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 …
Dow sinks more than 1,500 as virus cases rise again, deflating recent optimism that the economy would recover quickly
NEW YORK (AP) — Dow sinks more than 1,500 as virus cases rise again, deflating recent optimism that the economy would recover quickly.
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…
Mexico industrial activity plunges in April amid pandemic
MEXICO CITY (AP) — Mexico’s industrial activity plunged by nearly 30% in April compared to a year earlier as the economy ground to a halt under measures aimed at slowing the spread of the novel coronavirus.
Amusement parks opening, with temperature checks at the gate
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of th…
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.
Airlines aim for takeoff as lockdowns ease and demand rises
The skies are clearing up a bit for airlines as states ease lockdown measures and travelers slowly return to airport check-in lines.
US wholesale prices rise 0.4% in May led by food and energy
WASHINGTON (AP) — U.S. wholesale prices rose 0.4% in May, led by a gains in the cost of food and energy.
Tyson cooperating with feds in price-fixing investigation
Tyson Foods shares fell Thursday after the company said it is cooperating with a federal investigation into price-fixing in the chicken industry.
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…
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.
Final tests of some COVID-19 vaccines to start next month
The first experimental COVID-19 vaccine in the U.S. is on track to begin a huge study next month to prove if it really can fend off the coronavirus, while hard-hit Brazil is testing a different shot from China.
Lufthansa warns 22,000 jobs at risk despite bailout
BERLIN (AP) — German airline Lufthansa says 22,000 full-time jobs may need to be cut worldwide due to the drop in demand for flights caused by the coronavirus pandemic.
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…
US wholesale prices edge up 0.4% in May led by gains in both food and energy
WASHINGTON (AP) — US wholesale prices edge up 0.4% in May led by gains in both food and energy.