Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Fuel prices slightly elevated this week
MOSES LAKE — After weeks of steady increases, fuel prices across Washington and the nation largely held steady thi…
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.
Group of Seven leading economies calls on China to reconsider move to impose national security law in Hong Kong
BERLIN (AP) — Group of Seven leading economies calls on China to reconsider move to impose national security law in Hong Kong.
Poor People's Campaign eyes 'virtual march' in poverty fight
RIO RANCHO, N.M. (AP) — Clergy and religious leaders are preparing to hold a virtual march Saturday to highlight the plight of Americans struggling with poverty — people like Madelyn “Maddie” Brace and her boyfrien…
Chegg, Tempur Sealy rise; Oracle, CoreCivic fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
Philippine beer tycoon allied with late dictator dies
MANILA, Philippines (AP) — Philippine tycoon Eduardo “Danding” Cojuangco Jr., a key ally of the late dictator Ferdinand Marcos and a low-key businessman who led a food and beverage empire that produced San Miguel b…
France sentences Syrian leader's uncle for money laundering
PARIS (AP) — An uncle of Syrian President Bashar Assad was sentenced to four years in prison in France on Wednesday for illegally using Syrian state funds to build a French real estate empire.
Former Bumble Bee CEO gets jail in price fixing conspiracy
SAN FRANCISCO (AP) — A former CEO of Bumble Bee Foods has been sentenced to more than three years in jail for his role in a canned tuna price-fixing conspiracy involving three major companies, the U.S. Justice Depa…
How major US stock indexes fared Wednesday
Stocks closed mostly lower on Wall Street Wednesday, ending a three-day winning streak for the market after another day of wobbly trading.
Ukraine receives $60M worth of military equipment from US
KYIV, Ukraine (AP) — More than $60 million worth of weapons and other equipment is going to Ukraine as part of the U.S. security aid program with the country, the U.S. Embassy in Kyiv said Wednesday.
Panama canal sees 21% drop in crossings amid pandemic
PANAMA CITY (AP) — The Panama Canal reported a 21% drop in the number of ships crossing the waterway in May amid the coronavirus pandemic, compared to projections for traffic.
Civil rights groups call for 'pause' on Facebook ads
Several civil rights and other advocacy groups are calling on large advertisers to stop Facebook ad campaigns during July because they say the social network isn't doing enough to curtail racist and violent content…
US virus outbreaks stir clash over masks, personal freedom
PHOENIX (AP) — When the coronavirus flared in China's capital this week, Beijing canceled flights, suspended reopenings and described the situation as “extremely grave.” But with cases rising in some U.S. states, l…
Feds fine Panama's Copa for flights between US, Venezuela
WASHINGTON (AP) — The Transportation Department said Wednesday that it fined Panama-based Copa Airlines $450,000 for operating flights between the United States and Venezuela after the Trump administration banned s…
US warns 3 companies over illegal at-home COVID-19 tests
WASHINGTON (AP) — U.S. health regulators are cracking down on three companies for selling at-home blood tests for coronavirus, warning that the products have not been shown to safely and accurately screen for COVID…
Black Lives Matter network establishes $12M grant fund
NEW YORK (AP) — The Black Lives Matter Global Network Foundation has established a fund worth more than $12 million to aid organizations fighting institutional racism, in the wake of the George Floyd protests.