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…
The Latest: China suspends flight from Abu Dhabi to Shanghai
BEIJING — China has suspended a flight from Abu Dhabi to Shanghai for a week after passengers on board tested positive for coronavirus.
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…
Lobster fisher's pro-Trump speech sets off political spat
PORTLAND, Maine (AP) — A Maine lobster fisher spoke in favor of President Donald Trump's trade policies during the Republican National Convention on Tuesday, earning a rebuke from the state's Democratic party, whic…
Environmental groups sue to block Alaska's Arctic drilling
ANCHORAGE, Alaska (AP) — Environmental groups filed lawsuits aimed at halting efforts by the Trump administration to open up wide swaths of Alaska’s Arctic to oil drilling.
The Latest: Marching bands allowed at games in West Virginia
CHARLESTON, W.Va. — West Virginia Gov. Jim Justice said Tuesday that marching bands will be allowed to perform at public school football games amid the coronavirus pandemic, reversing a governing body’s ruling from…
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 …
New COVID-19 mandates on health care facilities get pushback
WASHINGTON (AP) — Threatening fines and funding cut-offs, the Trump administration on Tuesday issued new COVID-19 requirements for nursing homes and hospitals, prompting immediate pushback from beleaguered industri…
Nordstrom's 2Q sales down 53% hurt by pandemic fallout
NEW YORK (AP) — Nordstrom Inc. on Tuesday reported a larger-than-expected loss and a 53% drop in sales for its fiscal second quarter, during which the pandemic forced the upscale department store chain to temporari…
UK government ditches advice on masks at English schools
LONDON (AP) — Following mounting pressure to change tack, the British government decided late Tuesday to ditch advice that high school students and staff in England don't need to wear face masks when schools reopen…
In big week, ABC's David Muir emerges as star of the summer
NEW YORK (AP) — In this pandemic season, ABC's David Muir has emerged as broadcast television's star of the summer.
S&P 500 shakes off a bumpy start, pushes to another record
NEW YORK (AP) — Stocks were mixed on Wall Street Tuesday, but gains were strong enough for tech companies and other pockets of the market to carry the S&P 500 to its fourth straight gain and another record high.
NTSB: Lawmaker in plane crash flew despite vision problems
An Alaska state lawmaker who was involved in a July midair collision that killed seven people was piloting his plane even though his medical flight certification was denied eight years ago because of vision problem…
How major US stock indexes fared Tuesday
Stock indexes closed mostly higher on Wall Street Tuesday, nudging the S&P 500 to another record high.
The top iPhone and iPad apps on App Store
Top Paid iPhone Apps:
J.M. Smucker, Amgen rise; Tiffany, Best Buy fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday: