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 …
Personal mobility machine needs no help at Tokyo airport
TOKYO (AP) — An autonomous mobility system that works like a wheelchair without anyone pushing it is scuttling around a Tokyo airport to help with social distancing amid the coronavirus pandemic.
World Bank: world will suffer largest downturn since 1940s
WASHINGTON (AP) — The World Bank said Monday the world is facing an unprecedented health and economic crisis that has spread with astonishing speed and will result in the largest shock the global economy has witnes…
Lawyer: Coronavirus restrictions hamper MH17 defense case
SCHIPHOL, Netherlands (AP) — A defense lawyer for a suspect in the downing of Malaysia Airlines Flight 17 over eastern Ukraine nearly six years ago said Monday that coronavirus restrictions have seriously hampered …
Hungarian government launches coronavirus questionnaire
BUDAPEST, Hungary (AP) — Hungary’s government on Monday published a new questionnaire with 13 topics centering on the coronavirus pandemic. The “national consultation” will be mailed to citizens in coming weeks.
German industrial production down nearly 18% in April
BERLIN (AP) — German industrial production plunged by nearly 18% in April compared with the previous month at the height of Europe's coronavirus lockdowns, official data showed Monday.
Asia Today: Indonesian capital partly reopens after lockdown
JAKARTA, Indonesia (AP) — Restrictions in Indonesia’s capital were partly relaxed on Monday after two months of lockdown, as the world’s fourth most populous nation gradually reopens its economy.
Russia charges plant director in Arctic diesel fuel spill
MOSCOW (AP) — Russian authorities have charged the director of an Arctic power plant that leaked 20,000 tons of diesel fuel into the ecologically fragile region with violating environmental regulations, a crime tha…
Internet vigilantes falsely link ex-officer to teens' attack
SILVER SPRING, Md. (AP) — John Damskey’s nightmare began with his wife getting emails from strangers telling her she should be ashamed of her husband, a retired police officer. Their phones wouldn’t stop ringing wi…
China's companies emerge as global donors in virus pandemic
BEIJING (AP) — As the coronavirus spread, the world’s richest communist dug into his deep pockets.
Health department: No COVID-19 cases from Missouri salon
SPRINGFIELD, Mo. (AP) — None of the clients and coworkers of two hair stylists at a Missouri hair salon who tested positive for COVID-19 had confirmed cases of the disease, health officials said Monday.
Fed acts to broaden appeal of 'Main Street' lending program
WASHINGTON (AP) — The Federal Reserve is expanding the range of companies that will qualify for its soon-to-begin Main Street Lending Program, in which the Fed will lend directly to individual companies for the fir…
With recovery of last case, New Zealand has eradicated virus
WELLINGTON, New Zealand (AP) — New Zealand appears to have completely eradicated the coronavirus — at least for now — after health officials said Monday the last known infected person had recovered.
Japan says economy contracted less than earlier reported
TOKYO (AP) — Japan reported Monday that its economy contracted at an annual rate of 2.2% in January-March, less than initially estimated.
US recession began in February, economists' group declares, ending longest expansion on record
WASHINGTON (AP) — US recession began in February, economists' group declares, ending longest expansion on record.
As business trickles back, hotels compete on cleanliness
Marriott, Hilton and other big hotel companies are used to competing on price or perks. Now they are competing on cleanliness.