Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Renovated low-income housing unveiled in Grant County communities
QUINCY — A new-and-improved Quincy Manor apartment complex was unveiled at a ceremony Tuesday. “Today is not on…
Toyota's profit plunges as pandemic halves vehicle sales
TOKYO (AP) — Toyota’s profit plunged 74% in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the previous year.
Asia Today: Central Japan region put under virus emergency
TOKYO (AP) — A governor in central Japan announced a state of emergency Thursday because of rising virus cases and asked businesses and people to curb activities, especially during an upcoming holiday.
Hotels criticized for taking virus money face investigation
DALLAS (AP) — A group of hotels that took, and later returned, tens of millions of dollars in federal virus-bailout money are under investigation by securities regulators for transactions between companies in the g…
AAA: Partially automated driving systems don't always work
DETROIT (AP) — Two tests by AAA during the past two years show that partially automated driving systems don’t always function properly, so the auto club is recommending that car companies limit their use.
US cruises are off through October after infections overseas
With new coronavirus clusters sprouting aboard ships overseas, the U.S. cruise industry is extending its suspension of operations through October.
Trump says he'll listen to both sides on Alaska mine project
JUNEAU, Alaska (AP) — President Donald Trump said Wednesday he would “listen to both sides” after his eldest son and a campaign adviser urged him to intervene to block a proposed copper and gold mine in Alaska’s Br…
Facebook launches its new TikTok clone, Instagram Reels
Facebook's Instagram is officially launching its answer to the hit short video app TikTok —
US trade deficit drops in June on record rise in exports
WASHINGTON (AP) — The U.S. trade deficit fell in June for the first time since February as exports posted a record increase, rising twice as fast as imports.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery fell 24 cents to settle at $41.95 a barrel Thursday. Brent crude oil for October delivery fell 8 cents to $45.09 a barrel.
Treasury ramps up auctions as borrowing, virus surges
WASHINGTON (AP) — The Treasury Department will ramp up the size of the bonds and other securities it auctions across-the-board in the face of the unprecedented borrowing needs of the the U.S. government as cases of…
Survey: US companies cut back sharply on hiring in July
WASHINGTON (AP) — U.S. businesses sharply reduced hiring last month, suggesting that resurgent COVID-19 infections slowed the economic recovery as many states closed parts of their economies again and consumers rem…
Inside Big Tech: Pulling back the curtain with 'hot' email
WASHINGTON (AP) — The House Judiciary chairman was closing in on his Perry Mason moment with Facebook CEO Mark Zuckerberg. Fortified with “hot” internal company documents, Rep. Jerrold Nadler was building his case …
Disney, Monster Beverage rise; Teladoc, Nikola fall
NEW YORK (AP) —
Services sector index increases to 17-month high in July
WASHINGTON (AP) — Activity in the services sector, where most Americans work, hit a 17-month high in July but economists fear that may be unsustainable because of the failure in the U.S. to contain COVID-19 infecti…
Obama's Medicaid expansion keeps gaining ground under Trump
WASHINGTON (AP) — President Donald Trump is still trying to overturn “Obamacare,” but his predecessor's health care law keeps gaining ground in places where it was once unwelcome.