Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Fuel prices slightly elevated this week
MOSES LAKE — After weeks of steady increases, fuel prices across Washington and the nation largely held steady thi…
Board submits Puerto Rico budget as some question its powers
SAN JUAN, Puerto Rico (AP) — A federal control board that oversees Puerto Rico’s finances submitted a proposed $10 billion budget on Thursday as federal legislators debate whether to curtail the board’s power over …
Egypt to reopen tourist destinations less hard-hit by virus
CAIRO (AP) — Egypt will reopen select tourist destinations to international charter flights starting July 1, the Cabinet said Thursday, allowing travelers from around the world to return to parts of the country les…
Some stores end practice of locking up black beauty products
NEW YORK (AP) — Drugstore chains Walgreens and CVS Health say they will stop locking up beauty and hair care products aimed at black women and other women of color, joining Walmart in ending a practice at some stor…
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.
Asia Today: Tracing harder in S. Korea, Indian cases spike
SEOUL, South Korea (AP) — South Korea has reported 45 new cases of COVID-19, all but two of them in the greater capital area, continuing a weekslong resurgence that health authorities fear will develop into a massi…
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.
Reata Pharma, PennyMac rise; Oxford, Spirit AeroSystems fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
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…
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.
Study warns of poverty surge to over 1 billion due to virus
LONDON (AP) — Global poverty is set to rise above 1 billion people once again as a result of the coronavirus pandemic, which is reducing the income of the world's poorest by $500 million a day, according to new res…
Ducey touts hospitals amid focus on rise in virus cases
PHOENIX (AP) — Arizona Gov. Doug Ducey dismissed mounting concerns Thursday about the state's alarming rise in coronavirus cases, and focused on hospitals' capacity to care for patients rather than slowing the spre…
Some stores end practice of locking up black beauty products
NEW YORK (AP) — Drugstore chains Walgreens and CVS Health say they will stop locking up beauty and hair care products aimed at black women and other women of color, joining Walmart in ending a practice at some stor…
Board submits Puerto Rico budget as some question its powers
SAN JUAN, Puerto Rico (AP) — A federal control board that oversees Puerto Rico’s finances submitted a proposed $10 billion budget on Thursday as federal legislators debate whether to curtail the board’s power over …
How major US stock indexes fared Thursday
Stocks closed with broad losses on Wall Street Thursday as coronavirus cases in the U.S. increased again, deflating recent optimism that the economy could recover quickly from its worst crisis in decades.
Reata Pharma, PennyMac rise; Oxford, Spirit AeroSystems fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: