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 …
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.
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…
Arizona hospitals at 83% capacity, elective surgery may stop
GLENDALE, Ariz. (AP) — Arizona hospitals that are expected to be able to treat new cases of coronavirus without going into crisis mode were above 80% capacity, a milestone that should trigger an automatic stop to e…
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…
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…
Just Eat swallows Grubhub creating restaurant delivery giant
Two pioneers in restaurant delivery — Just Eat Takeaway.com and Grubhub — are combining in a $7.3 billion deal that will create one of the world's largest delivery companies.
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…
Google quietly rolls out test version of Android upgrade
SAN RAMON, Calif. (AP) — Google has released a test version of its annual upgrade to its Android software without the usual fanfare heralding the latest operating system powering most smartphones.
Puerto Rico power company contract worth $1.5B questioned
SAN JUAN, Puerto Rico (AP) — A report published Wednesday accused Puerto Rico’s government of giving unfair advantage to a company that obtained a $1.5 billion contract and secured the first large generation projec…
How major US stock indexes fared Wednesday
Stocks ended a bumpy day mostly lower Wednesday despite assurances from the Federal Reserve that it would keep interest rates low through 2022 and would continue buying bonds to help markets function smoothly.
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.
The Latest: Trump plans 1st COVID-19 era rally next week
WASHINGTON — President Donald Trump says he’s planning to hold his first rally of the COVID-19 era next Friday in Tulsa, Oklahoma. And he says he’s planning more events in Florida, Texas and Arizona as well.
Stocks end mostly lower, even as Nasdaq tops 10,000 points
Stocks closed a choppy day on Wall Street with broad losses Wednesday, despite fresh assurances from the Federal Reserve that it would keep interest rates low through 2022 and would continue buying bonds to help ma…