Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
After lengthy discussion, Royal City food truck ordinance approved
ROYAL CITY — After more than a year of discussion, Royal City has a revised ordinance governing food trucks. “T…
Samsung touts $2,000 foldable phone as a 'VIP' experience
SAN RAMON, Calif. (AP) — Samsung's second attempt at a foldable smartphone will come with a $2,000 price tag and a few elite perks aimed at affluent consumers still able to afford the finer things in life during to…
A room with a view? We're looking for one with a door.
Without warning last spring, millions of parents found themselves working from home while their kids attempted to do schoolwork under the same roof. The changes happened so quickly that families — especially those …
Uber to require that passengers provide face-mask selfies
SAN FRANCISCO (AP) — Mask slackers will now have to provide photographic proof they're wearing a face covering before boarding an Uber.
Philippines won’t support US blacklisting of Chinese firms
MANILA, Philippines (AP) — President Rodrigo Duterte will allow Chinese companies to participate in infrastructure projects in the Philippines even if they are blacklisted by the United States, his spokesman said T…
Zoom stock surges, market value tops Boeing, Starbucks
NEW YORK (AP) — A Zoom call has become an integral part of daily life during the coronavirus pandemic. On Tuesday, Wall Street acknowledged as much by boosting the videoconferencing company's market value above tha…
GM, Ford complete US contracts to build breathing machines
DETROIT (AP) — General Motors says it has finished making 30,000 medical breathing machines for the U.S. government to help treat coronavirus patients.
German parliament set to hold inquiry on Wirecard scandal
BERLIN (AP) — German opposition parties plan to trigger a parliamentary inquiry into the downfall of bankrupt payment company Wirecard, a development that could be uncomfortable for the government ahead of an elect…
Thai finance minister quits 1 month after appointment
BANGKOK (AP) — Thailand’s finance minister resigned unexpectedly Tuesday after less than a month in the job, in which he was responsible for helping restore an economy slammed by the coronavirus.
The Latest: Berlin protesters must wear masks to curb virus
BERLIN -- Authorities in Berlin say protesters must wear face masks to curb the spread of the coronavirus after a demonstration where thousands ignored social distancing rules last weekend.
Tesla announces plans to sell up to $5B in new stock shares
DETROIT (AP) — A day after its 5-for-1 stock split took effect, Tesla announced plans Tuesday to sell up to $5 billion worth of common shares.
Turkey renews call for dialogue, sharing of resources in Med
ANKARA, Turkey (AP) — Turkey’s foreign minister said Tuesday his country favors a dialogue with rival Greece that would lead to the fair sharing of resources in the eastern Mediterranean, where the two countries ar…
China blocks Australian supplier's barley amid trade spats
BEIJING (AP) — China suspended barley imports from an Australian supplier on Tuesday amid spreading trade disputes between the two sides.
Dubai, hit hard by virus, returns to global financial market
DUBAI, United Arab Emirates (AP) — Dubai is tapping the global financial market to potentially raise billions of dollars for the first time in years, a new bond prospectus shows, revealing the deepening toll of the…
German government sees smaller economic decline this year
BERLIN (AP) — The German economy, Europe's biggest, is performing better than expected following the easing of coronavirus lockdown restrictions, the government said Tuesday, as it issued a slightly more optimistic…
India eases virus restrictions as cases near 3.7 million
NEW DELHI (AP) — Many Indian states eased lockdown restrictions on Tuesday, allowing more businesses and public areas to reopen to reduce economic pain caused by the coronavirus, even as the country's new daily inf…