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 …
The Latest: S Korea has 56 new COVID cases amid resurgence
SEOUL, South Korea — South Korea is reporting 56 new cases of COVID-19 as the country continues to see a resurgence of the virus concentrated in the capital area.
Range Resources pleads no contest to environmental crimes
Range Resources Corp., Pennsylvania’s most active shale gas driller, has pleaded no contest to environmental crimes over its handling of contamination at a pair of well sites, the state attorney general’s office an…
Treasury chief refusing to disclose recipients of virus aid
WASHINGTON (AP) — Building ramparts of secrecy around a $600 billion-plus coronavirus aid program for small businesses, Treasury Secretary Steven Mnuchin has moved from delay to denial in refusing outright to discl…
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.
American Airlines, Perspecta rise; PVH, Lululemon fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
US stocks bounce higher, but still end the week with a loss
Wall Street managed to end a bumpy day broadly higher Friday but still finished with its worst week in nearly three months.
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.
Range Resources pleads no contest to environmental crimes
Range Resources Corp., Pennsylvania’s most active shale gas driller, has pleaded no contest to environmental crimes over its handling of contamination at a pair of well sites, the state attorney general’s office an…
Lebanese fear currency will further tumble despite promises
BEIRUT (AP) — For months, Kamal Nasser, a successful plumbing contractor in Lebanon, has seen his business base erode.
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…
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.
Bulgaria steps in to help bank as it eyes eurozone accession
SOFIA, Bulgaria (AP) — Bulgaria’s government is stepping in to guarantee 70% of the capital increase of a private bank, a move meant to facilitate the country's accession to the EU banking union and to start the tw…
Federal Reserve tells Congress it will use 'full range of tools' to combat global pandemic
WASHINGTON (AP) — Federal Reserve tells Congress it will use 'full range of tools' to combat global pandemic.
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 …
Homelessness deepens in Los Angeles County, jumps 13%
LOS ANGELES (AP) — The number of homeless people counted across Los Angeles County jumped 12.7% over the past year to more than 66,400 and authorities fear that figure will spike again once the full impact of the c…