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…
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Bed Bath & Beyond cuts 2,800 jobs in restructuring move
NEW YORK (AP) — Bed Bath & Beyond said Tuesday that it's cutting 2,800 jobs at its corporate headquarters and stores — about 5% of its overall workforce — as the troubled home goods retailer looks to pivot more of …
Secretive Palantir lifts veil before Wall Street stock sale
BOSTON (AP) — Palantir Technologies Inc., a data-mining company with deep ties to U.S. intelligence and military agencies, has shed a good deal of its trademark secrecy about its business in filing for a Wall Stree…
The Latest: SKorea reports highest new virus total in months
SEOUL, South Korea -- South Korea has reported 441 new cases of the coronavirus, its highest single-day total in months, as fears grow that lockdown-like restrictions are becoming inevitable as transmissions slip o…
Australia seeks more control over deals with foreign states
CANBERRA, Australia (AP) — The Australian government has drafted new laws that would cancel international deals struck by lower tiers of governments with foreign states that are not in Australia’s interests, offici…
Rapid $5 coronavirus test doesn't need specialty equipment
WASHINGTON (AP) — The Food and Drug Administration on Wednesday authorized the first rapid coronavirus test that doesn’t need any special computer equipment to get results.
Google location-tracking tactics troubled its own engineers
Google's own engineers were troubled by the way the company secretly tracked the movements of people who didn't want to be followed until
The Latest: College suspends students after weekend party
PLATTSBURGH, N.Y. — A New York state university suspended 43 students Wednesday after a party on Lake Champlain, the latest school to clamp down on students for ignoring coronavirus restrictions.
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.
More blowout profits from tech companies push S&P 500 higher
More blowout profit reports from big tech companies pushed the S&P 500 to an all-time high Wednesday.
EU trade chief Hogan resigns over COVID rules controversy
BRUSSELS (AP) — The European Union's top trade official resigned late Wednesday after he became embroiled in a controversy over a recent trip home to Ireland and questionable adherence to COVID-19 rules.
EU Trade Commissioner Phil Hogan resigns after controversy over observance of COVID-19 restrictions during holiday
BRUSSELS (AP) — EU Trade Commissioner Phil Hogan resigns after controversy over observance of COVID-19 restrictions during holiday.
Oil industry shuts platforms, rigs, refineries before storm
NEW YORK (AP) — The energy industry braced Wednesday for catastrophic storm surges and winds as Hurricane Laura cut a dangerous path toward the coastlines of Texas and Louisiana.
Huawei, ZTE lose patent appeal cases at UK Supreme Court
LONDON (AP) — Britain’s Supreme Court has dismissed two appeals by Chinese telecoms firms Huawei and ZTE over mobile data patent disputes.
The Latest: NCarolina St students go home because of virus
RALEIGH, N.C. -- North Carolina State University told students remaining in university housing to go home Wednesday, acknowledging a rising number of coronavirus clusters occurring in both on-campus and off-campus …