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…
Revel suspends NYC scooter service after 2nd fatal crash
NEW YORK (AP) — Ride-sharing scooter startup Revel said Tuesday it is suspending operations in New York City after a second fatal crash in less than two weeks.
'Second wave' virus fears strike blow to tourism industry
LONDON (AP) — Concerns over a “second wave” of coronavirus infections brought on by returning vacationers are wreaking havoc on Europe's tourism industry, particularly in Spain, following Britain's effective ban on…
McDonald's facing uneven recovery, 2Q sales down 30%
Business did improve for McDonald’s throughout the second quarter as restrictions lifted across the globe, but the fast food giant faces a bumpy — and expensive — recovery.
Fed extends lending programs as pandemic's impact lengthens
WASHINGTON (AP) — The Federal Reserve will extend seven of its emergency lending programs through the end of the year, an acknowledgement that the programs may be necessary for longer than was first thought as the …
Stocks drift lower on Wall Street as gold hovers near record
Stocks are drifting lower on Wall Street Tuesday following a mixed set of earnings reports from big U.S. companies.
Former CBS digital chief takes top job at Tinder
DALLAS (AP) — The one-time chief of digital media at CBS is the new CEO of Tinder.
US consumer confidence tumbles in July as COVID-19 spreads
WASHINGTON (AP) — U.S. consumer confidence tumbled in July to a reading of 92.6 as coronavirus infections spread in many parts of the country.
Altria expands sales of heated-cigarette as revenue slides
WASHINGTON (AP) —
Sharp drop for US consumer confidence in July, to 92.6, as coronavirus spreads
WASHINGTON (AP) — Sharp drop for US consumer confidence in July, to 92.6, as coronavirus spreads.
In reversal, CES gadget show won't be in-person after all
NEW YORK (AP) — CES, one of the world’s biggest technology conferences, will be a virtual event in January due to the coronavirus pandemic, a reversal from May when organizers said it would go on as a smaller gathe…
Pandemic hurts sales, profit for Pfizer amid restructuring
FAIRLESS HILLS, Pa. (AP) — Pfizer Inc. reported a 32% plunge in second-quarter profit, mainly due to the global coronavirus pandemic limiting marketing of and new prescriptions for its medicines, even as the drugma…
S&P CoreLogic Case-Shiller: US home prices rose 3.7% in May
WASHINGTON (AP) — U.S. home prices grew more slowly in May, but continued to show resilience in the face of the coronavirus outbreak.
Pandemic drives average age of cars in US to a record high
Drivers are holding on to cars and trucks longer during the coronavirus pandemic.
US home prices up 3.7% in May, down from 3.9% increase in April, led by 9% jump in Phoenix
WASHINGTON (AP) — US home prices up 3.7% in May, down from 3.9% increase in April, led by 9% jump in Phoenix.
Remington seeks bankruptcy for 2nd time in as many years
Remington Arms, weighed down by lawsuits and retail sales restrictions following the Sandy Hook school massacre, is seeking bankruptcy protection for the second time in as many years.