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 …
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…
UK eases lockdown restrictions but many flout guidelines
LONDON (AP) — The U.K. eased more lockdown restrictions Monday despite warnings from some health officials of another spike in coronavirus infections, especially if Britons persisted in flouting the new guidelines.
Greece lifts its lockdown on hotels, pools, golf courses
ATHENS, Greece (AP) — Greece lifted lockdown restrictions Monday for hotels, open-air cinemas, golf courses and public swimming pools as the country ramped up preparations for the crucial summer tourism season to s…
Businesses ramp up operations as nations prep for tourists
BELT-LOOSENING:
Greece calls Turkey's oil-and-gas plan a 'provocation'
ATHENS, Greece (AP) — Greece said Monday that it is determined to oppose plans by Turkey to expand oil-and-gas exploration in the Mediterranean Sea, in a deepening regional dispute over mineral rights.
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.
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.
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.
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.
Lufthansa board nods through $10 billion bailout plan
BERLIN (AP) — The supervisory board of Lufthansa has given its blessing to a 9 billion-euro ($10 billion) government bailout plan thrashed out between the airline, the German government and the European Union.
Supreme Court declines to take Bernard Madoff trustee case
WASHINGTON (AP) — The Supreme Court is leaving in place a ruling that allows the trustee recovering money for investors in the
US construction spending falls 2.9% in April with residential building down sharply
WASHINGTON (AP) — US construction spending falls 2.9% in April with residential building down sharply.
Survey: US factories sink in May for third straight month
WASHINGTON (AP) — American factories slowed for the third consecutive month in May as they continued to sustain economic damage from the coronavirus pandemic.
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…
Finland in pain as border closure blocks Russian tourists
HELSINKI, Finland (AP) — Finns in the Nordic nation's eastern border region say they haven't seen anything like this since the 1991 collapse of the Soviet Union.