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…
N. Korea's Kim visits chicken farm, calls for improvements
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un has inspected a new chicken farm being built in a county south of capital Pyongyang and called for improvements to what he described as an outdated poultry …
Turkey rejects Greece accusation of Mediterranean violation
ANKARA, Turkey (AP) — Turkey on Wednesday rejected claims by Greece that its oil-and-gas research vessels were encroaching on Greek waters in the eastern Mediterranean and said it would continue to defend its legit…
NY Times promotes executive Meredith Kopit Levien to CEO
The New York Times Co. said Wednesday that it is promoting its chief operating officer, Meredith Kopit Levien, to CEO.
Asia Today: Australian state leader says sick not isolating
MELBOURNE, Australia (AP) — Australia’s hard-hit Victoria state reported a record 484 new COVID-19 cases on Wednesday and health authorities warned that numbers could continue to rise.
Fiat Chrysler, Iveco offices searched in emissions probe
FRANKFURT, Germany (AP) — Investigators searched offices of automaker Fiat Chrysler and truckmaker Iveco in Germany, Switzerland and Italy on Wednesday as part of an investigation into suspected illegal manipulatio…
US home sales jump 20.7% in rebound from 3-month slump, but shortage of properties for sale could hinder further gains
BALTIMORE (AP) — US home sales jump 20.7% in rebound from 3-month slump, but shortage of properties for sale could hinder further gains.
Shares mixed in Asia after Wall Street advance
MITO, Japan (AP) — Shares were mixed in Asia on Thursday, with the region’s biggest market in Tokyo closed for a four-day weekend.
Whitmer: Enbridge dodging responsibility for potential spill
TRAVERSE CITY, Mich. (AP) — Michigan Gov. Gretchen Whitmer criticized Enbridge Inc. on Wednesday for what she described as the company's refusal to make an airtight pledge to pay for damages caused by a potential o…
United sees revenue stalling at 50% without a virus vaccine
United Airlines executives said Wednesday that travel will rise when the number of new coronavirus cases drops but the airline's revenue will stall around 50% of pre-pandemic levels until there is a vaccine.
How major US stock indexes fared Wednesday
Stocks closed with solid gains on Wall Street Wednesday after a choppy day of trading that pulled indexes temporarily into the red.
US sanctions Chinese companies over Muslim abuse complaints
BEIJING (AP) — China said Tuesday it would take unspecified “necessary measures" after the U.S. government imposed trade sanctions on 11 companies it says are implicated in human rights abuses in China’s Muslim nor…
Tesla makes $104M profit in 2Q despite factory shutdown
DETROIT (AP) — Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter.
UK to open citizenship path to Hong Kongers from January
LONDON (AP) — Britain’s government announced Wednesday that it will open a new special pathway to obtaining U.K. citizenship for up to 3 million eligible Hong Kongers as of January, taking another step toward solid…
2 more ex-Wirecard managers arrested, ex-CEO back in custody
BERLIN (AP) — Two more former executives at bankrupt German payment company Wirecard were arrested on Wednesday in the fraud scandal that brought down the one-time tech star and its former CEO was taken back into c…
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…