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…
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…
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…
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,…
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.
Delta, American join United in dropping most US change fees
This could be the final boarding call for the $200 ticket-change fee that has enraged so many U.S. airline travelers over the past decade.
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…
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.
Yum China, Aimmune rise; Regis, Walmart fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday:
Stocks end a bumpy day mostly lower, still notch August gain
Stocks ended lower on Wall Street Monday, but the market still closed out August with its fifth monthly gain in a row.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for October delivery fell 36 cents to $42.61 a barrel Monday. Brent crude oil for November delivery fell 53 cents to $45.28 a barrel.
The Latest: WHO official warns against reopening too quickly
GENEVA — The head of the World Health Organization is warning that opening up societies too quickly amid the coronavirus pandemic is a “recipe for disaster.”
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.
Pandemic tests shopper loyalty for clothing brands
NEW YORK (AP) — When Archie Jafree heard that Lord & Taylor filed for Chapter 11 bankruptcy in early August, he was sad about the fate of the storied retailer with roots dating back to 1824.
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…
Feds to pay South Carolina $600M in plutonium removal deal
COLUMBIA, S.C. (AP) — After years of legal disputes, officials with the U.S. Department of Energy and South Carolina have inked a $600 million settlement over the storage of plutonium at a former nuclear weapons pl…