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…
Best Buy, Silgan rise; Snap, FirstEnergy fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
Ohio governor supports nuclear bailout law despite scandal
COLUMBUS, Ohio (AP) — A nuclear plant bailout law should remain in place, Republican Gov. Mike DeWine said Wednesday, even as a bribery scandal involving one of the state’s most powerful lawmakers unfolded over the…
US says it will adopt global climate standards for aviation
The Trump administration said Wednesday that it plans to adopt aircraft emissions standards modeled on international ones, a move it says will not further reduce climate-damaging emissions from planes.
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.
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.
Petrochemical developer reaches pact with gas storage firm
CLEVELAND (AP) — A U.S. subsidiary of a Thailand-based company proposing to build a multibillion dollar petrochemical plant in Ohio announced Wednesday it is finalizing an agreement with a company to store liquid n…
The Latest: Florida adds nearly 10,000 new coronavirus cases
FORT LAUDERDALE, Fla. — Florida added 9,785 new confirmed cases Wednesday, bringing the total since March 1 to nearly 380,000.
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…
Outbreak at Iowa pork plant was larger than state reported
IOWA CITY, Iowa (AP) — The first confirmed coronavirus outbreak at an Iowa meatpacking plant was far more severe than previously known, with more than twice as many workers becoming infected than the state Departme…
As restaurants endure economic losses, others feel pain, too
WASHINGTON (AP) — Restaurants helped revive the U.S. economy after the Great Recession of 2007-2009.
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…
AP Exclusive: Migrant kids held in US hotels, then expelled
HOUSTON (AP) — The Trump administration is detaining immigrant children as young as 1 in hotels, sometimes for weeks, before deporting them to their home countries under policies that have effectively shut down the…
US sales of existing homes jump 20% after a 3-month slump
BALTIMORE (AP) — Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further…
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.
Stock gains are checked as US-China tensions escalate again
Stocks are edging higher on Wall Street in midday trading Wednesday, adding to the market's recent gains, as investors size up a mix of company earnings reports.