Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Insurance rates won’t go up in wake of 2026 wildfires
MOSES LAKE — Almost three-fifths of American homeowners have concerns about their insurance rates going up due to …
Gilead says drug helped moderately ill coronavirus patients
A California biotech company says its experimental drug remdesivir improved symptoms when given for five days to moderately ill, hospitalized patients with COVID-19.
India cautiously opens up even as coronavirus cases rise
NEW DELHI (AP) — More states opened up and crowds of commuters trickled onto the roads in many of India's cities on Monday as a three-phase plan to lift the nationwide coronavirus lockdown began despite an upward t…
With rare candor, employees protest Facebook's Trump policy
OAKLAND, Calif. (AP) — Facebook employees are using Twitter and Facebook's internal communications tools to register their frustration over CEO Mark Zuckerberg's decision to leave up posts by President Donald Trump…
CBO projects virus impact could trim GDP by $15.7 trillion
WASHINGTON (AP) — The Congressional Budget Office said Monday that the U.S. economy could be $15.7 trillion smaller over the next decade than it otherwise would have been if Congress does not mitigate the economic …
Bulgaria expects to finish Russian gas pipeline on time
SOFIA, Bulgaria (AP) — Bulgaria says it aims to build on time its stretch of a pipeline that will bring Russian gas to Europe, despite unforeseen delays due to the COVID pandemic.
Average US gas price up 8 cents over 2 weeks to $2.05
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline rose 8 cents over the past two weeks, to $2.05 per gallon.
Arrests made inside iconic Macy's store in Manhattan amid violence following George Floyd protests
NEW YORK (AP) — Arrests made inside iconic Macy's store in Manhattan amid violence following George Floyd protests.
South America's reopening and US protests could spread virus
WELLINGTON, New Zealand (AP) — South American countries at the epicenter of the coronavirus pandemic are choosing to reopen even as case numbers rise, ignoring the example set by Europe in which nations waited for …
Egypt's ex-PM faces torture allegation in American's lawsuit
CAIRO (AP) — After his arrest in 2013 for documenting the deadliest crackdown on protesters in Egypt’s modern history, Mohamed Soltan landed in a notorious prison where he says he was brutally tortured for 21 month…
April construction spending falls 2.9% as virus upends work
WASHINGTON (AP) — U.S. construction spending fell 2.9% in April, the largest drop in 18 months, with broad declines across all building activity as shutdowns hobbled projects and workers were told to stay home.
Parents hoping to get back to work face a child care crisis
NEW YORK (AP) — A single father in New Jersey is taking unpaid leave from his job as a baker because he has no one to look after his son. A university employee in New York realizes she may never return to the offic…
Macy's hit as New York imposes curfew amid Floyd protests
NEW YORK (AP) — New York City imposed a late-night curfew Monday that failed to prevent another night of destruction, including arrests after a break-in at the iconic Macy's store on 34th Street, following protests…
Black businesses hit hard by COVID-19 fight to stay afloat
Detroit (AP) — Stephanie Byrd agonized over temporarily laying off nearly the entire staff at her family’s trio of Detroit businesses when the coronavirus pandemic hit.
Asia Today: South Korea clamps down again as virus rebounds
BANGKOK (AP) — Areas around the South Korean capital curbed large gatherings Tuesday and officials urged churchgoers and some health care workers to avoid crowds as the number of new coronavirus once again increase…
Turkey eases lockdown as restaurants reopen, flights resume
ANKARA, Turkey (AP) — Turkish Airlines resumed limited domestic flights, restaurants welcomed sit-in customers and beaches and museums reopened as Turkey’s broadest easing of coronavirus restrictions came into effe…