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…
Production workers in Maine agree to new contract, end monthslong strike at 1 of US Navy’s biggest shipbuilders
BATH, Maine (AP) — Production workers in Maine agree to new contract, end monthslong strike at 1 of US Navy’s biggest shipbuilders.
Taiwan says Alibaba-linked e-commerce site a security risk
TAIPEI, Taiwan (AP) — Taiwan declared an e-commerce platform linked to China's Alibaba Group a potential security risk and told its operator Monday to register as a company from the rival mainland or dispose of its…
Consultant charged in covert lobbying of Trump officials
WASHINGTON (AP) — An American consultant has been charged in an illicit lobbying effort to get the Trump administration to drop an investigation into the multibillion-dollar looting of a Malaysian state investment …
Asia stocks rise, spurred by hopes for COVID treatment
TOKYO (AP) — Asian shares were mostly higher Tuesday as investors hung onto hopes the coronavirus pandemic may come under control as treatments get developed.
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…
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…
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 …
Business Highlights
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XBiotech, AstraZeneca rise; Churchill Downs, Gilead fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday:
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for October delivery rose 28 cents to $42.62 a barrel Monday. Brent crude oil for October delivery rose 78 cents to $45.13 a barrel.
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…
Corps: Alaska mine would have adverse impacts on salmon site
ANCHORAGE, ALASKA (AP) — A proposed gold and copper mine at the headwaters of the world’s largest sockeye salmon fishery in Alaska would cause “unavoidable adverse impacts,” the U.S. Army Corps of Engineers said in…
The Latest: Greek school teachers prepare for protest march
ATHENS, Greece — Greek state school teachers angry at government plans to reopen schools next month have called a protest march in central Athens Tuesday with a string of demands – several of which the education mi…
TikTok sues Trump over his pending order to ban its app
NEW YORK (AP) — Video app TikTok is
Defiant DeJoy says he won't restore mail-sorting machines
WASHINGTON (AP) — Postmaster General Louis DeJoy refused requests by Democrats on Monday to restore mail-sorting machines or mailboxes removed from service as part of sweeping operational changes at the Postal Serv…