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…
Blast hits pipeline in Syria, causing wide power outages
DUMAIR (AP) — An explosion early Monday struck a gas pipeline in a Damascus suburb, causing a huge fire and cutting off electricity throughout Syria, state media reported, citing the country's electricity and oil m…
Postal leader defends changes, denies 'sabotaging' election
WASHINGTON (AP) — Postmaster General Louis DeJoy told lawmakers Monday that he has warned allies of President Donald Trump that the president’s repeated attacks on the legitimacy of mail-in ballots are “not helpful…
Asia Today: South Korea sees 11th day of 3-digit increases
SEOUL, South Korea (AP) — South Korea counted its 11th straight day of triple-digit daily jumps in coronavirus cases Monday and health officials pleaded for people to follow guidelines or risk further restrictions …
The Latest: As virus spikes, S. Korea tightens restrictions
SEOUL, South Korea — South Korea counted its 11th straight day of triple-digit daily jumps in coronavirus cases as officials tighten social distancing restrictions nationwide to combat what they describe as the big…
Zoom glitches, briefly grinding US schools to a halt
NEW YORK (AP) — Teachers and parents got a brief glimpse of a new kind of pandemic-era nightmare Monday when Zoom — the video-conferencing service that powers everything from distance learning to business meetings …
Pipeline tunnel supporters, foes clash before Michigan panel
TRAVERSE CITY, Mich. (AP) — Keeping a 64-year-old oil pipeline in operation by running one portion through a proposed Great Lakes tunnel would safeguard the economy and energy supplies, supporters said Monday, whil…
Thousands allowed to bypass environmental rules in pandemic
Thousands of oil and gas operations, government facilities and other sites have won permission to stop monitoring for hazardous emissions or otherwise bypass rules intended to protect health and the environment bec…
Offshore oil and gas production is crimped by Gulf storms
Oil and gas production in the Gulf of Mexico was slowed Sunday by the approach of two storms that led companies to remove workers from more than 100 offshore platforms.
Norwegian fund drops Exxon, Chevron over climate lobbying
BERLIN (AP) — A Norwegian pension fund said Monday that it is divesting over $47 million from 27 companies, including Exxon and Chevron, as part of its commitment to combating climate change. The fund warned other …
China, US discuss economic coordination in trade meeting
BEIJING (AP) — U.S. and Chinese trade envoys discussed strengthening coordination of their countries' economic policies during a phone meeting Tuesday, the Ministry of Commerce announced.
Police in Belarus detain opposition activists amid protests
MINSK, Belarus (AP) — Police in Belarus on Monday detained several leading opposition activists as well as a handful of protesters taking part in a wave of demonstrations challenging the reelection of authoritarian…
Greece plans military exercise amid dispute with Turkey
ATHENS, Greece (AP) — Greece said Monday that its navy and air force will conduct military exercises in an area of the eastern Mediterranean where Turkey is prospecting for oil and gas as the neighboring countries …
UN: Global tourism lost $320 billion in 5 months from virus
UNITED NATIONS (AP) — The tourism global industry has been devastated by the coronavirus pandemic, with $320 billion lost in exports in the first five months of the year and more than 120 million jobs at risk, the …
Virus closures send Atlantic City casinos to $112M Q2 loss
ATLANTIC CITY, N.J. (AP) — The coronavirus outbreak sent Atlantic City's casinos plunging to a $112 million second quarter gross operating loss as the gambling houses remained closed for the entire three-month peri…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for October delivery rose 73 cents to $43.35 a barrel Tuesday. Brent crude oil for October delivery rose 73 cents to $45.86 a barrel.