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 …
UK regulators investigate Facebook's purchase of Giphy
LONDON (AP) — British regulators have opened an investigation into Facebook's recent purchase of Giphy over concerns that it will stifle competition.
Aid groups 'alarmed' by little US coronavirus assistance
JOHANNESBURG (AP) — More than two dozen international aid groups have told the U.S. government they are “increasingly alarmed” that “little to no U.S. humanitarian assistance has reached those on the front lines” o…
American Airlines, Perspecta rise; PVH, Lululemon fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
Retail sales look to recover; nations eye economic concerns
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the …
Web inventor: Closing digital divide must be top priority
UNITED NATIONS (AP) — World Wide Web inventor Tim Berners-Lee said Thursday the COVID-19 pandemic demonstrates “the gross inequality” of a world where almost half the population is unable to connect to the internet…
Starbucks creates own Black Lives Matter shirt for employees
Starbucks is creating its own Black Lives Matter shirt for employees to wear if they choose. The move comes after the coffee chain reportedly banned employees from wearing Black Lives Matter gear.
China reports 57 new cases, highest daily number in 2 months
BEIJING (AP) — China on Sunday reported its highest daily total of new coronavirus cases in two months after the capital's biggest wholesale food market was shut down following a resurgence in local infections.
Beijing closes market, locks down area in new virus outbreak
BEIJING (AP) — The largest wholesale food market in Beijing was shuttered behind police guard and the surrounding neighborhood locked down Saturday after more than 50 people tested positive for the coronavirus in t…
Business Highlights
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Pop open a bottle, California wine tasting rooms reopening
SAN DIEGO (AP) — California wineries started uncorking their bottles and welcoming people back to their tasting rooms Friday as the state's $145 billion tourism industry gears up with hotels, zoos, museums and aqua…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for July delivery fell 8 cents to settle at $36.26 a barrel Friday. Brent crude oil for August delivery rose 18 cents to $38.73 a barrel.
Virus deepens Argentina's economic crisis as poverty soars
BUENOS AIRES, Argentina (AP) — As they wait out quarantine in a cramped, windowless room, Natividad Benítez brings her six children all of their meals from the soup kitchen where she earns $133 a month, barely enou…
Lebanese take to the streets as currency hits a new low
BEIRUT (AP) — Hundreds of Lebanese poured into the streets to protest the tumbling of the national currency to a new low against the dollar Thursday, blocking roads and highways in several places across the small c…
How major US stock indexes fared Friday
Stocks ended another bumpy day on Wall Street with solid gains Friday, but the market still finished with its worst week in nearly three months.
Fed says 'full range of tools' in play to counter pandemic
WASHINGTON (AP) — The Federal Reserve is promising to use its “full range of tools” to pull the country out of a recession brought on by a global pandemic, signaling that it would keep interest rates low through 20…