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…
Ford recalls about 2.5M vehicles for latch, brake troubles
DETROIT (AP) — Ford is recalling about 2.5 million vehicles in the U.S., Canada and elsewhere because of a nagging door latch problem and a brake fluid leak.
Mnuchin says businesses will need more help
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin on Wednesday said he believes the U.S. economy will need more help to pull out of the recession, but added that the next round of support should be more targeted …
Trump administration cuts oil, gas fees in hundreds of cases
BILLINGS, Mont. (AP) — The Trump administration has awarded energy companies hundreds of breaks on payments for oil and gas extraction from U.S. lands and the Gulf of Mexico during the coronavirus pandemic, accordi…
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…
US consumer prices slide 0.1% in May, third straight drop, as virus sends economy into recession
WASHINGTON (AP) — US consumer prices slide 0.1% in May, third straight drop, as virus sends economy into recession.
Ford, VW to collaborate on vans, pickup, electric vehicle
DEARBORN, Mich. (AP) — Ford and Volkswagen will each offer a small city van, a larger cargo van, a small pickup truck and an electric vehicle as part of their global alliance announced last year.
Hawaii extends 14-day quarantine for all incoming travelers
HONOLULU (AP) — Hawaii Gov. David Ige extended the state's mandatory 14-day quarantine for all arriving travelers on Wednesday in a bid to keep coronavirus cases in the islands low.
UAW to sell lake home built for ex-president under scrutiny
DETROIT (AP) — The United Auto Workers said it has accepted an offer on a lakefront house in northern Michigan, three months after federal prosecutors warned that it could be confiscated as part of a corruption inv…
Malls part of a $3.6B sale that fell apart due to pandemic
Following is a list of malls that were part of a $3.6 billion deal between The Simon Property Group and Taubman Realty. That deal has fallen apart as the coronavirus pandemic rattles the retail sector, particularly…
Worries mount of inequality increase from UK school closures
LONDON (AP) — Six months away from the classroom, at least. That’s the prospect facing most children in the U.K., an absence that is likely to cause harm to their futures - particularly if they come from poorer hou…
EU wants tech giants to do more to counter virus fake news
BRUSSELS (AP) — A senior European Union official warned online platforms like Google and Facebook on Wednesday to step up the fight against fake news coming notably from countries like China and Russia, but she pra…
Ruling: LA officer used unreasonable force in Costco killing
LOS ANGELES (AP) — An off-duty Los Angeles police officer violated departmental policy last year when he shot and killed a mentally ill man who had attacked him and his young son from behind in a Southern Californi…
Simon Property, Starbucks fall; Five Below, AMC rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
Feds seek $225M fine for pair who made a billion robocalls
The U.S. communications regulator on Tuesday proposed a $225 million fine, its largest ever, against two health insurance telemarketers for spamming people with 1 billion robocalls using fake phone numbers.
PG&E overhauls its board again as part of bankruptcy promise
SAN RAMON, Calif. (AP) — Pacific Gas and Electric on Wednesday announced the latest overhaul of its board of directors in another step toward the nation's largest utility ending its bankruptcy.