Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Farmworker wage complaints in WA caught in state agency backlog, report finds
Over half of farmworker wage complaints Washington’s Department of Labor and Industries received last year went un…
The Latest: SKorea holds leader of church with virus cluster
SEOUL, South Korea — South Korean prosecutors have arrested the elderly leader of a secretive religious sect as part of an investigation into allegations the church hampered the government’s anti-corfonavirus respo…
Fitch lowers its outlook on US credit rating to 'negative'
WASHINGTON (AP) — Fitch has lowered the outlook for its U.S. government credit rating to “negative” from “stable” due to soaring budget deficits, but the agency is keeping its overall rating at the highest AAA leve…
The Latest: Lockdown resumes in western Libya for pandemic
CAIRO — The internationally recognized Libyan government based in Tripoli has reinstated a total lockdown for at least five days to curb the growing coronavirus outbreak in the war-torn country.
How major US stock indexes fared Friday
Big Tech continues to steamroll through the pandemic, and strong gains for some of the market’s most influential companies on Friday helped Wall Street close out its fourth straight winning month.
Tech giants lead gains as S&P 500 closes 4th winning month
NEW YORK (AP) — Big Tech continues to steamroll through the pandemic, and strong gains for some of the market’s most influential companies on Friday helped Wall Street close out its fourth straight winning month.
Plug it in: Electric car charging station numbers are rising
DETROIT (AP) — When the electric car revolution arrives, will there be enough places to plug in?
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery rose 35 cents to settle at $40.27 a barrel Friday. Brent crude oil for September delivery rose 37 cents to $43.31 a barrel.
Trump, GOP soften on opposition to $600 jobless benefit
WASHINGTON (AP) — The White House and its GOP allies appear to be retreating from their opposition to a $600-per-week supplemental unemployment benefit that has propped up the economy and family budgets but is expi…
The Latest: Dr. Fauci dismisses Trump tweet on virus cases
WASHINGTON — Dr. Anthony Fauci dismissed a tweet by Donald Trump claiming the U.S. global lead in coronavirus cases is because of increased testing.
Spirit Airlines warns of layoffs, ExpressJet's fate in doubt
Spirit Airlines has warned up to 30% of its employees that they will lose their jobs in October, and regional carrier ExpressJet's future is in doubt after losing a key contract as the virus pandemic continues to h…
US sinks another $2.1 billion into a potential vaccine
LONDON (AP) — Pharma giants GlaxoSmithKline and Sanofi Pasteur have announced they will supply 100 million doses of an experimental COVID-19 vaccine to the United States as governments buy up supplies in hopes of s…
Minnesota company gets most aid in Iowa hog disposal program
IOWA CITY, Iowa (AP) — One influential pork company has received most of the money from an Iowa program designed to support farmers who euthanized their hogs after the coronavirus devastated their industry, newly r…
The Latest: Dr. Fauci: Any crowd without masks is virus risk
WASHINGTON — Dr. Anthony Fauci is fighting back against questioning from a Republican lawmaker over whether recent protests increased the spread of coronavirus.
Oil giants lost billions as pandemic crushed demand for fuel
NEW YORK (AP) — Two American oil giants lost more than $9 billion in the second quarter as the pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need for oil diminishe…
The Latest: Dr. Fauci: Thousands signing up for virus trials
WASHINGTON — Dr. Anthony Fauci testified says 250,000 people have registered on a National Institutes of Heath website to take part in experimental vaccine trials.