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…
Walgreens taps former Rite Aid CEO as president of US unit
Walgreens has added the former leader of a rival it once tried to buy, as the drugstore chain works through a COVID sales slump, a major push into primary care and a looming CEO departure.
Trump eyes aquaculture boom, but environmentalists dig in
PORTLAND, Maine (AP) — President Donald Trump wants to dramatically expand aquaculture production in the United States, but a coalition of environmentalists believes his plan would be bad for the oceans, unnecessar…
Clarification: France-China story
PARIS (AP) — In a story published August 30, 2020, The Associated Press reported that Chinese Foreign Minister Wang Yi defended detention camps for mostly Muslim ethnic minorities in the Xinjiang region, brushing o…
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…
Walgreens picks former Rite Aid CEO to become next president
Walgreens has added the former leader of a rival it once tried to buy, as the drugstore chain works through a COVID sales slump, a major push into primary care and a looming CEO departure.
The Latest: Spanish prime minister discusses recovery plan
MADRID — Prime Minister Pedro Sánchez says the Spanish government is working on a post-pandemic recovery plan that aims to bring sustained annual economic growth higher than 2%.
Turkey accuses Greece of 'piracy' over eastern Mediterranean
ANKARA, Turkey (AP) — Turkey on Monday accused Greece of “piracy” and warned it will stand up to Athens’ alleged efforts to militarize islands near its coast, following claims that the neighboring country was build…
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…
Strike leader detained in Belarus as crackdown continues
KYIV, Ukraine (AP) — Belarus' authorities on Monday detained the organizer of a strike at a top industrial plant, part of a methodical effort to stifle weeks of protests demanding the resignation of the country's a…
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…
Liz Weston: Some remote workers may be in for tax surprise
If the pandemic caused you to relocate across state lines, even temporarily, the next surprise could be having to file an extra tax return and potentially pay more taxes.
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.
Italian economy shrank 12.8% in Q2, more than first thought
ROME (AP) — The Italian economy shrank by more than previously thought during the second quarter as a result of lockdown restrictions imposed to curb the coronavirus pandemic, official figures showed Monday.
Czech officials visit Taiwan as China threatens retaliation
TAIPEI, Taiwan (AP) — The Czech Republic's top legislator on Monday told an economic forum in Taiwan that freedom and democracy are the basis of prosperity, on the second day of a visit that has drawn vows of retal…
Global stocks mixed after Wall Street advances to record
BEIJING (AP) — Global stocks were mixed Monday after Wall Street turned in its fifth straight weekly gain and China’s manufacturing growth held steady.