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 …
Report: Russia-linked disinformation operation still active
A Kremlin-linked social media disinformation operation that sought to interfere with the 2016 U.S. election has continued its work to divide and discredit Western democracies, a new report finds — but its effective…
Casinos, airlines, seek return to normality
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the…
Powell warns that long downturn would mean severe damage
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell warned Tuesday that the U.S. economy faces a deep downturn with “significant uncertainty” about the timing and strength of a recovery. He cautioned that the …
Thailand to spend $707 million to boost domestic tourism
BANGKOK (AP) — Thailand’s Cabinet on Tuesday approved three projects with a combined budget of more than 22 billion baht ($707 million) to help the country’s reeling tourism industry recover from the coronavirus cr…
US industrial production bounces back 1.4% in May
WASHINGTON (AP) — American industry rebounded last month as factories began to reopen for the first time since being shut down by the coronavirus in Aprll.
Coronavirus tracing app a test for privacy-minded Germany
BERLIN (AP) — Germany launched a
US industrial production rebounds 1.4% in May on partial recovery from virus lockdown; manufacturing up 3.8%
WASHINGTON (AP) — US industrial production rebounds 1.4% in May on partial recovery from virus lockdown; manufacturing up 3.8%.
US retail sales up a record 17.7% in a partial rebound
BALTIMORE (AP) — U.S. retail sales jumped by a record 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy and paralyzed consumers during…
US retail sales jumped 17.7% in May, partially recovering after plunge in March and April when economy froze up
BALTIMORE (AP) — US retail sales jumped 17.7% in May, partially recovering after plunge in March and April when economy froze up.
Stranded seafarers could stop work, disrupting world trade
ATHENS, Greece (AP) — Merchant ship crew members stranded at sea for months due to coronavirus-related travel restrictions could now start refusing to further extend their contracts and stop working, potentially di…
McDonald's worldwide sales improve as stores reopen globally
McDonald’s sales are gradually improving as more of its restaurants reopen worldwide.
UK unemployment expected to hit levels last seen in 1980s
LONDON (AP) — Unemployment in the U.K. is widely expected to hit levels not seen since the mid-1980s over the coming months as a result of the coronavirus-induced recession.
US retail sales likely recovered partly from record plunge
BALTIMORE (AP) — U.S. retail sales likely recovered somewhat last month as the economy increasingly reopened from shutdowns caused by the coronavirus and more shoppers felt confident enough to spend.
EU authorities open two Apple antitrust investigations
LONDON (AP) — European Union regulators began two antitrust investigations on Tuesday into Apple's mobile app store and payment platform over concerns its practices distort competition, opening a new front in the E…
Internships get canceled or go virtual because of pandemic
LONDON (AP) — Yadeen Rashid was flying high in February. He’d just earned stellar grades in his latest semester at Virginia Tech university, where he’s in his third year double majoring in economics and political s…