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 …
Asia Today: Indonesia records single-day high in new cases
JAKARTA, Indonesia (AP) — Indonesia reported nearly 1,000 new cases of the coronavirus on Saturday, a new single-day high for the country that brought its total caseload past 30,000, as the government unveiled an e…
Venezuela jails 3 DirecTV executives as US firm cuts service
CARACAS, Venezuela (AP) — Venezuelan authorities have jailed three local DirecTV executives under an arrest warrant issued after the Dallas-based company abruptly cut off services to the South American country last…
Reddit co-founder leaves board, urges black replacement
Reddit co-founder Alexis Ohanian announced his resignation from the board of the social media site and urged the board to replace him with a black candidate.
Fire destroys Southern California warehouse linked to Amazon
LOS ANGELES (AP) — A fire early Friday destroyed a Southern California distribution facility that was used to ship items to Amazon customers. Authorities said employees got out and there were no reports of injuries.
US unemployment drops unexpectedly to 13.3% amid outbreak
WASHINGTON (AP) — U.S. unemployment
How major US stock indexes fared Friday
Stocks jumped Friday after a report said the U.S. job market surprisingly strengthened last month, bolstering hopes that the worst of the recession may have already passed.
Government job losses are piling up, and it could get worse
Jobs with state and city governments are usually a source of stability in the U.S. economy, but the financial devastation wrought by the coronavirus pandemic has forced cuts that will reduce public services — from …
US will allow limited flights by Chinese airlines, not a ban
The Trump administration said Friday it will let Chinese airlines operate a limited number of flights to the U.S., backing down from a threat to ban the flights.
Idaho offers $1,500 bonus for people to return to work
BOISE, Idaho (AP) — Idaho residents on unemployment could receive a one-time bonus of up to $1,500 to return to work under a plan Gov. Brad Little announced Friday.
OPEC, allied nations extend nearly 10M barrel cut by a month
DUBAI, United Arab Emirates (AP) — OPEC and allied nations agreed Saturday to extend a production cut of nearly 10 million barrels of oil a day through the end of July, hoping to encourage stability in energy marke…
9 firefighters hospitalized in Florida after ship explosion
JACKSONVILLE, Fla. (AP) — Nine firefighters responding to a fire aboard a ship in Florida have been hospitalized after the ship exploded, injuring eight and sending one to a hospital for heat exhaustion, authoritie…
Malaria drug didn't help virus patients, big UK study finds
Leaders of a large study in the United Kingdom that is rigorously testing the malaria drug hydroxychloroquine and other medicines for hospitalized COVID-19 patients say they will stop putting people on the drug bec…
Virus exposes sharp economic divide: College vs. non-college
BALTIMORE (AP) — For an American workforce under continuing threat from the coronavirus, the best protection might just be a college degree.
Wall Street's rally zooms higher after surprise gain in jobs
For weeks, critics said Wall Street’s big rally made no sense when the economy seemed set for only more despair. On Friday, it got a bit of validation.
President Donald Trump takes action to allow commercial fishing at marine conservation area off New England coast
BANGOR, Maine (AP) — President Donald Trump takes action to allow commercial fishing at marine conservation area off New England coast.