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 …
JD.com stock closes 3.5% higher in Hong Kong trading debut
HONG KONG (AP) — Chinese e-commerce firm JD.com’s shares gained 3.5% in its debut in Hong Kong on Thursday, after the firm raised $3.9 billion in a share sale.
World shares slip as global rally looses steam
BANGKOK (AP) — World shares were mostly lower and U.S. futures slipped Thursday as worries over fresh outbreaks of coronavirus infections in the U.S. and elsewhere gnawed at hopes for a fast recovery from pandemic …
China's new outbreak wanes as US calls for answers on virus
BEIJING (AP) — A new coronavirus outbreak in Beijing saw a decline in daily cases Thursday while the United States increased pressure on China's leaders to reveal what they know about the pandemic.
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Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for July delivery rose 88 cents to settle at $38.84 a barrel Thursday. Brent crude oil for August delivery rose 80 cents to $41.51 a barrel.
Asia Today: Beijing's daily cases drop, India's rise sharply
BEIJING (AP) — China’s capital reported a decline in newly confirmed cases of coronavirus Thursday, with a public health expert saying a recent outbreak in the city was under control and the number of new cases sho…
Powell: A stronger job market is key to combating inequality
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell stressed Wednesday that the federal government's role in strengthening the U.S. market in the face of a recession is vital in preventing a worsening of econo…
Court strikes down Trump rule that drugmakers disclose price
WASHINGTON (AP) — In a major legal setback for President Donald Trump on a high-profile consumer issue, a federal appeals court has ruled that his administration lacks the legal authority to force drug companies to…
Administration seeking rollbacks on tech company protections
WASHINGTON (AP) — The Justice Department is proposing that Congress roll back legal protections for online platforms such as Facebook, Google and Twitter that generally could not be held legally responsible for wha…
US seeks lower tariffs overseas, fewer duty-free imports
WASHINGTON (AP) — The Trump administration plans to carry on with its confrontational approach to world trade, pressuring other countries to lower their tariffs on U.S. products and perhaps making it harder for imp…
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.
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: