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…
Lawyers seek to halt Purdue Pharma political contributions
OxyContin maker Purdue Pharma should not be able to make any more political contributions without a judge's permission, lawyers for its creditors said in a court filing.
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.
Fiat Chrysler recall: Steering wheel part can be projectile
DETROIT (AP) — Fiat Chrysler is recalling more than 1.2 million older minivans and SUVs worldwide because plastic emblems on the steering wheels can loosen and become projectiles if the driver’s air bag is inflated…
Gilead Sciences, Matson rise; WD-40, Eli Lilly fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
China auto sales off 22.4% in first half of 2020
BEIJING (AP) — China’s auto sales rose 1.8% in June over a year earlier but fell by double digits for the first half of 2020 after the country shut down to fight the coronavirus, an industry group reported Friday.
Pope names Draghi, ex-head of European Central Bank to panel
VATICAN CITY (AP) — Mario Draghi, the former head of the European Central Bank, has been appointed by Pope Francis to a Vatican advisory panel, the Holy See said on Friday.
The Latest: Nevada lawmakers suspend session over virus case
CARSON CITY, Nev. — Nevada lawmakers have pumped the brakes on their emergency special session because someone in the legislative building has tested positive for the coronavirus.
US targets $1.3 billion in French imports in tech tax clash
WASHINGTON (AP) — The Trump administration on Friday announced plans to impose taxes on $1.3 billion in French imports — hitting handbags and makeup but sparing cheese and wine — in retaliation for France’s digital…
Business Highlights
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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.
France investigating millions in virus unemployment fraud
PARIS (AP) — Organized crime groups sought to defraud the French state of millions of euros meant for workers left jobless by the virus lockdown, prosecutors said Friday.
UK-China ties freeze with debate over Huawei, Hong Kong
LONDON (AP) — Only five years ago, then-British Prime Minister David Cameron was celebrating a “golden era” in U.K.-China relations, bonding with President Xi Jinping over a pint of beer at the pub and signing off …
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…
Flood-weary Venice puts 'Moses' inflatable barriers to test
ROME (AP) — Venice has conducted a trial run of an ambitious anti-flood system of 78 inflatable barriers in hopes of protecting the lagoon city from devastating high tides.