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…
Sales of new homes rise 13.9% in July, far more than thought
SILVER SPRING, Md. (AP) — Sales of new homes jumped again in July, rising 13.9% as the housing market continues to gain traction following a spring downturn caused by pandemic-related lockdowns.
US consumer confidence falls for second straight month in August, to reading of 84.8
WASHINGTON (AP) — US consumer confidence falls for second straight month in August, to reading of 84.8.
S&P CoreLogic Case-Shiller: US home prices rise 3.5% in June
WASHINGTON (AP) — U.S. home prices rose at a slightly slower pace in June, but the U.S. housing market continued to show resilience in the face of the coronvavirus pandemic.
The Latest: Spanish PM offers military for contact tracing
MADRID — Spanish Prime Minister Pedro Sánchez has offered officials running the country’s 17 regions help from the military to conduct coronavirus contact tracing.
AP-NORC poll: Many in US shoring up finances amid downturn
WASHINGTON (AP) — It's the paradox of a pandemic that has crushed the U.S. economy: 12.9 million lost jobs and a dangerous rash of businesses closing, yet the personal finances of many Americans have remained stron…
Burger King operator in China fined over expired ingredients
BEIJING (AP) — The operator of six Burger King outlets in southern China that used expired ingredients has been required to pay more than $400,000 in a case publicized by state TV, a regulator announced Tuesday.
Facebook blocks group that discusses Thai monarchy
BANGKOK (AP) — Facebook has blocked in Thailand a group with more than a million members that engages in open discussion about the Thai monarchy, an institution that is staunchly protected from criticism by strict …
Swiss team claims 1st jump, free fall from solar plane
BERLIN (AP) — A Swiss team working to take a solar-powered plane to the edge of space says it has performed the first jump and free fall from an electric aircraft.
Alibaba's Ant Group files for IPO in Hong Kong, Shanghai
HONG KONG (AP) — Ant Group, the financial technology arm of Chinese e-commerce giant Alibaba Group, on Tuesday filed for a dual listing in Hong Kong and Shanghai, in what may be the largest share offering since the…
Germany's record contraction in Q2 slightly less than feared
BERLIN (AP) — The German economy, Europe's biggest, shrank by slightly less than originally estimated during the second quarter, the country's official statistics agency said Tuesday — though the 9.7% drop was stil…
Credit Suisse to shut 37 bank branches in Switzerland
BERLIN (AP) — Swiss bank Credit Suisse said Tuesday that it plans to close 37 branches in its home country as part of an effort to streamline its business, and said that some job cuts are inevitable.
Asia Today: South Korea closes many schools again amid surge
SEOUL, South Korea (AP) — South Korea is closing schools and returning to remote learning in the capital region as the country counted its 12th straight day of triple-digit daily increases in coronavirus cases.
Scotland's handling of virus boosts support for independence
EDINBURGH, Scotland (AP) — There is wide agreement that Britain’s devastating coronavirus outbreak has been met by strong, effective political leadership. Just not from Prime Minister Boris Johnson.
Greece: 1 killed, 3 hurt in engine-room blast on ferry
ATHENS, Greece (AP) — A crew member has died and three others were injured following an engine-room explosion Monday on a ferry at Iraklio port on the Greek island of Crete.
XBiotech, AstraZeneca rise; Churchill Downs, Gilead fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday: