Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Ephrata council considers park and transportation fees for new developments
EPHRATA — The Ephrata City Council continued discussions Wednesday on whether to adopt new park and transportation…
Wisconsin secretary resigns amid unemployment claim backlog
MADISON, Wis. (AP) — The state Department of Workforce Development's top leader resigned Friday after failing to find a way to address a massive backlog of unprocessed unemployment benefit claims sparked by the cor…
The Latest: Jobless rate edges down to 11.4% in California
SACRAMENTO, Calif. — California’s unemployment rate fell to 11.4% in August amid its slow recovery from the pandemic’s damage to the economy.
US stocks fall as market decline extends for third week
Wall Street capped another turbulent week of trading Friday with a broad slide in stocks that left the S&P 500 with its third-straight weekly loss.
US Steel, Aptiv rise; NatWest Group, Roku fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Friday:
Massive damage of rare plants probed at Nevada mine site
RENO, Nev. (AP) — State and federal authorities are investigating the mysterious loss of a significant swath of a rare desert wildflower that’s being considered for federal protection at a contentious mine site in …
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for October delivery rose 14 cents to $41.11 a barrel Friday. Brent crude oil for November delivery fell 15 cents to $43.15 a barrel.
The Latest: Britain's Johnson sees 2nd wave; 4,322 new cases
LONDON -- British Prime Minister Boris Johnson says a second wave of coronavirus is coming, on a day when the government reported 4,322 new confirmed cases, the highest since early May.
USDA plans additional $14B for farmers reeling from virus
DES MOINES, Iowa (AP) — The federal government said Friday that it will give farmers an additional $14 billion to compensate them for the difficulties they have experienced selling their crops, milk and meat becaus…
California jobless rate falls with help of temporary jobs
SACRAMENTO, Calif. (AP) — A raft of temporary government jobs for the U.S. Census boosted California's economy in August as the state added 101,900 jobs as the unemployment rate fell below the high-water mark of th…
Emergency tents, restrictions back as virus spikes in Madrid
MADRID (AP) — Many residents in Madrid will need a reason to leave their neighborhoods and will face limitations on group gatherings even stricter than the ones in place as authorities moved Friday to try to rein i…
Mistake: Thousands told to return unemployment overpayment
BATON ROUGE, La. (AP) — A programming mistake caused more than 4,000 out-of-work Louisiana residents to get notices saying they’d been overpaid thousands of dollars in unemployment compensation and had to return th…
Watchdog: FAA not prepared to update jet evacuation rules
DETROIT (AP) — The Federal Aviation Administration hasn't updated standards for emergency airliner evacuations in nearly two decades, a period when travelers have increasingly had to deal with tighter aircraft seat…
New Jersey law seeks to stem pollution in minority areas
NEWARK, N.J. (AP) — Gov. Phil Murphy signed into law Friday a measure giving state regulators power to deny development permits to businesses whose operations pollute predominantly Black and other minority communit…
Drug shows promise in 1st largely minority COVID-19 study
A drug company said Friday that a medicine it sells to tamp down inflammation has helped prevent the need for breathing machines in hospitalized COVID-19 patients in the first large study that primarily enrolled Hi…
US stocks drift as another bumpy week of trading nears end
NEW YORK (AP) — Stocks are drifting in mixed trading on Wall Street Friday, as another zig-zag week for markets closes out following their abrupt loss of momentum this month.