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…
The Latest: 900,000 in Finland download virus tracing app
COPENHAGEN, Denmark — Finnish health authorities said Tuesday that some 900,000 people have downloaded a coronavirus tracing app a day after it was launched.
Thai panel says officials impeded case against Red Bull heir
BANGKOK (AP) — A panel appointed by Thailand’s prime minister to look into the handling of the criminal case against an heir to the Red Bull energy drink fortune involving a fatal hit-and-run incident has found the…
Black former franchisees sue McDonald's for discrimination
More than 50 Black former McDonald’s franchise owners are suing the burger chain, saying the company steered them to less-profitable restaurants and didn’t give them the same support and opportunities given white f…
Samsung's Lee indicted over controversial 2015 merger
SEOUL, South Korea (AP) — South Korean prosecutors on Tuesday indicted Samsung heir Lee Jae-yong on charges of stock price manipulation and other financial crimes, setting up what could be a protracted legal battle…
The Latest: Children in Wuhan return to school
BEIJING — Children returned to school Tuesday in the central Chinese city of Wuhan, the original epicenter of the coronavirus epidemic that underwent months of lockdown but which has not seen new cases of local tra…
Lawyer: Families of MH17 victims want reparation for damages
SCHIPHOL, Netherlands (AP) — A lawyer for relatives of victims killed when Malaysia Airlines Flight 17 was shot down over eastern Ukraine in 2014 told trial judges Monday that the families want damages as a recogni…
May 24 trial set for Steve Bannon in fundraising fraud scam
NEW YORK (AP) — A May 2021 trial date was set Monday for Steve Bannon, President Donald Trump’s former chief strategist, on charges that he cheated donors to a group seeking to fund a southern border wall.
India’s economy contracts by 24%, worst in at least 24 years
NEW DELHI (AP) — India’s economy contracted by 23.9% in the April-June quarter, its worst performance in at least 24 years, the government announced Monday, as the coronavirus pandemic ravaged what was once the wor…
France accuses UK of stalling in post-Brexit trade talks
PARIS (AP) — On the cusp of a crucial month of negotiations on a post-Brexit trade deal between the European Union and the United Kingdom, France has lambasted the government of Prime Minister Boris Johnson for wha…
Chinese-born Australian CCTV journalist detained in China
CANBERRA, Australia (AP) — A Chinese-born Australian journalist working for Chinese state television has been detained by authorities in China, Australia's government says.
Argentina says it reaches deal to avoid debt default
BUENOS AIRES, Argentina (AP) — Argentina said Monday that private creditors have “massively” accepted an offer to restructure $65 billion in debt, allowing it to avoid another default and messy legal battle in inte…
Asian stocks fall back after Wall Street advances to record
BEIJING (AP) — Asian stock markets gave up early gains Monday after Wall Street turned in its fifth straight weekly gain and China’s manufacturing growth held steady.
UN labor body: Qatar 'dismantles' kafala employment system
DUBAI, United Arab Emirates (AP) — New labor rules in the energy-rich nation of Qatar “effectively dismantles” the country's long-criticized “kafala” employment system, a U.N. labor body said Sunday.
SC utility, Westinghouse agree to sell nuclear equipment
MONCKS CORNER, S.C. (AP) — South Carolina's state-owned utility has reached a settlement with the now bankrupt company hired to build two nuclear plants that were never completed to sell leftover equipment and supp…
Mitsubishi Motors executive behind Nissan alliance dies
TOKYO (AP) — Former Mitsubishi Motors Chief Executive Osamu Masuko, who engineered the Japanese automaker’s alliance with Nissan, has died. He was 71.