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 …
Belarusian authorities raid Russia-owned bank
MINSK, Belarus (AP) — Belarusian authorities on Monday took control of a Russia-owned commercial bank that was led by a man who is now running to challenge Belarus' authoritarian leader.
Norway ends virus tracing app over privacy concerns
OSLO, Norway (AP) — Norway has suspended use of its smartphone app meant to track and trace coronavirus contagions after a public spat between health authorities and the information watchdog.
EU, UK leaders agree 'new momentum' needed in Brexit talks
BRUSSELS (AP) — A video conference between the EU's top officials and British Prime minister Boris Johnson focusing on post-Brexit relations produced only a declaration of good will, with both parties acknowledging…
Justices revive permit for pipeline under Appalachian Trail
WASHINGTON (AP) — The Supreme Court on Monday paved the way for a critical permit for a proposed natural gas pipeline that would cross under the Appalachian Trail, siding with energy companies and the Trump adminis…
Thai restaurants on thin ice despite return of alcohol sales
BANGKOK (AP) — Thailand's battered restaurant sector had two reasons to celebrate Monday as the country further eased its coronavirus restrictions. Bangkok’s many eateries, which reopened in May after being shut do…
Auto workers chief, prosecutor to discuss reforming union
DETROIT (AP) — The head of the United Auto Workers will meet this month with the U.S. attorney in Detroit to discuss potential changes for the union following a wide-ranging corruption probe.
Germany to take stake in company working on virus vaccine
BERLIN (AP) — The German government said Monday it is taking a 23% stake in CureVac, a German company working on a potential vaccine for the coronavirus, underlining its determination to keep key industries in the …
Cape Verde may send suspect to US without extradition treaty
LISBON, Portugal (AP) — A Colombian businessman linked to the Venezuelan government who is wanted in the United States could be extradited from the Cape Verde islands even though Washington and the West African cou…
'We've missed it': Long lines form outside shops in England
LONDON (AP) — For many in England, it's been a day of much-needed retail therapy.
Nissan banks on new Rogue small SUV to begin US comeback
DETROIT (AP) — There’s a lot riding on the Nissan Rogue, the struggling Japanese automaker’s top-selling vehicle in the hottest part of its second-biggest market, the United States.
BP takes $17.5B hit as pandemic accelerates emissions cuts
LONDON (AP) — BP says it will cut the value of its oil and gas assets by as much as $17.5 billion and review plans for some oil wells as the COVID-19 pandemic reduces demand for oil and gas and forces major energy …
When Parents Are the Emergency Fund
Financial fallout from the pandemic is hitting millennials hard — and many will soon turn to their parents for help, if they haven’t already.
Grim blame game over virus deaths in besieged nursing homes
WASHINGTON (AP) — A grim blame game with partisan overtones is breaking out over COVID-19 deaths among nursing home residents, a tiny slice of the population that represents a shockingly high proportion of American…
UN atomic watchdog head calls for more access in Iran
BERLIN (AP) — The head of the United Nations’ atomic watchdog agency said Monday that Iran must provide inspectors access to sites where the country is thought to have stored or used undeclared nuclear material.
Reports: Chinese billionaire held hostage, rescued by police
BEIJING (AP) — The billionaire founder of the world’s biggest appliance manufacturer, Midea Group, was held hostage by intruders in his home in southern China but was rescued by police, news reports said Monday.