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…
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…
China's economy rebounds to 3.2% growth in latest quarter as anti-virus controls ease
BEIJING (AP) — China's economy rebounds to 3.2% growth in latest quarter as anti-virus controls ease.
Latin America faces 'lost decade' from coronavirus GDP drop
MEXICO CITY (AP) — The Economic Commission for Latin America and the Caribbean said Wednesday the region’s per-capita gross domestic product is likely to drop by 9.9% in 2020 due to the coronavirus pandemic.
Confirmed US virus cases rise amid new global restrictions
MIAMI (AP) — California, Arizona, Texas and Florida together reported about 36,000 new coronavirus cases Wednesday as restrictions aimed at combating the spread of the pandemic took hold in the United States and ar…
Congress eyes new virus aid as school, health crisis deepens
WASHINGTON (AP) — Two months after House Democrats approved a $3 trillion
American Airlines warns 25,000 workers they could lose jobs
DALLAS (AP) — American Airlines is notifying about 25,000 workers that their jobs could be eliminated in October because of plunging demand for air travel, adding to the toll that the virus pandemic is taking on th…
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.
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…
The Latest: Virginia adopts COVID-19 worker safety rules
RICHMOND, Va. — Virginia officials have passed temporary new workplace safety rules designed to protect employees from the coronavirus, becoming the first state to adopt such measures.
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.
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…
How major US stock indexes fared Wednesday
Stocks closed broadly higher on Wall Street Wednesday amid fresh hopes for a COVID-19 vaccine.
Stocks rise on vaccine hopes; S&P 500 back within 5% of high
NEW YORK (AP) — Markets worldwide rallied on rising hopes for a COVID-19 vaccine Wednesday, and the S&P 500 climbed back to where it was a few days after it set its record early this year.
Moderna, Waters rise; ASML Holding falls
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
Arizona ban on evictions set to end as heat, infections soar
PHOENIX (AP) — Housing advocacy groups in Arizona have joined lawmakers in lobbying Gov. Doug Ducey to extend his coronavirus-related moratorium on evictions, which will expire next week and allow authorities to st…