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…
New York City eyes June 8 for first phase of reopening
ALBANY, N.Y. (AP) — New York City is on track to begin reopening June 8 as the state gradually loosens restrictions put in place during the coronavirus crisis, Gov. Andrew Cuomo said Friday.
FDA finds contamination in several brands of diabetes drug
WASHINGTON (AP) — U.S. health regulators are telling five drugmakers to recall their versions of a widely used diabetes medication after laboratory tests found elevated levels of a contaminant linked to cancer.
Twitter obscures, warns on Trump tweet 'glorifying violence'
Twitter escalated tensions with President Donald Trump on Friday, adding a warning to one of his tweets for the first time and saying he violated the platform’s rules by glorifying violence when he suggested protes…
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…
Take 2 for SpaceX's 1st astronaut launch with more storms
CAPE CANAVERAL, Fla. (AP) — SpaceX pressed ahead with its second attempt to launch astronauts for NASA — a historic first for a private company — but more stormy weather threatened more delays.
AP Interview: French minister confident in virus tracing app
PARIS (AP) — As France is easing most virus-related restrictions next week, the French government is confident its contact-tracing app will be effective in the process to contain the spread of the pandemic, despite…
India's economic growth dips during coronavirus pandemic
NEW DELHI (AP) — India’s economy grew by 4.2% in the fiscal year that ended in March, down from 6.1% the previous year, the government said Friday, and is likely to contract this year because of the coronavirus pan…
Nations ease more restrictions, air travel opening up more
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the …
Europe prepares post-corona, socially-distanced culture-fest
LE PECQ, France (AP) — You may need a face mask to see the Mona Lisa. You will have your temperature taken at the Colosseum in Rome. And to see views of Paris from the Eiffel Tower might require taking the stairs.
Stocks slip on Wall Street but still headed for weekly gain
Stocks fell in afternoon trading on Wall Street Friday as investors worry that the U.S. and China could be headed for another confrontation, this time over the autonomy of the former British colony of Hong Kong.
US consumer spending sinks by record 13.6% in face of virus
WASHINGTON (AP) — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
US consumer spending plunged by a record 13.6% in April as job cuts from virus paralyzed economy
WASHINGTON (AP) — US consumer spending plunged by a record 13.6% in April as job cuts from virus paralyzed economy.
CNN crew arrested while reporting on Minneapolis protests
MINNEAPOLIS (AP) — The Minnesota State Patrol on Friday arrested a CNN television crew as they reported on
Greece: Tourists from 29 countries can fly in as of June 15
ATHENS, Greece (AP) — Greece on Friday listed 29 countries from where it will accept visitors as of June 15 as the Greek government looks to mitigate some of the financial damage from the coronavirus pandemic.
EU says conditions needed in Lufthansa bailout, seeks deal
BRUSSELS (AP) — The EU competition chief said Friday that she is not “creating extra hurdles" for Lufthansa after the airline balked at accepting a 9 billion-euro German government rescue package because of what it…