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…
Californians dodge another round of blackouts amid heat wave
LOS ANGELES (AP) — Californians dodged another round of rolling blackouts Wednesday thanks to conservation measures as the searing heat wave roasting the West once again strained the state's electrical grid, offici…
'Let's roll': London's Heathrow urges testing at UK airports
LONDON (AP) — London's Heathrow Airport, the U.K.'s busiest, unveiled a new coronavirus testing facility Wednesday that it says could halve the length of time people have to stay at home after arriving from countri…
Old format, new problem: Biennial legislatures face COVID-19
CARSON CITY, Nev. (AP) — When the coronavirus pandemic hit, state legislators scrambled to authorize relief programs, review emergency protocols and rebalance their budgets amid plummeting revenue projections.
Poll: Pandemic shifts how consumers use gig companies
NEW YORK (AP) — When ride-hailing heavyweights Uber and Lyft and delivery giants Grubhub and Instacart began making shared rides and meals available with a few taps on a smartphone, they transformed the way people …
The Latest: South Korea has 3rd day of 200-plus new cases
SEOUL, South Korea — South Korea has reported 288 new confirmed cases of the coronavirus — its third straight day of over 200 as health authorities scramble to slow an outbreak in the region around the capital.
Target, Momenta Pharmaceuticals rise; BioMarin, TJX fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday:
How can Wall Street be so healthy when Main Street isn't?
NEW YORK (AP) — The stock market is not the economy.
Airbnb files preliminary paperwork for public stock offering
Airbnb filed preliminary paperwork to sell company stock on Wall Street, undaunted by a global pandemic that has taken some wind out of its home-sharing business.
FedEx cargo jet makes emergency landing in Los Angeles
LOS ANGELES (AP) — A FedEx cargo jet made an emergency landing at Los Angeles International Airport before dawn Wednesday with sparks flying as the engine under its left wing appeared to drag along the runway.
Target sales surge as Americans lean on big box stores
NEW YORK (AP) — Target reported the largest quarterly sales growth, including an online sales spike, in its 58-year-history, the latest evidence that Americans are consolidating their trips to big box stores and pi…
DIY projects ramp up in pandemic, and so do sales at Lowe's
Home improvement retailer Lowe's Cos. became the latest big box retailer to report surging sales during the fiscal second quarter as Americans are finding more ways to improve their home during the pandemic.
Weather Channel app to change practices after LA lawsuit
LOS ANGELES (AP) — The operator of The Weather Channel mobile app has agreed to change how it informs users about its location-tracking practices and sale of personal data as part of a settlement with the Los Angel…
FDA blocks much-anticipated BioMarin hemophilia gene therapy
FAIRLESS HILLS, PA (AP) — Investors fled drug developer BioMarin in droves on Wednesday, driving shares down by a third after U.S. regulators rejected the company’s potentially game-changing hemophilia A gene thera…
Hong Kong government slams US decision to suspend treaties
HONG KONG (AP) — The Hong Kong government on Thursday condemned the U.S. decision to suspend extradition and tax exemption treaties with the semi-autonomous Chinese city, saying it was being used as a pawn in geopo…
N.C. political donor gets 7 years in prison, Hayes probation
CHARLOTTE, N.C. (AP) — A major political donor convicted of attempting to bribe a North Carolina elected official to secure preferential regulatory treatment for his insurance business was sentenced Wednesday to mo…