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 …
Pandemic accelerates Mormon missionaries' transition online
BRIGHAM CITY, Utah (AP) — Wearing dress shirts, ties and name tags, three missionaries with The Church of Jesus Christ of Latter-day Saints sit around the kitchen table inside a Utah apartment planning how they'll …
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.
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.
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…
UK vaccine summit calls for freely available virus vaccine
LONDON (AP) — A vaccine summit has raised billions of dollars to immunize children in developing countries as experts wrestled with how any potential vaccine against the coronavirus might be distributed globally — …
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.
By the numbers: Trump reads economic boom into jobs data
CHICAGO (AP) — President Donald Trump has always been a big numbers guy.
Business Highlights
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Despite global reopening push, some jobs are gone for good
BANGKOK (AP) — Factories and stores are reopening, economies are reawakening – but many jobs just aren’t coming back.
Unemployment rate falls to 13.3%, US adds 2.5 million jobs
WASHINGTON (AP) — The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added — a surprisingly positive reading in the midst of a recession that has paralyzed the economy in the wake…
Asian shares higher after jobless data snaps Wall St rally
Shares were mostly higher in Asia on Friday after U.S. unemployment data gave the S&P 500 its first loss in five days.
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…