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 …
World's biggest shipper expects 25% drop in container demand
COPENHAGEN, Denmark (AP) — The world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, said Wednesday that it expects its transport volumes to drop by up to 25% in the second quarter as the world economy sl…
Fauci warns: More death, econ damage if US reopens too fast
WASHINGTON (AP) — The U.S. government’s top infectious disease expert issued a blunt warning Tuesday that cities and states could “turn back the clock” and see more COVID-19 deaths and economic damage alike if they…
Atlantic City voters keep their government amid pandemic
ATLANTIC CITY, N.J. (AP) — Atlantic City will fight its way through the coronavirus pandemic and attempt to rebuild its devastated casino-based economy under its current form of government.
Couples turn to `minimonies' to salvage wedding plans
NEW YORK (AP) — Couples trying to salvage weddings put on hold by the coronavirus are feeding a fresh trend in the bridal industry: the “minimony."
Children leave homes briefly as Turkey eases restrictions
ANKARA, Turkey (AP) — Parks filled with the sound of children on Wednesday as Turkey allowed kids ages 14 and under to leave homes for the first time in 40 days.
Sony's profits dive as stores, cinemas close during pandemic
TOKYO (AP) — Japanese electronics and entertainment company Sony Corp. reported Wednesday that its quarterly profit tumbled as the coronavirus pandemic delayed music and movie releases and disrupted product supply …
Indian LG plant lacked environmental clearance before leak
NEW DELHI (AP) — A plastics factory in India where a chemical gas leak killed 12 people and sickened hundreds more last week lacked federal environmental clearance but had been issued state permits to operate anywa…
New clusters pop up; Europe debates summer tourist season
BRUSSELS (AP) — New coronavirus clusters have appeared as nations struggle to balance reopening economies with preventing a second wave of infections and deaths, while in Europe, a debate erupted over the summer tr…
Mexico to reopen construction, mining, auto manufacturing
MEXICO CITY (AP) — Mexico’s top advisory body on the coronavirus pandemic said Tuesday it has issued guidelines that would allow for the re-opening of construction, mining, and car and truck manufacturing.
Asian shares track Wall Street retreat on virus rebound fear
Shares fell in Asia on Wednesday after Wall Street logged its biggest loss since the start of the month on worries about the downside of reopening the economy too soon.
Built for a global economy, Dubai now threatened by virus
DUBAI, United Arab Emirates (AP) — Dubai built a city of skyscrapers and artificial archipelagos on the promise of globalization, creating itself as a vital hub for the free movement of trade, people and money worl…
Vast cutbacks in jobs and spending before any summer rebound
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to national and global response, the work place and the spread of the v…
Supreme Court appears likely to reject Trump immunity claim
WASHINGTON (AP) — The Supreme Court on Tuesday appeared likely to reject President Donald Trump's claim that he is immune from criminal investigation while in office. But the court seemed less clear about exactly h…
New refugees struggle to find footing during pandemic
SALT LAKE CITY (AP) — Afghan refugee Mahmood Amiri arrived in the United States more than a month ago, but his children are still waiting for their first day at school. They have yet to go to a mosque to meet other…
Fed vows transparency in providing details on support
WASHINGTON (AP) — The Federal Reserve said Tuesday that each month it will publish the names of borrowers from two of the programs it has established to support the economy during the coronavirus pandemic.