Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Looking good
MOSES LAKE — It takes a lot of training to make people look their best. “(A license to do) nails is 600 hours (…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for August delivery fell 45 cents to settle at $40.75 a barrel Thursday. Brent crude oil for September delivery fell 42 cents to $43.37 a barrel.
Hogan announces $501M unemployment insurance fraud case
ANNAPOLIS, Md. (AP) — Maryland uncovered a massive criminal enterprise involving identity theft and more than 47,500 fraudulent unemployment insurance claims in the state adding up to more than $501 million, Gov. L…
Prominent Twitter accounts including Barack Obama, Joe Biden and Bill Gates were hacked in an apparent bitcoin scam
SAN FRANCISCO (AP) — Prominent Twitter accounts including Barack Obama, Joe Biden and Bill Gates were hacked in an apparent bitcoin scam.
Business Highlights
___
OPEC and allies to ease cuts, allow more oil production
NEW YORK (AP) — Ministers from the OPEC cartel have agreed to allow more oil to flow from the taps, saying demand for oil is growing as economies take steps to reopen.
Rising virus totals force rethink of bars, schools, tourism
MITO, Japan (AP) — Bars may be off the menu and many schools look set to remain closed for months to come as the new coronavirus causes more illness and death in many countries and the U.S. South and West.
US bars Pakistani flights after pilot-license scandal
WASHINGTON (AP) — The United States downgraded the safety rating of Pakistan's aviation system and will block Pakistan's airlines from launching service to the U.S.
How major US stock indexes fared Wednesday
Stocks closed broadly higher on Wall Street Wednesday amid fresh hopes for a COVID-19 vaccine.
US warns firms about sanctions for work on Russian pipelines
WASHINGTON (AP) — The Trump administration on Wednesday hardened its efforts to prevent the completion of new German-Russian and Turkish-Russian natural gas pipelines by warning companies involved in the projects t…
Without waiter jobs, what happens to creative New York?
NEW YORK (AP) — It’s been the story for many a starry-eyed creative type looking for a big break in the Big Apple — wait tables to pay the bills while auditioning, performing, singing, painting, dancing, writing, w…
Trump reins in major environmental law to speed big projects
ATLANTA (AP) — President Donald Trump announced Wednesday that he is rolling back a foundational Nixon-era environmental law that he says stifles infrastructure projects, but that is credited with keeping big const…
Court asked to stop work at Formosa Plastics' Louisiana site
NEW ORLEANS (AP) — Opponents of a Taiwan-based company’s plans for a $9.4 billion plastics complex asked a federal judge on Tuesday to stop work at the site in Louisiana.
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…
US to hit Huawei employees with visa bans for rights abuses
WASHINGTON (AP) — The Trump administration said Wednesday it will impose travel bans on employees of the Chinese technology giant Huawei and other Chinese companies the U.S. determines are assisting authoritarian g…
The Latest: 2 more big Calif cities keeping schools shut
SAN FRANCISCO — San Francisco and Sacramento have become the latest cities in California to announce that public school students will not return to classrooms when the new term begins because of surges in coronavir…