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 …
US economist: Europe must 'completely suppress' virus
NICOSIA, Cyprus (AP) — There can be no real economic recovery in Europe unless governments “completely suppress” the coronavirus, a prominent U.S. economist said on Friday.
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:
Adviser: China will honor trade deal, wants better US ties
BEIJING (AP) — Beijing will honor its trade deal with the U.S. and wants to see better ties with Washington, senior Chinese officials said Thursday.
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.
Airbnb, NYC agree to end their fight over host data-sharing
NEW YORK (AP) — Airbnb and New York City will settle their fight over a law that sought to limit housing rental increases by requiring short-term rental platforms to share information about their listings, the two …
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Mexico labor lawyer to be held pending trial on riot charges
MEXICO CITY (AP) — A judge has ordered a labor lawyer jailed pending trial on charges that prosecutors say stem from a protest this year and not from her leadership of strikes last year that won higher pay for work…
Resurgence of virus threatens South Korea's success story
SEOUL, South Korea (AP) — Just weeks ago, South Korea was celebrating its hard-won gains against the coronavirus, easing social distancing, reopening schools and promoting a tech-driven anti-virus campaign Presiden…
Asia shares drop after Wall Street rout as virus cases rise
Asian shares were moderately lower Friday after an overnight rout on Wall Street as investors were spooked by reports of rising coronavirus cases in the U.S.
Japan court backs Karpeles conviction for data manipulation
TOKYO (AP) — A Japanese high court on Thursday upheld a lower court’s decision that the French head of Mt. Gox, a Tokyo-based bitcoin exchange that went bankrupt after a massive hacking attack, was guilty of manipu…
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…