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 productivity falls 0.9% in first quarter, less than first estimated, as labor costs rise at faster pace
WASHINGTON (AP) — US productivity falls 0.9% in first quarter, less than first estimated, as labor costs rise at faster pace.
The Latest: Filipino leader says US unrest hurts virus fight
MANILLA, Philippines — Philippines President Rodrigo Duterte says that he is glad “Filipinos are really law-abiding” and that the Philippines is not going through unrest like America, which would make the coronavir…
New Zealand military buys 5 Lockheed Hercules planes for $1B
WELLINGTON, New Zealand (AP) — New Zealand's military said Friday it will buy five Super Hercules transport planes from Lockheed Martin for $1 billion.
U.S. trade gap rises to $49.4 billion in April
WASHINGTON (AP) — The U.S. trade deficit hit the highest level in eight months in April. Exports and imports both posted record monthly drops as the coronavirus pandemic smothered America's commerce with other coun…
Retailers look to boost sales, German car sales weak
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of th…
Epidemic of wipes and masks plagues sewers, storm drains
PHILADELPHIA (AP) — Mayor Jim Kenney kicked off a recent briefing on Philadelphia's coronavirus response with an unusual request for residents: Be careful what you flush.
American Airlines, eBay rise; Smartsheet, Cloudera fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
Mall owner sues Gap for rent on coronavirus-shuttered stores
NEW YORK (AP) — Gap is being sued for refusing to pay rent for stores temporarily closed during the coronavirus pandemic.
Study: Autonomous vehicles won't make roads completely safe
DETROIT (AP) — A new study says that while autonomous vehicle technology has great promise to reduce crashes, it may not be able to prevent all mishaps caused by human error.
West Virginia sues Rite-Aid, Walgreens over pain pill flood
CHARLESTON, W.Va. (AP) — Rite-Aid and Walgreens failed to monitor and report suspicious orders of prescription painkillers in West Virginia while inundating their retail pharmacies with tens of millions of pills, a…
Federal court rejects EPA approval of widely used herbicide
SAN FRANCISCO (AP) — The federal government must revoke its approval of a widely used weed killer that has damaged other crops and turned neighbor against neighbor in some farm communities, a federal appeals court …
Coronavirus strands merchant ship crews at sea for months
ATHENS, Greece (AP) — For nearly four months, Capt. Andrei Kogankov and his oil tanker crew haven’t set foot on dry land. With global travel at a virtual standstill due to the coronavirus pandemic, the Russian capt…
Asia Today: India's daily virus cases surge by nearly 10,000
NEW DELHI (AP) — India's Health Ministry on Friday reported another record spike in new coronavirus cases — more than 9,800 in 24 hours.
1.9 million workers seek jobless aid, a ninth straight weekly decline as more businesses reopen
WASHINGTON (AP) — 1.9 million workers seek jobless aid, a ninth straight weekly decline as more businesses reopen.
How major US stock indexes fared Thursday
Wall Street paused on Thursday, and the S&P 500 fell 0.3% for its first loss in five days. Stocks that had held steadiest through this year’s feverish swings gave back some of their gains, with losses for technolog…