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…
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.
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.
Kyrgyzstan's parliament votes to appoint new prime minister
MOSCOW (AP) — Kyrgyzstan’s parliament voted to appoint a new prime minister Wednesday, two days after his predecessor resigned amid a scandal over whether the government illegally sold radio frequencies.
New Beijing outbreak raises virus fears for rest of world
BEIJING (AP) — China raised its emergency warning to its second-highest level and canceled more than 60% of the flights to Beijing on Wednesday amid a new coronavirus outbreak in the capital. It was a sharp pullbac…
Netflix CEO to donate $120M to historically black colleges
Netflix CEO Reed Hastings and his wife, Patty Quillin, are donating $120 million toward student scholarships at historically black colleges and universities.
More stimulus expected as UK inflation drops to 4-year low
LONDON (AP) — Inflation in the U.K. fell to its lowest level in four years in May following a big coronavirus-related drop in prices at the pump, official figures showed Wednesday in a development that's bolstered …
Swedish lawmakers honor virus victims; citizens denied entry
STOCKHOLM (AP) — Flags flew at half-staff in front of Sweden’s parliament as lawmakers inside held a memorial service Wednesday for the more than 5,000 people with COVID-19 who have died in a country that declined …
US home construction rebounds 4.3% in May
WASHINGTON (AP) — US home construction rebounded 4.3% in May after steep declines caused by shutdowns due to the coronavirus.
Syria devalues currency amid chaos ahead of new US sanctions
DAMASCUS, Syria (AP) — Syria devalued its currency by 44% on Wednesday, announcing a new official exchange rate for the pound amid chaos in the market, hours before new U.S. sanctions aimed at cutting off revenue f…
Light plane crashes in Ukraine city where model made; 1 dead
KYIV, Ukraine (AP) — A light airplane crash-landed Wednesday in Ukraine's southern city of Odesa, killing one person and injuring another one, local police said in a statement.
Ex-Audi manager sought by US in diesel case held in Croatia
ZAGREB, Croatia (AP) — A former Audi engineering manager sought by the United States in a diesel emissions cheating scandal has been arrested in Croatia, the country's Interior Ministry said Wednesday.
German Cabinet OKs plan to borrow more to finance stimulus
BERLIN (AP) — Germany’s Cabinet on Wednesday approved plans to borrow another 62.5 billion euros ($70.6 billion) to help finance a stimulus package, bringing the new debt the country is running up to combat the cor…
US expects insurers to cover COVID vaccine without copays
WASHINGTON (AP) — U.S. officials said Tuesday they expect health insurance companies will cover vaccines for COVID-19 without charging copays, once those vaccines are developed and become available.
Down Under sets aside historic acrimony in UK trade talks
WELLINGTON, New Zealand (AP) — Both Australia and New Zealand announced Wednesday they are starting free-trade talks with the United Kingdom, as each country seeks to rekindle a trading relationship that was severe…
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