Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Dryer vent cleaning is important -- but often overlooked
MOSES LAKE — Not all the maintenance a house needs is visible. Sometimes a potential problem just goes unnoticed u…
Sony's profit up as people staying home play video games
TOKYO (AP) — Japanese electronics and entertainment company Sony Corp. said Tuesday that its April-June profit jumped 53% as its video game and other online businesses thrived with people staying home due to the co…
California virus cases underreported, health official says
LOS ANGELES (AP) — Figures showing California has slowed the rate of coronavirus infections may be in doubt because a technical problem has delayed reporting of test results, the state's top health official said.
Booking.com cuts workforce by thousands as travel atrophies
Booking.com is laying off a quarter of its workforce — more than 4,000 people — with the global pandemic snuffing out travel.
Ex-UAW chief says GM bribery claims are 'utterly baseless'
DETROIT (AP) — Former United Auto Workers President Ron Gettelfinger is denying claims by General Motors that he took bribes paid into foreign bank accounts by Fiat Chrysler in order to stick GM with higher labor c…
UK competition watchdog approves Amazon stake in Deliveroo
LONDON (AP) — Britain’s competition watchdog has approved Amazon’s plan to buy a stake in food delivery company Deliveroo, saying the deal would not hurt competition.
Questions being raised after Kodak's stock has a big moment
Eastman Kodak's potentially lucrative deal to help the U.S. government make more generic drugs domestically is threatening to turn into a regulatory headache for the fallen photography giant.
Asia shares mixed amid jitters over US stimulus, China trade
BEIJING (AP) — Asian stock markets were mixed Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing.
Ford COO Jim Farley to lead company, CEO Hackett to retire
DETROIT (AP) — Jim Farley will lead Ford Motor Co. into the future as the global auto industry faces a new era of autonomous and electric vehicles.
New York Fed: Black-owned business hard hit by pandemic
WASHINGTON (AP) — Black-owned businesses have been almost twice as likely to fail as businesses overall during the current pandemic, according to a study released Tuesday by the Federal Reserve Bank of New York
Trump nursing home plan limits supply of free COVID-19 tests
WASHINGTON (AP) — The Trump administration's plan to provide every nursing home with a fast COVID-19 testing machine comes with an asterisk: The government won't supply enough test kits to check staff and residents…
NBCUniversal laying off workers amid pandemic pain
Comcast’s NBCUniversal is having company-wide layoffs, a spokeswoman confirmed.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery rose 49 cents to settle at $42.19 a barrel Wednesday. Brent crude oil for October delivery rose 74 cents to $45.17 a barrel.
Beyond Meat's 2Q sales jump as more try plant-based burgers
More people are throwing plant-based burgers on the grill this summer.
Record heat, politics inflame Iraq's electricity shortages
BASRA, Iraq (AP) — In Iraq’s oil-rich south, the scorching summer months pose painful new choices in the age of the coronavirus: stay at home in the sweltering heat with electricity cut off for hours, or go out and…
Ford Chief Operating Officer Jim Farley to take CEO spot effective Oct. 1; Jim Hackett to retire.
DETROIT (AP) — Ford Chief Operating Officer Jim Farley to take CEO spot effective Oct. 1; Jim Hackett to retire.