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…
Amazon, Meritage Homes rise; Kohl's, Big Lots fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday:
UK, EU resume talks on future ties, as new deadline looms
BRUSSELS (AP) — Negotiations were to resume Tuesday on the future trade ties between the European Union and the United Kingdom after Brexit, with the Europeans insisting that important differences in the two sides'…
Trump signs only a portion of Iowa's disaster relief request
WEST DES MOINES, Iowa (AP) — President Donald Trump said he had signed an emergency declaration for Iowa to help supply federal money to help the state recover from an unusual wind storm that struck a week ago but …
Asia Today: 623 virus cases linked to South Korea church
SEOUL, South Korea (AP) — SEOUL, South Korea — South Korean health workers have found more than 600 coronavirus infections linked to a Seoul church led by a vocal opponent of the country’s president as officials be…
Walz administration keeps up fight against Line 3
MINNEAPOLIS (AP) — Gov. Tim Walz's administration said Tuesday it will appeal the latest approvals by state utility regulators for Enbridge Energy's plan to replace its old and corroding Line 3 crude oil pipeline a…
Dining out: 35 million meals claimed in UK discount plan
LONDON (AP) — Everyone, it seems, loves a discount especially when it's on the government's credit card.
Business Highlights
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US and China agree to double airline flights between them
WASHINGTON (AP) — The United States and China have agreed to double the number of airline flights that each other's airlines can operate between the countries, from four to eight per week.
Champagne makers fix harvest quotas, as virus kills the fizz
PARIS (AP) — French Champagne producers decided Tuesday to put unprecedented limits on the quantity of grapes they’ll harvest this year in hopes of propping up prices and containing damage from the coronavirus pand…
China considers imposing tariffs on Australian wine
CANBERRA, Australia (AP) — China on Tuesday launched an investigation into whether Australia is exporting wine at improperly low prices in a new dispute between major trading partners that could reduce access to th…
California avoids power outages but fires threaten homes
SAN FRANCISCO (AP) — Gov. Gavin Newsom declared an emergency Tuesday over wildfires burning throughout California amid excessive heat while the state’s power grid operator thanked customers for conserving energy in…
S&P 500 closes at a record, erasing last of pandemic losses
Wall Street clawed back the last of the historic, frenzied losses unleashed by the coronavirus, as the S&P 500 closed at an all-time high Tuesday. The benchmark index notched a modest 0.2% gain to beat its previous…
Greece: EU must step up response to Turkey's 'aggression'
NICOSIA, Cyprus (AP) — The European Union must step up its response to Turkey’s escalating “aggression” in the eastern Mediterranean because it’s directed against the entire 27-member EU and not just some member na…
Amazon continues to burn in 2020 despite promises to save it
NOVO PROGRESSO, Brazil (AP) — A year ago this month, the forest around the town of Novo Progresso erupted into flames — the first major blazes in the Brazilian Amazon's dry season that ultimately saw more than 100,…
How can Wall Street be so healthy when Main Street isn't?
NEW YORK (AP) — The stock market is not the economy.