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…
Detroit billionaire Manuel 'Matty' Moroun dies at 93
DETROIT (AP) — Manuel “Matty” Moroun, a billionaire businessman who owned a critical bridge that connects Michigan to Canada, has died in his suburban Detroit home. He was 93.
Analog Devices, AMC fall; Pfizer, Quest Diagnostics rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
Stocks slam into reverse as virus keeps scarring economy
NEW YORK (AP) — Wall Street got a painful reminder of the threat the coronavirus pandemic poses to the economy Monday, and a big early gain for stocks suddenly flipped to losses after California rolled back its reo…
How major US stock indexes fared Monday
Stock indexes closed mostly lower Monday after giving up an early gain in another day of roller-coaster trading on Wall Street.
California shuts bars, indoor dining and most gyms, churches
SACRAMENTO, Calif. (AP) — Bars and inside restaurant dining are banned throughout California, while indoor religious services, gyms and hair and nail salons are again off-limits in most of the state, Gov. Gavin New…
California governor extends closure of bars, indoor dining statewide, orders churches, hair salons closed in most places
SACRAMENTO, Calif. (AP) — California governor extends closure of bars, indoor dining statewide, orders churches, hair salons closed in most places.
Merkel: 2nd summit may be needed to forge EU stimulus deal
BERLIN (AP) — “Bridges still need to be built” between European Union countries at odds over plans for a massive stimulus package to help the bloc's economies recover from the coronavirus pandemic, German Chancello…
Subways sparkle, but does cleaning decrease COVID-19 risk?
NEW YORK (AP) — Mass transit systems around the world have taken unprecedented — and expensive — steps to curb the spread of the coronavirus, including New York shutting down its subways overnight and testing power…
US budget deficit hits all-time high of $864 billion in June
WASHINGTON (AP) — The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax…
Analog Devices buys Maxim, creating $68 billion chipmaker
NEW YORK (AP) — Computer chip maker Analog Devices is buying Maxim Integrated in an all-stock deal that will create a company worth about $68 billion, and strengthens its position in the analog semiconductor sector.
Merkel: 2nd summit may be needed on EU stimulus package
BERLIN (AP) — German Chancellor Angela Merkel said Monday that “bridges still need to be built” between European Union countries at odds over a stimulus package for Europe's pandemic-stricken economies and a second…
Polish president wins 2nd term after bitter campaign
WARSAW, Poland (AP) — Polish President Andrzej Duda declared victory Monday in a runoff election in which he narrowly won a second five-year term, acknowledging the campaign he ran was often too harsh as he appeale…
Brexit is back: UK aims to prepare public for Jan 1 EU break
LONDON (AP) — The British government told individuals and businesses Monday to get ready for new costs and red tape — but also an exciting “new start” — when the U.K. leaves the European Union's economic embrace in…
Germany aims to make its EU presidency 'climate neutral'
BERLIN (AP) — German is aiming to make its six-month presidency of the European Union “climate neutral,” by organizing events in such a way as to reduce greenhouse gas emissions and offsetting any that can't be avo…
IMF calls on Lebanese to unite behind government reform plan
BEIRUT (AP) — The International Monetary Fund on Monday urged Lebanese authorities to unite behind a government economic plan that has received a cool reception from the banking sector, saying the country needs a r…