Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Grant and Adams counties gas prices dip slightly as state, national averages rise
MOSES LAKE — Gas prices in Grant and Adams counties slipped slightly over the last week, even as Washington and na…
California men charged with $10M worldwide fraud scheme
SACRAMENTO, Calif. (AP) — Three California men were charged with running a phony securities scheme that defrauded investors around the world out of more than $10 million, authorities said Thursday.
Daimler lost $2.2 billion in Q2, sees signs of recovery
FRANKFURT, Germany (AP) — Daimler, the maker of Mercedes-Benz luxury cars and Freightliner trucks, lost 1.91 billion euros ($2.21 billion) in the second quarter as the coronavirus outbreak slashed sales of the comp…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery rose 22 cents to settle at $41.29 a barrel Friday. Brent crude oil for September delivery rose 3 cents to $43.34 a barrel.
OpenTable partners with colleges to manage student dining
OpenTable is partnering with colleges to help them manage dining areas as students return to campus during the coronavirus pandemic.
Nebraska got lethal injection drugs from Omaha-area pharmacy
LINCOLN, Neb. (AP) — The owner of a pharmacy that provided drugs to Nebraska for use in a 2018 execution expressed remorse Thursday for making the sale, but acknowledged that he knew prison officials wanted them fo…
Malaysia affirms social media users exempt from license rule
KUALA LUMPUR, Malaysia (AP) — Malaysia made an embarrassing U-turn on Friday after a minister sparked a furor over his announcement that all video production, including those on social media, must be licensed amid …
Asia Today: Tokyo sets virus case record as holiday begins
TOKYO (AP) — The city of Tokyo announced a record 366 new daily coronavirus cases on Thursday, exceeding 300 for the first time as Japan begins a four-day weekend with many people joining a tourism promotion campai…
Virus surge interrupts hopes for a swift economic recovery
The worsening COVID pandemic risks choking off the U.S. economy's fragile recovery and turn what some investors hoped would be a sprint back to normal into a long hard slog.
Ann Taylor owner files for Chapter 11 bankruptcy
NEW YORK (AP) — The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy protection on Thursday, the latest retailer to do so during the pandemic.
Twitter says hackers accessed Dutch politician's inbox
LONDON (AP) — Twitter says an elected Dutch official was among 36 account holders whose direct message inboxes were accessed in a recent high-profile hack.
White House drops payroll tax cut after GOP allies object
WASHINGTON (AP) — President Donald Trump on Thursday reluctantly dropped his bid to cut Social Security payroll taxes as Republicans stumbled anew in efforts to unite around a $1 trillion COVID-19 rescue package to…
Ritter Sport wins German court battle over square chocolate
BERLIN (AP) — A German federal court cleared the way Thursday for Ritter Sport to maintain its status as the only widely known square chocolate in its home market.
The Latest: S Korea baseball, soccer fans to return to games
SEOUL, South Korea — South Korea will allow baseball fans to return to the stands beginning Sunday under a phased process planned by health authorities to bring back spectators in professional sports amid the COVID…
How major US stock indexes fared Thursday
Stocks closed lower on Wall Street Thursday, undercut in part by a discouraging report showing that layoffs are picking up across the country along with confirmed new coronavirus cases.
Jobless claims rise as cutoff of extra $600 benefit nears
WASHINGTON (AP) — The nation got another dose of bad economic news Thursday as the number of laid-off workers seeking jobless benefits rose for the first time since late March, intensifying concerns the resurgent c…