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…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for October delivery rose 15 cents to $42.76 a barrel Tuesday. Brent crude oil for November delivery rose 30 cents to $45.58 a barrel.
Survey: China manufacturing logs feeble growth in August
BEIJING (AP) — China’s manufacturing activity held steady in August as domestic demand helped to offset weaker orders from exports markets that are struggling with the coronavirus pandemic, a survey showed Monday.
This Week: Earnings from Zoom, Macy's and Toro
A look at some of the key business events and economic indicators upcoming this week:
Hong Kong begins mass testing for virus amid public doubts
HONG KONG (AP) — Hong Kong tested more than 120,000 people for the coronavirus Tuesday at the start of a mass-testing effort that's become another political flash point in the semi-autonomous Chinese territory.
Huawei ends sports sponsor deal over Australia 'trade war'
CANBERRA, Australia (AP) — Chinese telecom giant Huawei is ending its oldest major sporting sponsorship deal, saying Monday it was breaking its contract with an Australian rugby league team after nine years because…
Facebook threatens to block news distribution in Australia
SAN FRANCISCO (AP) — Facebook threatened to
How major US stock indexes fared Monday
Stocks closed mostly lower on Wall Street Monday as the market gave back some of its recent gains following a five-week winning streak.
Greece: Threat of EU sanctions offers Turkey 'exit strategy'
ATHENS, Greece (AP) — Greece voiced hope Monday that the threat of sanctions from its European Union partners would convince Turkey to stop its offshore energy prospecting in contested eastern Mediterranean waters,…
Belarus strike leader jailed; opposition activist detained
KYIV, Ukraine (AP) — Belarus' authorities on Monday handed a jail sentence to a factory strike organizer and detained a leading opposition activist, part of a methodical effort to stifle weeks of protests against t…
The Latest: Philippines allows partial reopening in capital
MANILA, Philippines — Fitness gyms, barber shops and internet cafes were allowed to reopen partly in the Philippine capital Tuesday as the government further eased quarantine restrictions despite the country having…
Pandemic brings hard times for farmers, worsening hunger
The coronavirus pandemic has brought hard times for many farmers and has imperiled food security for many millions both in the cities and the countryside.
Zoom rides pandemic to another quarter of explosive growth
SAN RAMON, Calif. (AP) — Zoom’s videoconferencing service is deepening its integral role in life during the pandemic as tens of thousands more businesses and other users pay for subscriptions to get more control ov…
CDC has not reduced the death count related to COVID-19
The U.S. Centers for Disease Control and Prevention did not “backpedal” on the number of deaths caused by COVID-19, reducing the figure from nearly 154,000 to just over 9,000, as social media posts claimed.
Guilty plea in Hawaii woman's lobbying of Trump officials
HONOLULU (AP) — An American consultant pleaded guilty Monday in an illicit lobbying effort to get the Trump administration to drop an investigation into the multibillion-dollar looting of a Malaysian state investme…
Berkshire Hathaway takes stakes in Japanese trading houses
TOKYO (AP) — Billionaire investor Warren Buffett’s Berkshire Hathaway said Monday it has taken stakes of just over 5% in five major Japanese trading houses in what it says is a long-term investment.