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…
Asia Today: Australia's Victoria state has record 288 cases
CANBERRA, Australia (AP) — Australia's Victoria state on Friday reported a new daily record of 288 coronavirus cases as well as a record number of tests, more than 37,500.
Takeaways: Paycheck Protection loans and the Catholic Church
NEW YORK (AP) — When the coronavirus pandemic caused a broad economic downturn and Depression-era unemployment rates, Washington responded with trillions of dollars in federal relief.
St. Louis considers surveillance planes in crime battle
O'FALLON, Mo. (AP) — With 2020 shaping to be an especially violent year in one of the nation’s most violent cities, St. Louis leaders are considering a new tool to fight crime — surveillance planes — even as oppone…
Shipbuilder files complaint over union threats during strike
Navy shipbuilder Bath Iron Works on Friday filed a complaint with the National Labor Relations Board, accusing its largest union of threatening workers who cross the picket line during an ongoing strike in Maine.
Electric vehicle startup Rivian gets $2.5B in added funding
DETROIT (AP) — Electric vehicle startup Rivian says it has raised another $2.5 billion in funding from accounts advised by investment firm T. Rowe Price.
Philippine lawmakers have voted to reject the license renewal of the country’s largest TV network, ABS-CBN Corp.
MANILA, Philippines (AP) — Philippine lawmakers have voted to reject the license renewal of the country’s largest TV network, ABS-CBN Corp.
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.
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.
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.