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…
Thai economy shrinks 12% in 2Q, worst decline in 22 years
BANGKOK (AP) — Thailand's economy contracted at a 12.2% annual rate in the April-June quarter, its sharpest downturn since the Asian financial crisis of the late 1990s.
1st Mediterranean cruise sets sail after virus tests
ROME (AP) — Cruise ship passengers had their temperatures checked and took COVID-19 tests Sunday so they could set sail on what is being billed as the first Mediterranean cruise after Italy's pandemic lockdown.
This Week: Home Depot, Target results, US home sales
A look at some of the key business events and economic indicators upcoming this week:
India ruling party denies preferential treatment by Facebook
NEW DELHI (AP) — Members of India's governing party on Monday rejected allegations that Facebook had chosen to turn a blind eye to partisan hate speech on its platform to protect its growing business interests in I…
Asia shares mixed after tech rally takes S&P 500 near record
Shares were mixed in Asia on Tuesday, after buying of technology stocks nudged the S&P 500 closer to the record high it set in February before the pandemic crunched the global economy.
Trump administration approves oil, gas leasing program for part of Alaska’s Arctic National Wildlife Refuge
ANCHORAGE, Alaska (AP) — Trump administration approves oil, gas leasing program for part of Alaska’s Arctic National Wildlife Refuge.
Canada's finance minister steps down amid pandemic
TORONTO (AP) — Canada’s finance minister announced his resignation Monday amid reports of differences with Prime Minister Justin Trudeau over government spending to protect the economy during the coronavrius pandem…
Iran: Fuel en route to Venezuela seized by US wasn't Iranian
TEHRAN, Iran (AP) — The cargo of four tankers seized by the United States last week en route to Venezuela was no longer Iranian property, Iran's oil minister said Monday, insisting that the U.S. had no right to con…
Virus pandemic reshaping air travel as carriers struggle
In a bid to survive, airlines are desperately trying to convince a wary public that measures like mandatory face masks and hospital-grade air filters make sitting in a plane safer than many other indoor settings du…
Italy garbage dips with virus lockdowns, but plastics rise
ROME (AP) — Italy produced 10% less garbage during its coronavirus lockdown, but environmentalists warn that increased reliance on disposable masks and packaging is imperiling efforts to curb single-use plastics th…
California power grid operator cancels rolling blackouts
SAN FRANCISCO (AP) — Widespread blackouts to reduce pressure on the electric grid were averted Monday night after regulators warned earlier in the day that they would not have enough power to meet demand in the mid…
Google says Australians could lose free search services
CANBERRA, Australia (AP) — Google warned on Monday that the Australian government’s plan to make digital giants pay for news content threatens users’ free services in Australia and could result in their data being …
The Latest: Coronavirus slams Japan's economy
TOKYO — Japan’s economy shrank at annual rate of 27.8% in April-June, the worst contraction on record, as the coronavirus pandemic slammed consumption and trade, according to government data released Monday.
Amid outcry, postmaster general to testify before House
WASHINGTON (AP) — Facing a public backlash over mail disruptions, the Trump administration scrambled to respond as the House prepared an emergency vote to halt delivery delays and service changes that Democrats war…
The Latest: South Korea says 457 cases linked to church
SEOUL, South Korea — South Korean health officials said Tuesday that they have found 457 coronavirus cases linked to a huge Seoul church led by a bitter critic of the country’s president, driving an alarming surge …