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…
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…
Don't fall for COVID-19 student loan relief scams
Student loan borrowers were targets for scams before the coronavirus pandemic hit. The longer people struggle, the more desperate they become, and that’s when scammers and fraudsters thrive.
The Latest: Virus infections surge in US hot spot of Arizona
PHOENIX — Arizona hospitals are treating a record number of coronavirus patients amid a surge of new cases that has made the state a U.S. virus hotspot.
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…
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…
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…
Germany: 657 virus cases at slaughterhouse in new outbreak
BERLIN (AP) — Regional officials in western Germany said Wednesday that the number of new COVID-19 cases linked to a large meatpacking plant has risen to 657, a significant regional spike for a country that has rec…
Small plane crashes in southern Ukraine; 1 killed
KYIV, Ukraine (AP) — A small plane crash-landed Wednesday in the southern Ukrainian city of Odesa, killing one person and injuring another one, local police said in a statement.
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…
Russia starts clinical trials of COVID-19 vaccine
MOSCOW (AP) — Clinical trials of a Russian coronavirus vaccine have started Wednesday, the Health Ministry said in a statement.
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.
EU opens probe into proposed Fiat Chrysler, Peugeot deal
BRUSSELS (AP) — The European Union is opening an in-depth investigation into the proposed merger of Fiat Chrysler and Peugeot that would create the world’s fourth-largest automaker.
Target permanently raises starting hourly pay to $15
NEW YORK (AP) — Target Corp. says it's permanently increasing starting hourly wages for its workers to $15 beginning July 5, several months ahead of schedule.
Wall Street flip flops, global markets pause after big gains
NEW YORK (AP) — Wall Street is flipping between small gains and losses Wednesday, as markets around the world take a pause following their big rally a day before.
Job losses continue, suburbs appealing to homebuyers
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and the spread of t…