Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Confluence Health names new Chief Medical Officer
WENATCHEE — Confluence Health has selected a new chief medical officer, according to an announcement from Confluen…
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:
Dow loses 1,800, almost 7%, as an increase in coronavirus cases punctures optimism that the economy can recover quickly
NEW YORK (AP) — Dow loses 1,800, almost 7%, as an increase in coronavirus cases punctures optimism that the economy can recover quickly.
Dow sinks 1,800 as virus cases rise, deflating optimism
Stocks fell sharply Thursday on Wall Street as coronavirus cases in the U.S.
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…
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.
Microsoft joins Amazon, IBM in pausing face scans for police
Microsoft has become the third big tech company this week to say it won’t sell its facial recognition software to police, following
Meatpacking rebounds but high prices and backlogs to persist
OMAHA, Neb. (AP) — Meat production has rebounded from its low point during the coronavirus pandemic when dozens of plants were closed, but experts say consumer prices are likely to remain high and it will take mont…
Court: Michigan Great Lakes tunnel deal constitutional
TRAVERSE CITY, Mich. (AP) — The Michigan Court of Appeals ruled Thursday that legislators did not violate the state constitution by allowing construction of an oil pipeline tunnel beneath a channel linking two of t…