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 …
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…
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…
American Airlines soars on Wall Street on upbeat flight plan
DALLAS (AP) — Shares of American Airlines posted a record percentage gain Thursday after the carrier said it will aggressively add back flights in July — a bet that the slow recovery in air travel will gain speed t…
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…
Vegas, baby! Casinos reopen after long coronavirus closure
LAS VEGAS (AP) — Mask use was spotty among customers as casinos in Las Vegas and throughout Nevada reopened Thursday for the first time since March following a closure to prevent the spread of the coronavirus.
Wall Street pauses, and S&P 500's 4-day winning streak snaps
Wall Street paused on Thursday, and the S&P 500 fell for the first time in five days as stocks that had held steadiest through this year’s feverish swings gave back some of their gains.
The Latest: Disney World to open with no parades, fireworks
ORLANDO, Fla. — When Walt Disney World reopens next month for the first time since it closed due to the spread of the new coronavirus, there will be no parades, fireworks shows nor “meet-and-greet” sessions with pe…
American Airlines, eBay rise; Smartsheet, Cloudera fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
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…
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…
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.
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 — …
Influencer Jake Joseph Paul faces charges after mall riot
SCOTTSDALE, Ariz. (AP) — Social media influencer Jake Joseph Paul faces misdemeanor charges following a riot at a mall outside Phoenix, police said Thursday. Paul, who has 20 million followers, says he was merely t…
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.
Average 30-year mortgage rates rose slightly to 3.18%
BALTIMORE (AP) — Long-term mortgage rates increased slightly as the U.S. economy showed signs that the worst of the coronavirus-fueled recession may have passed.