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…
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.
German government agrees on national hydrogen strategy
BERLIN (AP) — The German government agreed Wednesday on a long-term strategy for increasing production and use of hydrogen as part of a plan to cut the country’s greenhouse gas emissions.
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.
Virus pummels global economy, jobs - even without 2nd wave
PARIS (AP) — The virus crisis has triggered the worst global recession in nearly a century -- and the pain is not over yet even if there is no second wave of infections, an international economic report warned Wedn…
CrossFit CEO resigns over insensitive George Floyd tweet
The CEO of CrossFit is stepping down after his tweet about George Floyd sparked a social media backlash and led to affiliated gyms and Reebok cutting ties with the exercise brand.
Tunisian parliament rejects bid for French colonial apology
TUNIS, Tunisia (AP) — After a heated, 14-hour debate, Tunisia’s parliament on Wednesday rejected a motion calling on France to apologize for crimes permitted during the colonial era and pay reparations.
Virus slows Dubai airport, world's busiest for global travel
DUBAI, United Arab Emirates (AP) — Perhaps nowhere is the world's lack of flights due to the coronavirus pandemic more clearly felt than at Dubai International Airport, for years the world's busiest for internation…
Easing restrictions in Indonesia's capital triggers concerns
JAKARTA, Indonesia (AP) — Eva Rahmi Salama worries that authorities in Jakarta, Indonesia’s sprawling capital, are acting too soon to lift restrictions put in place two months ago to fight the spread of the coronav…