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…
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…
Outbreak at German slaughterhouse reveals migrants' plight
COESFELD, Germany (AP) — Big white trailers with pictures of juicy roasts and the wholesome slogan “Straight from the farmer” sit idle on the edge of Coesfeld, their usual pork hauls disrupted by an outbreak of cor…
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…
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…
Trump: Fed retiree fund should ban Chinese investments
WASHINGTON (AP) — The Trump administration has directed the U.S. federal employee retirement fund to scrap its plan to place more than $4 billion into Chinese investments, a move that comes as the president blames …
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.
Novavax, Vodafone rise; CommVault, BlackRock fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday:
Edmunds: Best used cars for under $15,000
Vehicle sales hit a record low in April as most Americans stayed home and countless dealerships closed due to the coronavirus crisis. But as a number of businesses begin to open, those who are in need of a vehicle …
Boeing goes another month without a single airliner order
Boeing failed to sell a single commercial airplane but saw orders for 108 planes canceled in April as a sharp drop in air travel erased any demand among airlines for new jetliners.
Coronavirus hits world superpowers as some look to reopen
As health officials issued warnings Tuesday against reopening economies too quickly, the coronavirus struck inside some of the world’s superpowers, with a top aide to Russian President Vladimir Putin diagnosed just…
UK tests use of drone to deliver supplies to hospitals
STUBBINGTON, England (AP) — Britain is testing the use of a car-sized drone to deliver medical supplies more quickly to hospitals and help ease pressure on the country’s health system during the new coronavirus cri…
US government sees record monthly deficit of $737.9 billion
WASHINGTON (AP) — The federal government piled up a record deficit in April, traditionally a month of big budget surpluses.