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 …
You're not the only one skeptical of the stock market rally
Just because stocks have scrambled nearly all the way back to their record heights doesn’t necessarily mean the market is in the clear.
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.
Study on safety of malaria drugs for coronavirus retracted
Several authors of a large study that raised safety concerns about malaria drugs for coronavirus patients have retracted the report, saying independent reviewers were not able to verify information that’s been wide…
Nissan recalls nearly 1.9M cars for pesky hood latch problem
DETROIT (AP) — For the fourth time, Nissan is recalling hundreds of thousands of midsize cars in the U.S. and Canada to fix a nagging latch problem that may allow the hood fly open while cars are moving.
Airline stocks soar as American, United add back flights
DALLAS (AP) — Airline stocks soared Thursday after American Airlines said it will aggressively add back flights in July — a bet that the slow recovery in air travel will gain speed this summer as states re-open the…
India, Australia sign defense, trade deals to bolster ties
NEW DELHI (AP) — India and Australia upgraded their relationship with a raft of agreements Thursday, including strengthening defense ties and cooperation in the Indo-Pacific maritime issues.
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.
1.9 million seek jobless aid even as reopenings slow layoffs
WASHINGTON (AP) — Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of l…
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.
Asia Today: Australia to restart flights to New Zealand
CANBERRA, Australia (AP) — Canberra Airport opened a register for travelers interested in flying from the Australian capital to New Zealand on July 1 in a proposed resumption of international travel.
PG&E critics urge judge to reject utility's bankruptcy plan
SAN RAMON, Calif. (AP) — Pacific Gas & Electric's proposal to pay $25.5 billion for a series of deadly Northern California wildfires ignited by its equipment faced a final barrage of resistance from critics Thursda…
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…
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.
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 …
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.