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 …
How major US stock indexes fared Wednesday
Stocks rallied again on Wall Street Wednesday, and the S&P 500 climbed back to where it was just one week after it set its all-time high earlier this year.
Snapchat to stop 'promoting' Trump amid uproar over tweets
OAKLAND, Calif. (AP) — Snapchat will stop “promoting” President Donald Trump on its video messaging service, the latest example of a social media platform adjusting how it treats this U.S. president.
3 killed when helicopter hits power line in California
FAIRFIELD, Calif. (AP) — Three people were killed when a helicopter contracted by Pacific Gas & Electric struck one of the utility's power lines and crashed into a Northern California hillside on Tuesday, igniting …
Malaria drug fails to prevent COVID-19 in a rigorous study
A malaria drug President Donald Trump took to try to prevent COVID-19 proved ineffective for that in the first large, high-quality study to test it in people in close contact with someone with the disease.
Hints of economic reawakening amid mass, civic unrest
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and the spread of t…
US service sector contracts for second month in May
WASHINGTON (AP) — The U.S. services sector shrank for a second month in May as the coronavirus pandemic triggered shutdowns and layoffs around the country.
The Latest: New Zealand on verge of eradicating virus
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Pandemic brings 1st Australian recession in 29 years
CANBERRA, Australia (AP) — The coronavirus pandemic pushed Australia’s economy into recession for the first time in 29 years in the first quarter of the year, and the situation is expected to get worse.
Italy opens borders ahead of neighbors, still eyed warily
VENTIMIGLIA, Italy (AP) — Italy officially ended its long coronavirus lockdown Wednesday, opening regional and international borders in a bid to boost summer tourism, but found itself alone as European neighbors vi…
Trump administration moves to block Chinese airlines from US
The Trump administration moved Wednesday to block Chinese airlines from flying to the U.S. in an escalation of trade and diplomatic tensions between the two countries.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for July delivery rose 12 cents to settle at $37.41 a barrel Thursday. Brent crude oil for August delivery rose 20 cents to $39.99 a barrel.
Pilgrim’s Pride CEO among indicted for chicken price fixing
WHEAT RIDGE, Colo. (AP) — The CEO of Pilgrim's Pride is one of four current and former chicken company executives indicted Wednesday on charges of price-fixing.
Walmart moves guns, ammunition in some stores to secure area
NEW YORK (AP) — Walmart says it has removed ammunition and firearms from displays at some of its stores in the wake of the killing of George Floyd that has set off sometimes violent demonstrations against police br…
Emergency declared in Siberia after diesel fuel leak
MOSCOW (AP) — Russian President Vladimir Putin has declared a state of emergency in a region of Siberia after an estimated 20,000 tons of diesel fuel spilled from a power plant storage facility and fouled waterways…
People harmed by OxyContin have more time to file claims
People injured by the powerful prescription painkiller OxyContin have another 30 days to file legal claims against the manufacturer.