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…
Fired Samsung worker ends tower protest following apology
SEOUL, South Korea (AP) — A former Samsung employee who spent nearly a year protesting his firing by living atop a 25-meter (82-foot) traffic camera tower in South Korea’s capital was helped back down Friday after …
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 …
French carmaker Renault to cut 15,000 jobs worldwide
PARIS (AP) — French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the c…
Europe's social welfare net shows signs of wear from virus
PARIS (AP) — Europe's extensive social welfare net was showing signs of fraying under economic strain from the coronavirus, as protests erupted Friday for a second day in Spain against layoffs by French carmaker Re…
Roam close to home: Europe's tourists play safe in pandemic
BERLIN (AP) — Many a journey to far-flung corners of Europe starts in a dusty industrial yard in east Berlin, where Felix Rascher carefully tends to his small fleet of Volkswagen camper vans, a favorite among free-…
Asia Today: Indonesians return to mosques, at a distance
JAKARTA, Indonesia (AP) — Muslims in some parts of Indonesia attended Friday prayers as mosques closed by the coronavirus for weeks were allowed to start reopening in the world’s most populous Muslim nation.
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…
Virginia lags in implementing extended unemployment benefits
RICHMOND, Va. (AP) — When registered nurse Amanda Marsh lost her job working from her Virginia home as a health plan medical reviewer late last year, unemployment benefits helped support her family while she looked…
Hello and welcome: Robot waiters to the rescue amid virus
RENESSE, Netherlands (AP) — You can always count on a robot for perfect timing.
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.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for July delivery rose $1.78 to settle at $35.49 a barrel Friday. Brent crude oil for July delivery rose 4 cents to $35.33 a barrel.
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…
Court rejects bid to revive cancelled US pipeline program
BILLINGS, Mont. (AP) — A federal appeals court on Thursday turned down the Trump administration's request to revive a permit program for new oil and gas pipelines, an outcome that industry representatives said coul…
Suits accuse retail chains of flooding Ohio with painkillers
CLEVELAND (AP) — Five retail chains flooded two Ohio counties with tens of millions of prescription painkillers through their pharmacies while taking few if any steps to stop drugs from being illegally diverted, ac…
41 million jobs lost; homebound gear up to get out, way out
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of th…