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 …
Nations try to get back on their feet but job cuts continue
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the …
'Respect them': Even in wealthy areas, food bank demand high
VALLEY STREAM, N.Y. (AP) — One was a nurse, another a retiree. Others had recently lost jobs with an insurance company and a country club.
Canadian economy unexpectedly adds 289,600 jobs in May
OTTAWA, Ontario (AP) — Statistics Canada reported Friday the Canadian economy added 289,600 jobs in May, with businesses reopening amid easing public health restrictions.
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.
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…
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…
Unemployment dips to 13.3% as US added 2.5 million jobs in May as impact from virus eases
WASHINGTON (AP) — Unemployment dips to 13.3% as US added 2.5 million jobs in May as impact from virus eases.
EU, UK still at loggerheads in post-Brexit negotiations
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 real progress ahead of a looming deadline on whether a transition arra…
Twitter disables Trump campaign's George Floyd video tribute
Twitter has blocked a Trump campaign video tribute to George Floyd over a copyright claim, in a move that adds to tensions between the social media platform and the U.S. president, one of its most widely followed u…
Malaysian ex-PM to hear verdict in 1st graft case in July
KUALA LUMPUR, Malaysia (AP) — Malaysian ex-Prime Minister Najib Razak was victimized by rogue bankers and should be acquitted of corruption charges linked to the massive looting of a state investment fund, his lawy…
The Latest: British Airways mulling suit vs quaratine rule
LONDON -- British Airways is considering legal action against the U.K. government's plans to force anyone arriving into the country to quarantine themselves for 14 days in order to stem the spread of the coronaviru…
German factory orders plunge, portending lean times ahead
BERLIN (AP) — Factory orders in Germany plunged even more than anticipated in April, underlining the effect the coronavirus pandemic has had on Europe's largest economy.
Australia's national news agency to survive with new owners
SYDNEY (AP) — Australia's national news agency will continue with new owners, the board confirmed Friday, just weeks before it was due to be shut down. But the agency will be slimmed down, with only about half the …
Despite reopening, some jobs lost to virus are gone for good
BANGKOK (AP) — Factories and stores are reopening, economies are reawakening – but many jobs just aren’t coming back.
European Central Bank boosts pandemic support program by 600 billion euros ($670 billion) to 1.35 trillion euros
FRANKFURT, Germany (AP) — European Central Bank boosts pandemic support program by 600 billion euros ($670 billion) to 1.35 trillion euros.