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 …
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.
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.
California again extends major contract for protective masks
SACRAMENTO, Calif. (AP) — California is giving a Chinese manufacturer it contracted with for hundreds of millions of protective masks one more week to get federal certification after the company twice missed the de…
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.
US unemployment drops unexpectedly to 13.3% amid outbreak
WASHINGTON (AP) — U.S. unemployment
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…
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 …
The Latest: Coronavirus deaths continue to reduce in Italy
MILAN — No deaths were recorded in nine Italian regions on Friday as the coronavirus’s grip on Italy continues to ease. The number of deaths nationwide grew by 85 in 24 hours, in line with recent days, for a total …
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…
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.
US moves forward with plan to end wild bird protections
BILLINGS, Mont. (AP) — The Trump administration moved forward Friday with plans to scale back a century-old law protecting most American wild bird species despite warnings that billions of birds could die as a resu…
No progress: EU, UK remain far apart in post-Brexit talks
BRUSSELS (AP) — Another round of trade discussions between the European Union and the U.K. ended Friday — and once again there were no signs of progress ahead of a looming deadline on whether a transition arrangeme…
Trump hails jobs report, but unemployment rate still high
WASHINGTON (AP) — President Donald Trump took a victory lap Friday morning after the government reported surprising job gains for last month, seizing on the data to predict that the worst of the
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.