Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Fuel prices slightly elevated this week
MOSES LAKE — After weeks of steady increases, fuel prices across Washington and the nation largely held steady thi…
Court backs Trump expansion of cheap health insurance plans
WASHINGTON (AP) — A divided federal appeals court on Friday upheld the Trump administration’s expansion of cheaper short-term health insurance plans, derided by critics as “junk insurance,” as an alternative to the…
Federal Reserve expands lending program to nonprofit groups
WASHINGTON (AP) — The Federal Reserve has opened one of its lending programs to nonprofit groups, including hospitals, educational institutions, and social service organizations.
Wall Street ticks up; S&P 500 nets 3rd straight weekly gain
NEW YORK (AP) — Wall Street ticked higher Friday to close out its third straight winning week, one punctuated by hopes that the economy can continue to steady itself despite the pandemic.
Michigan wants Enbridge to pledge funds in case of oil spill
TRAVERSE CITY, Mich. (AP) — Michigan sought a written pledge Friday from Enbridge Inc. to cover costs that would arise if oil were to leak from its dual pipelines that extend across a channel linking two of the Gre…
Asia Today: China battles new outbreak in far west Xinjiang
BEIJING (AP) — The number of confirmed cases in a new coronavirus outbreak in China’s far west has risen to 17.
Elbows? Masks? Presents? Let this divisive EU summit begin!
BRUSSELS (AP) — At the start of one of the most daunting and divisive summits in recent history, the atmosphere among the European Union leaders was downright giddy.
CDC extends US ban on cruise ships through September
WASHINGTON (AP) — Federal health officials are extending the U.S. ban on cruise ships through the end of September as coronavirus infections rise in most U.S. states, including Florida.
June home construction jumps 17.3% when states reopened
SILVER SPRING, Md. (AP) — Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring's massive slowdown in building activity due to the coronavirus …
Personal assistant charged in dismembered tech CEO's killing
NEW YORK (AP) — A personal assistant arrested Friday in the death and dismemberment of a 33-year-old tech entrepreneur was believed to have owed his boss a “significant amount of money,” New York City police said.
EU tells US: Stop threatening our companies with sanctions
BRUSSELS (AP) — The European Union is warning the Trump administration to hold off threatening trade sanctions against EU companies involved in the completion of new German-Russian and Turkish-Russian natural gas p…
The Latest: Australia tries to contain outbreak to Melbourne
MELBOURNE, Australia — Australia’s Victoria state has reported a daily record of 428 new COVID-19 cases as authorities move to increase testing in the state to monitor for any spread of the coronavirus from the Mel…
IMF: U.S. economy will drop 6.6% in 2020 in face of pandemic
WASHINGTON (AP) — The International Monetary Fund predicted Friday that the U.S. economy will shrink 6.6% this year, pounded by the coronavirus and the lockdowns meant to contain it.
Pritzker: Illinois speaker 'must resign' if allegations true
CHICAGO (AP) — Gov. J.B. Pritzker said Friday that Illinois House Speaker Michael Madigan “must resign” if allegations of corruption are true against the fellow Democrat long considered the state’s most powerful la…
New studies clarify what drugs help, hurt for COVID-19
Fresh studies give more information about what treatments do or don’t work for COVID-19, with high-quality methods that give reliable results.
Chinese executives get 'pre-test' injections in vaccine race
BEIJING (AP) — In the global race to make a coronavirus vaccine, a state-owned Chinese company is boasting that its employees, including top executives, received experimental shots even before the government approv…