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…
Air France, United Airlines to run limited flights to India
NEW DELHI (AP) — India's civil aviation authority has signed agreements with Air France and United Airlines to operate a limited number of flights to India in an interim arrangement during the coronavirus pandemic …
American Airlines, Twitter fall; Dell, Virgin Galactic rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
So much money, so little time to find deal at EU summit
BRUSSELS (AP) — As European Union leaders start pouring in early for a two-day summit starting Friday, all realize that rarely so much has been on the line.
US mortgage rates fall to record lows; 30-year at 2.98%
WASHINGTON (AP) — Average rates on long-term mortgages continue to fall to new record lows, as the key 30-year loan dropped below 3% for the first time in 50 years. The stagnant economic recovery in the face of the…
Business events scheduled for the coming week
Business events and economic reports scheduled for the coming week.
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.
EU court cancels US data-sharing pact over snooping concerns
The European Union’s top court ruled Thursday that an agreement that allows thousands of companies — from tech giants to small financial firms — to transfer data to the United States is invalid because the American…
How major US stock indexes fared Thursday
Wall Street drifted to a lower close Thursday after mixed reports on the economy highlighted its uncertain path, including one showing that layoffs continue at a stubbornly steady pace.
EU to meet face-to-face at summit to carve up $2.1 trillion
BRUSSELS (AP) — There are limits to videoconferencing: When there is a lot of money at stake, people like to look each other in the eye.
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…
Q&A: What's behind the Twitter Bitcoin hack?
OAKLAND, Calif. (AP) — Hackers broke into the Twitter accounts of world leaders, celebrities and tech moguls on Wednesday in one of the most high-profile security breaches in recent years, highlighting a major flaw…
Homeowners rush to refinance as 30-year rate falls below 3%
LOS ANGELES (AP) — With the 30-year mortgage rate falling this week below 3% for the first time in a half-century, more U.S. homeowners are likely to seize the chance to refinance their home loans.
Minister: No investors for Lebanon's ailing power sector
BEIRUT (AP) — Lebanon’s worsening economic crisis, which culminated with the tiny nation defaulting on its debt this year, is making it increasingly difficult to attract investors for the country’s ailing electrici…
J&J, after surprisingly strong 2Q, ups outlook for the year
Johnson & Johnson had a surprisingly strong second quarter and bumped up its 2020 forecast even after COVID-19 contributed to a 40% drop in U.S. medical device sales.
California salons say new closures threaten their survival
HUNTINGTON BEACH, Calif. (AP) — At the start of the year, Luis Lopez moved his barbershop to a bigger location with three more chairs and more than twice the rent. Then, when the coronavirus pandemic hit, he had to…