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…
US bets on untested company to deliver COVID-19 vaccine
When precious vats of COVID-19 vaccine are finally ready, jabbing the lifesaving solution into the arms of Americans will require hundreds of millions of injections.
Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control
NEW YORK (AP) — Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control.
Amazon says email barring TikTok from employee phones for 'security risks' was in error; TikTok policy is unchanged
NEW YORK (AP) — Amazon says email barring TikTok from employee phones for 'security risks' was in error; TikTok policy is unchanged.
Facebook's software kit to blame for popular apps crashing
OAKLAND, Calif. (AP) — Friday's widespread crashes of popular apps running on the iPhone’s iOS operating system — including Tinder, Spotify and Pinterest — serve as a reminder that Facebook is still tracking you th…
Fed buys more corporate bonds but may soon end purchases
WASHINGTON (AP) — The Federal Reserve said Friday that it purchased $1.3 billion in corporate bonds in late June as part of its effort to keep U.S. interest rates low and ensure large companies can borrow by sellin…
Wall Street rallies as optimism returns to cap erratic week
NEW YORK (AP) — Optimism returned to Wall Street on Friday, and stocks rallied to cap a shaky week dogged by worries that rising coronavirus counts may halt the economy’s recent upswing.
Virus surge visible across Texas: 'The tsunami is here'
AUSTIN, Texas (AP) — Urgent calls for field hospitals. Cars lined up for hours at drive-thru testing centers. Bars boarded up and grocery stores enforcing masks.
Florida's curve no longer flat amid new surge of virus cases
MIAMI (AP) — Fighting a surge in
Asia Today: No masks on red carpet as Taiwan logs few cases
TAIPEI, Taiwan (AP) — Taiwan wrapped up an annual film festival with an awards ceremony Saturday night, as the island holds more public events after keeping its coronavirus outbreak to a few hundred cases.
Chatham announces plan to buy newspaper publisher McClatchy
NEW YORK (AP) — Hedge fund Chatham Asset Management plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control.
Retail bankruptcy filings keep coming, coffee habits change
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the …
American Airlines threatens to cancel some Boeing Max orders
DALLAS (AP) — American Airlines is warning Boeing that it could cancel some overdue orders for the grounded 737 Max unless the plane maker helps line up new financing for the jets, according to people familiar with…
Man admits damaging computer, causing PPE delivery delay
ATLANTA (AP) — A former employee of a medical device packaging company has pleaded guilty to damaging a computer belonging to his former employer, which prosecutors said caused a delay in the delivery of personal p…
Amazon says email to employees banning TikTok was a mistake
Roughly five hours after an internal email went out Friday to Amazon employees telling them to delete the popular video app TikTok from their phones, the online retailing giant appeared to backtrack, calling the ba…
Hyundai exec: Online sales will help with virus resurgence
DETROIT (AP) — The past five years have been rough for Hyundai in the U.S. as it scrambled to catch up with a massive shift in consumer preferences from cars to trucks and SUVs.