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 …
Siberian governor says leaked oil spilled into Arctic lake
MOSCOW (AP) — Some of the 20,000 tons of diesel oil that leaked from a power plant has seeped into a fragile Arctic lake, the regional governor said Tuesday.
2 accused in ex-Nissan boss escape scheme fight extradition
A former Green Beret and his son accused of smuggling ex-Nissan Motor Co. Chairman Carlos Ghosn out of Japan in a box are fighting their extradition to the country, arguing the offense is not a crime there.
Gold and diamonds lose luster, but garden supply sales shine
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the…
Greece, Italy sign deal on demarcating maritime boundaries
ATHENS, Greece (AP) — Greece and Italy signed an agreement Tuesday demarcating their maritime boundaries, amid tension in the Mediterranean region over rights to natural resources.
As cruise industry prepares to sail, choppy waters are ahead
Some cruise lines are hoping to set sail later this summer but with images of coronavirus-ravaged ships still fresh in many minds, the industry could face years of choppy water ahead.
Minister: Greece to lift restrictions for Italian tourists
ATHENS, Greece (AP) — Greece will gradually lift all restrictions on Italian tourists entering the country by the end of the month, Greece’s foreign minister said Tuesday.
Japanese carmaker Honda hit by cyberattack
LONDON (AP) — Japanese carmaker Honda said Tuesday that it has been hit by a cyberattack that disrupted its business in several countries, though it expects the overall impact to be contained.
Macy's says reopened stores luring back customers
NEW YORK (AP) — Macy’s said Tuesday that roughly several hundred stores that have reopened are performing better than anticipated as it disclosed an update on its fiscal first-quarter results.
US employers laid off 7.7 million workers in April
BALTIMORE (AP) — U.S. employers laid off 7.7 million workers in April — a sign of just how deep the economic hole is after the closure of thousands of offices, restaurants, stores and schools during the pandemic.
EU trade chief Phil Hogan mulls run for WTO top job
BRUSSELS (AP) — The European Union’s trade commissioner said Tuesday that he is considering standing for the top job at the World Trade Organization if the 27 EU countries endorse him, but he maintains that whoever…
Cyprus resumes commercial flights after ending 11-week ban
LARNACA, Cyprus (AP) — An Israeli airliner with 22 passengers aboard became the first commercial flight to touch down in Cyprus after the east Mediterranean country reopened its airports following an 11-week ban ai…
EU rejects any US attempt to invoke Iran nuclear deal
BRUSSELS (AP) — The European Union’s top diplomat said Tuesday that since the United States has already withdrawn from an international agreement curbing Iran’s nuclear ambitions, it can't now use its former member…
Wall Street hits the brakes after strong, weekslong rally
Wall Street hit the brakes Tuesday, a day after its remarkable, weekslong rally brought the S&P 500 back to positive for the year and the Nasdaq to a record high.
Millennial Money: How to stand out in this tough job market
Dear Class of 2020: You are graduating into one of the worst economies in history. But this isn’t news to you. Many of you have already felt the impact, with summer internships and full-time job offers pulled out f…
France announces $16.9 billion in aid for aviation industry
PARIS (AP) — France’s government is pumping 15 billion euros ($16.9 billion) in rescue money into the pandemic-battered aerospace industry, in hopes of saving its hundreds of thousands of jobs and keeping plane mak…