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…
Boy Scouts complain of misleading ads to solicit victims
DOVER, Del. (AP) — Attorneys for the Boy Scouts of America are asking a federal judge in Delaware to take action to protect survivors of child sexual abuse from being misled or confused by advertisements from law f…
Abbott, Abercrombie & Fitch rise; Coty, Greif fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Thursday:
Consultant to review utility CEO pay after Trump criticism
NASHVILLE, Tenn. (AP) — The Tennessee Valley Authority has hired a new independent consultant to take a fresh look into its executive compensation after President Donald Trump earlier this month blasted the CEO as …
Book-publishing exec Dawn Davis is new Bon Appetit editor
Book-publishing executive Dawn Davis is Bon Appetit's new top editor, taking the helm following a reckoning on race and culture at the food magazine.
Oil and gas industry assesses damage at refineries, plants
NEW YORK (AP) — The energy industry is assessing damage caused by storm surges and high winds as Hurricane Laura cut a dangerous path across the coastlines of Texas and Louisiana, making landfall early Thursday.
US detaining more migrant children in hotels despite outcry
HOUSTON (AP) — The Trump administration has sharply increased its use of hotels to detain immigrant children as young as 1 before expelling them from the United States during the coronavirus pandemic despite facing…
As virus rages, US economy struggles to sustain a recovery
WASHINGTON (AP) — Home sales are booming. Stocks are setting record highs. Industrial production is clambering out of the ditch it fell into early this year.
US long-term mortgage rates fall; 30-year at 2.91%
WASHINGTON (AP) — U.S. average rates on long-term mortgages fell this week, with historically low levels continuing to fuel demand for homes.
Putin: Russia is ready to provide security help to Belarus
MINSK, Belarus (AP) — Russian President Vladimir Putin warned that he stands ready to send police to Belarus if protests there turn violent but sees no such need now, while Belarusian police dispersed a protest in …
Walmart may join Microsoft in bid for video app TikTok
Walmart said Thursday it may join Microsoft to buy the U.S. business of TikTok, the popular Chinese-owned video app that has come under fire from the Trump administration.
Ex-UAW president charged with corruption in federal probe
DETROIT (AP) — A former president of the United Auto Workers union was charged with corruption Thursday, accused of conspiring with his successor and others to embezzle money for golf, vacation villas and fine dini…
UK freight train carrying diesel catches fire, derails
LONDON (AP) — About 300 people in Wales had to be evacuated after a freight train carrying large amounts of diesel caught fire and derailed, British Transport Police said Thursday.
Walmart partners with Microsoft in bid for TikTok with ownership of Chinese video app up for grabs
NEW YORK (AP) — Walmart partners with Microsoft in bid for TikTok with ownership of Chinese video app up for grabs.
Germany calls for end to east Mediterranean military drills
ANKARA, Turkey (AP) — Germany's foreign minister on Thursday called for an end to military drills taking place in the eastern Mediterranean to defuse tensions and create conditions for NATO allies Greece and Turkey…
Stocks rise after Fed says rates may stay low for longer
NEW YORK (AP) — Stocks are pushing further into record heights on Wall Street Thursday after the Federal Reserve made a