Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
'It begins with integrity'
MOSES LAKE — When Simon Ribellia started painting homes at age 15, he wasn't planning on making it a full-time car…
Bosnia: Officials, firm owner arrested over ventilator deal
SARAJEVO, Bosnia-Herzegovina (AP) — Bosnian authorities have arrested two high-ranking state officials and the owner of a private company which imported 100 ventilators from China that were found to be useless for …
Trump strikes China over virus, Hong Kong and student visas
WASHINGTON (AP) — President Donald Trump has announced that he would withdraw funding from the World Health Organization, end Hong Kong’s special trade status and suspend visas of Chinese graduate students suspecte…
Dell, Williams-Sonoma rise; Nordstrom, Salesforce fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
Powell: Fed to soon begin 'challenging' Main Street lending
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program that will lend to companies other than banks for the fi…
Greece clarifies policy, to allow tourists from all nations
ATHENS, Greece (AP) — Greek officials said Saturday that the country will not limit arriving airline passengers next month to people coming from 29 countries but that travelers who departed from places that aren't …
Bazaar swabbed, tables spaced as Turkey eases restrictions
ANKARA, Turkey (AP) — Workers in white coveralls and face masks swept Istanbul’s Grand Bazaar with disinfectant Saturday as Turkey prepared to lift many remaining coronavirus restrictions, including the suspension …
Infected workers, parts shortages slow auto factory restarts
DETROIT (AP) — The U.S. auto industry’s coronavirus comeback plan was pretty simple: restart factories gradually and push out trucks and other vehicles for waiting buyers in states left largely untouched by the vir…
AP Explains: Trump actions on Hong Kong just threats for now
WASHINGTON (AP) — President Donald Trump has announced what he said are “significant actions” regarding
Asia Today: India to allow reopenings in some areas
NEW DELHI (AP) — India is extending its lockdown in containment zones until June 30 but will allow economic activities to restart outside these areas even though coronavirus cases continue to rise in major cities.
Italy court rules Uber food delivery riders were exploited
ROME (AP) — A court in Milan has ordered the appointment of a judicial administrator to oversee Uber Italy for one year after determining the company's food delivery service exploited workers, according to Italian …
US food prices see historic jump and are likely to stay high
DES MOINES, Iowa (AP) — As if trips to the grocery store weren’t nerve-wracking enough, U.S. shoppers lately have seen the costs of meat, eggs and even potatoes soar as the coronavirus has disrupted processing plan…
$10 billion bailout for Germany's Lufthansa passes hurdle
BERLIN (AP) — German flagship airline Lufthansa agreed Saturday to a compromise worked out between the government and the European Union, overcoming a major hurdle toward final approval of a 9 billion-euro ($10 bil…
VW spending $2.2B to expand in China's electric car market
BEIJING (AP) — Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country's economy began to reopen f…
LA mayor says councilman should resign over bribery probe
LOS ANGELES (AP) — Los Angeles Mayor Eric Garcetti and the president of the City Council called Thursday for the resignation of Councilman Jose Huizar, who is the focus of a federal corruption investigation.
Rising US job losses stir fears of lasting economic damage
WASHINGTON (AP) — The coronavirus crisis threw at least 2.1 million Americans out of work last week despite the gradual reopening of businesses around the country, stoking fears Thursday that the scourge is doing d…