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 …
This week: Budget deficit, Fed meeting, Macy's earnings
A look at some of the key business events and economic indicators upcoming this week:
Vietnam ratifies trade deal with EU in boost for economy
HANOI, Vietnam (AP) — Vietnam ratified a landmark trade deal Monday with the European Union that is expected to energize the country’s manufacturing sector and exports, as it recovers from the impact of the coronav…
NTSB seeks stronger lithium-ion battery rules after fire
DETROIT (AP) — The National Transportation Safety Board is recommending a loophole that allows some lithium-ion batteries to taken on airplanes be closed, citing insufficient safety precautions.
Volkswagen CEO Herbert Diess giving up managing VW brand
BERLIN (AP) — Volkswagen's CEO is giving up managing the company's core VW brand in order to concentrate more on the group as a whole, the German automaker said Monday.
The Latest: Pakistan sees more than 100 virus deaths in day
ISLAMABAD, Pakistan — Pakistan recorded more than 100 deaths in a single day from COVID-19 for the first time since keeping statistics in mid-March, when the country first imposed a lock down that has never been to…
Aviation, tourism groups protest UK's 14-day quarantine
LONDON (AP) — Britain began imposing a 14-day quarantine Monday on travelers coming into the country, months after other European countries imposed similar measures to control the spread of the coronavirus.
Asian shares mixed after Nasdaq record as Wall St rallies on
TOKYO (AP) — Shares were mixed in Asia on Tuesday after the Nasdaq composite touched a fresh record as enthusiasm about reopening the economy pushed Wall Street still higher.
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.
How major US stock indexes fared Monday
Stocks scrambled even higher Monday on Wall Street’s enthusiasm about the reopening economy, and the Nasdaq composite set a record.
Gilead, Thor rise; International Flavors, Emergent fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
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…
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…
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.
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…
A US recession began in February in the face of coronavirus
WASHINGTON (AP) — The U.S. economy entered a recession in February as the coronavirus struck the nation, a group of economists declared Monday, ending the longest expansion on record.