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…
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
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…
Lawmakers vote to shut down Philippines' largest TV network
MANILA, Philippines (AP) — Philippine lawmakers voted Friday to reject the license renewal of the country’s largest TV network, shutting down a major news provider that had been repeatedly threatened by the preside…
EU watchdog to probe trade pact with South American nations
BRUSSELS (AP) — The European Union’s independent watchdog has launched an inquiry into the bloc’s trade agreement with the Mercosur group of South American countries after environmental and rights groups complained…
The Latest: China rejects food imports after virus detected
BEIJING — New coronavirus cases have dropped sharply in China, and authorities are turning their attention to concerns that the virus could spread through imported food.
EU Council head tries to win over 'Frugal Four' on budget
BRUSSELS (AP) — With pressure mounting to reach an agreement on a post-coronavirus economic recovery plan, the president of the European Council on Friday tried to win over the so-called group of “Frugal Four" memb…
Nepal cable TV operators stop airing Indian news channels
KATHMANDU, Nepal (AP) — Nepal’s cable and satellite television providers have stopped airing Indian news channels, with one operator saying Friday that the move was in response to public complaints over coverage of…
COVID-19 heroes must jump through hoops for workers' comp
WASHINGTON (AP) — Lauded for their service and hailed as everyday heroes, essential workers who get the
US wholesale prices edged down 0.2% in June as food costs fell while energy costs increased
WASHINGTON (AP) — US wholesale prices edged down 0.2% in June as food costs fell while energy costs increased.