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…
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…
Backlash over George Floyd tweet forces out CrossFit founder
The founder and CEO of CrossFit is stepping down after his tweet about George Floyd sparked a social media backlash and a wave of affiliated gyms cut ties with the company.
Wall Street indexes move lower ahead of statement from Fed
U.S. stock indexes are mostly lower in midday trading Wednesday ahead of an afternoon interest rate and economic policy update from the Federal Reserve.
Cyprus tightens rules for passport-for-cash scheme
NICOSIA, Cyprus (AP) — Cyprus says it is introducing tougher anti-money laundering checks in its “golden passports” program, under which it gives citizenship to foreigners who invest large sums in the east Mediterr…
Another major mall deal implodes as pandemic shakes retail
NEW YORK (AP) — The nation's largest owner of malls is backing out of a $3.6 billion deal to buy a major rival as the coronavirus pandemic shakes the retail economy.
The Latest: Ford sees factories at pre-virus level by July 6
DETROIT — Ford expects to have its U.S. factories humming at pre-coronavirus levels by July 6.
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…
AMC aims to reopen theaters in July; nations eye economies
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and the spread of t…
A $3.6 billion mall deal goes up on smoke, the second major deal signed just before pandemic to go bust as retail quakes
NEW YORK (AP) — A $3.6 billion mall deal goes up on smoke, the second major deal signed just before pandemic to go bust as retail quakes.
'We need help': Small cities face fiscal calamity from virus
ALLENTOWN, Pa. (AP) — Unfilled potholes, uncollected trash, unmown grass and, most significantly, fewer police on the street are some of what Allentown says it’s contemplating unless Washington helps it plug a mult…
Starbucks takes $3 billion hit to revenue during pandemic
Starbucks expects to lose more than $3 billion in revenue in its fiscal third quarter due to the new coronavirus, but said the disruption to its business should subside through the rest of the year.
May consumer prices fall 0.1%, the third consecutive month
WASHINGTON (AP) — U.S. consumer prices dropped in May for the third straight month as the coronavirus pandemic pushed the American economy into a recession.
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.
Can't make money right now? Free up cash in your budget
You’re not the only one with a tight budget. Millions of Americans are currently struggling with unemployment, lost hours and lowered wages.
Russia detains managers of plant that spilled fuel in Arctic
MOSCOW (AP) — Russian authorities have detained three top managers of an Arctic power plant that leaked 20,000 tons of diesel fuel into the ecologically fragile region.