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 …
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…
Trump escalates war on Twitter, social media protections
WASHINGTON (AP) — President Donald Trump escalated his war on Twitter and other social media companies Thursday, signing an executive order challenging the lawsuit protections that have served as a bedrock for unfe…
French way of life to resume with restaurants reopening
PARIS (AP) — The French way of life is set to largely resume next week, with most virus-related restrictions easing as the country prepares for the summer holiday season amid the pandemic.
US mortgage rates fall; 30-year loan at all-time low 3.15%
WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week as the key 30-year home loan marked an all-time low for the third time in the last few months since the coronavirus outbreak took hold.
Regulators approve PG&E bankruptcy plan despite safety fears
BERKELEY, Calif. (AP) — California power regulators on Thursday unanimously approved Pacific Gas & Electric's $58 billion plan for getting out of a bankruptcy caused by a series of deadly wildfires, despite ongoing…
Airlines increase job cuts as pandemic crushes air travel
Major airlines on both sides of the Atlantic are cutting even more jobs as they struggle to cope with a plunge in air travel that will leave the airline industry much smaller than it was before the coronavirus pand…
The Latest: UN urges $2.4 billion in aid for war-torn Yemen
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NSA: Russian agents have been hacking major email program
BOSTON (AP) — The U.S. National Security Agency says the same Russian military hacking group that interfered in the 2016 presidential election and unleashed a devastating malware attack the following year has been …
Tesla's Musk earns $770M in stock options, company confirms
DETROIT (AP) — Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package triggered by the company meeting several financial metrics.
Democrats charge OSHA isn't protecting front-line workers
WASHINGTON (AP) — As U.S.
US charges North Koreans in $2.5B sanctions-busting scheme
WASHINGTON (AP) — The Justice Department has accused a network of North Korean and Chinese citizens of secretly advancing North Korea’s nuclear weapons program by channeling at least $2.5 billion in illicit payment…
House approves changes to business virus aid subsidy program
WASHINGTON (AP) — The House gave sweeping bipartisan approval Thursday to legislation to modify a new “paycheck protection” program for businesses that have suffered COVID-related losses, giving them more flexibili…
GOP lawyer fights California governor on stay-at-home orders
SACRAMENTO, Calif. (AP) — Long before Harmeet Dhillon became the leader of the legal fight against California's stay-at-home order, she was a new elementary school student in North Carolina uncomfortable because sh…