP) — The Bank of England unveiled another big stimulus for the U.K. economy as it tries to limit the scale of the coronavirus recession, which it now thinks will be “less severe” than it thought last month.
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…