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…
US rolls out free app for alerts on vehicle recalls
DETROIT (AP) — The U.S. government's road safety agency is offering a smartphone app that will alert drivers if their vehicles are recalled.
More Americans sign contracts to buy homes in July
SILVER SPRING, Md. (AP) — More Americans signed contracts to buy homes in July, suggesting the current hot housing market could continue in the fall.
Stocks open mostly higher after Fed says rates will stay low
NEW YORK (AP) — Stocks are opening mostly higher on Wall Street after the Federal Reserve said it would keep interest rates low even if inflation tops its 2% target. Fed Chair Jerome Powell announced the policy cha…
Masks imposed on Paris; 20% of France in virus red zone
PARIS (AP) — The virus is actively circulating in about 20% of France’s regions and masks will now be required for everyone in Paris starting Friday — but the government is determined to
Fed announces major policy change: Rates can stay ultra-low even after inflation has topped its 2% target level
WASHINGTON (AP) — Fed announces major policy change: Rates can stay ultra-low even after inflation has topped its 2% target level.
More than 1 million Americans file for unemployment, again
WASHINGTON (AP) — Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments…
Fed: Rates to stay ultra-low even after inflation picks up
WASHINGTON (AP) — The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates near zero even after inflation has exceeded its 2% target level.
U.S. economy plunged an annualized 31.7% in second quarter
BALTIMORE (AP) —
More companies pledge to give workers time to vote
A growing number of U.S. companies are pledging to give workers time off to vote in the presidential election this November, an effort that’s gaining steam despite the government’s reluctance to make Election Day a…
Serbia surprisingly joins EU in condemnation of Belarus vote
BELGRADE, Serbia (AP) — In a surprise move, Serbia has joined the European Union in its rejection of the election results in Belarus and criticism of a crackdown against those protesting against the country’s longt…
European flight safety agency to start 737 Max test flights
BERLIN (AP) — Europe's flight safety authority said Thursday it had scheduled the first flight tests for the Boeing 737 Max, which has been grounded worldwide after two deadly crashes revealed design issues with th…
FirstEnergy had big stake in tainted nuclear plant bailout
CLEVELAND (AP) — FirstEnergy Corp. was once blamed for its part in triggering North America's largest blackout nearly 20 years ago. Now, the multistate power company is again facing intense scrutiny — this time for…
UK's Liberal Democrat party elects Ed Davey as new leader
LONDON (AP) —
EU Commission chief says her team could face a reshuffle
BRUSSELS (AP) — The European Union's executive is emerging from its summer vacation down a key official and with an additional big problem on its hands.
Sometime soon, your car will park itself in urban garages
DETROIT (AP) — So after the coronavirus threat has passed, you head downtown for a baseball game.