Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
'It begins with integrity'
MOSES LAKE — When Simon Ribellia started painting homes at age 15, he wasn't planning on making it a full-time car…
US consumers shunned borrowing in April as economy shut down
WASHINGTON (AP) — U.S. consumer borrowing plunged in April as households fretted about the disruptions caused by the coronavirus pandemic and cut back on their use of credit.
JC Penney closing 154 stores in first post-bankruptcy phase
NEW YORK (AP) — J.C. Penney said Thursday that it will start closing 154 of its stores next week in what it is calling the first phase of its efforts to shrink its footprint.
Putin chastises Russian tycoon over massive Arctic oil spill
MOSCOW (AP) — Russian President Vladimir Putin on Friday chastised the billionaire owner of a nickel giant for negligence resulting in a massive fuel oil spill that has inflicted huge damage on a fragile Arctic reg…
Google: State-backed hackers targeted Trump, Biden campaigns
BOSTON (AP) — Google said state-backed hackers have targeted the campaigns of both President Donald Trump and former Vice President Joe Biden, although it saw no evidence that the phishing attempts were successful.
Faced with making food for state troopers, workers walk out
Forced to choose between their beliefs and their jobs, four restaurant workers say, they walked out after they were threatened with being fired for refusing to help fill an order for a law enforcement agency that w…
Japan’s pandemic deaths low, but future success uncertain
TOKYO (AP) — Japan has kept its deaths from the new coronavirus low despite a series of missteps that beg the question of whether it can prevent future waves of infections.
Citing jobs, Trump claims victory over virus, econ collapse
WASHINGTON (AP) — President Donald Trump effectively claimed victory over the economic crisis and COVID-19 on Friday as well as major progress against racial inequality, heartily embracing a better-than-expected jo…
The Latest: NM high court suspends consumer debt collection
SANTA FE, N.M. — The New Mexico Supreme Court is temporarily suspending consumer debt collection such as garnishing wages and seizing assets in response to the coronavirus pandemic and its related economic downturn…
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…
United Airlines, Broadcom rise; Gap, PagerDuty fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
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.
Facebook removes nearly 200 accounts tied to hate groups
Facebook has removed nearly 200 social media accounts linked to white supremacy groups that planned to encourage members to attend protests over police killings of black people — in some cases with weapons, company…
Trump allows commercial fishing in marine conservation area
BANGOR, Maine (AP) — President Donald Trump rolled back protections Friday at a marine conservation area off the New England coast, signing an order to allow commercial fishing in a stretch of water environmentalis…
US consumers shunned borrowing in April as economy shut down
WASHINGTON (AP) — U.S. consumer borrowing plunged in April as households fretted about the disruptions caused by the coronavirus pandemic and cut back on their use of credit.
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.