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 …
Virus cases about 2M worldwide; few new hot spots
WASHINGTON (AP) — New York's coronavirus death toll topped 10,000 and the worldwide number of confirmed cases hovered around 2 million on Monday, even as the lack of fresh hot spots globally yielded a ray of optimi…
California orders insurance premium refunds during outbreak
SACRAMENTO, Calif. (AP) — California's insurance commissioner on Monday ordered some companies to refund premiums for March and April because of the coronavirus, issuing a broad directive that includes payments mad…
Royal Caribbean founder who helped grow field dies at age 90
MIAMI (AP) — Arne Wilhelmsen, a founder of Royal Caribbean Cruises who helped shape the modern cruise industry, has died. He was 90.
Carnival, American Airlines, fall; Marathon Oil, eBay rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
Abe fuels anger; more recovered South Koreans test positive
TOKYO (AP) — A “stay home” message tweeted by Japanese Prime Minister Shinzo Abe has fueled anger and accusations that he is insensitive toward people who cannot remain at home because the government’s social dista…
Workers sue McDonald's over harassment at Florida stores
Two McDonald’s workers in Florida are filing a $500 million class action lawsuit against the company, claiming a “systemic sexual harassment problem” at company-owned stores.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil fell $2.30, or 10.3%, to settle at $20.11 a barrel Tuesday. Brent crude oil, the international standard, fell $2.14, or 6.7%, to $29.60 a barrel.
A rare intervention by the US helped seal crucial OPEC deal
NEW YORK (AP) — As demand for fuel plummeted worldwide and the oil industry faced a devastating drop in oil prices, the U.S. took the rare move of stepping into negotiations involving the member countries of OPEC a…
'Absolute chaos' as businesses try to tap into rescue funds
NEW YORK (AP) — Desperate small business owners who hoped for a quick government lifeline to help them survive the coronavirus crisis are still without funds, instead battling red tape, wary banks and swamped compu…
Transit workers risking lives with little protective gear
NEW YORK (AP) — While many Americans are cloistered inside their homes, transit workers are out there making sure that other essential workers can get to their jobs. But they often lack the masks or gloves they nee…
IMF cancels debt payments for 6 months for 25 poor nations
UNITED NATIONS (AP) — The International Monetary Fund approved $500 million on Monday to cancel six months of debt payments for 25 of the world’s most impoverished countries so they can help tackle the COVID-19 pan…
The Latest: South Korea continues down trend in new cases
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe ill…
Virus closes some meat plants, raising fears of shortages
OMAHA, Neb. (AP) — Some massive meat processing plants have closed at least temporarily because their workers were sickened by the new coronavirus, raising concerns that there could soon be shortages of beef, pork …
AP Explains: India scrambles to curb virus after late start
NEW DELHI (AP) — Indian Prime Minister Narendra Modi extended the world’s largest coronavirus lockdown on Tuesday to head off the epidemic's peak, with officials racing to make up for lost time as the caseload cros…
The Latest: South Korea vice health minister urges alertness
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe ill…