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 …
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.
Astronauts ring opening bell for Nasdaq from space station
CAPE CANAVERAL, Fla. (AP) — The astronauts launched into orbit by SpaceX joined in the ringing of the opening bell for the Nasdaq on Tuesday to mark “a pivotal moment" for the space economy.
UK study finds minorities at higher risk of COVID-19 death
LONDON (AP) — People from ethnic minorities have died from COVID-19 in larger relative numbers in England than their white compatriots, according to a study published by health authorities Tuesday.
Safety board asks helicopter makers to install 'black boxes'
Federal safety investigators bypassed aviation regulators on Tuesday and urged leading helicopter manufacturers to install so-called black boxes that would help determine the cause of crashes such as the one that k…
Spending starting to improve, some retail sales rising
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the…
South Korea to reopen WTO complaint over Japan trade curbs
SEOUL, South Korea (AP) — Reigniting a bitter row between key U.S. allies, South Korea on Tuesday said it will reopen a complaint filed with the World Trade Organization over Japan’s tightened controls on technolog…
Honda recalls 1.4M vehicles to fix faulty fuel pumps
DETROIT (AP) — Honda is recalling nearly 1.4 million vehicles worldwide because their fuel pumps could fail and cause engines to stall or lose power.
EU, UK leaders to meet this month as post-Brexit talks stall
BRUSSELS (AP) — The European Union's top executive and British Prime Minister Boris Johnson will meet this month for talks that could give new momentum to the stalled post-Brexit negotiations.
French virus tracing app goes live amid debate over privacy
PARIS (AP) — France is rolling out an official coronavirus contact-tracing app aimed at containing fresh outbreaks as lockdown restrictions gradually ease, becoming the first major European country to deploy the sm…
FAA chief called before Senate to testify about Boeing plane
WASHINGTON (AP) — The nation’s top aviation regulator is going back to Capitol Hill to explain the government’s oversight of the Boeing 737 Max, which remains grounded after two deadly crashes.
Business and economic events scheduled for Wednesday
Business and economic events scheduled for Wednesday.
Looting devastates businesses already shaken by virus
NEW YORK (AP) —
Syrian stock market halts trading for Assad cousin's company
BEIRUT (AP) — Syria’s stock market on Tuesday suspended trading for the largest cellular company in the country, owned by a cousin of the president and one of Syria’s richest businessmen.
UN urges help for countries near `debt distress' from virus
UNITED NATIONS (AP) — The president of the U.N. Economic and Social Council called for urgent action Tuesday to help the growing number of countries already facing or at risk of “debt distress” because of the econo…
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