Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Horizon employees give back to community
MOSES LAKE — The team at Horizon Credit Union took some time away from the office Tuesday to tackle a different li…
NY state penalizes Deutsche Bank $150M for Epstein dealings
NEW YORK (AP) — Deutsche Bank has agreed to pay $150 million to settle claims that it broke compliance rules in its dealings with the late sex offender Jeffrey Epstein, New York state announced Tuesday.
Review finds many who work during rehab aren't being paid
Across the country, drug and alcohol recovery programs claiming to help the poor and the desperate are instead conscripting them into forms of indentured servitude, requiring them to work without pay or for pennies…
Hiring soared in May as mass layoffs eased
WASHINGTON (AP) — The job market took a big step toward healing in May, though plenty of damage remains, as a record level of hiring followed record layoffs in March and April.
COVID-19 vaccine candidates secure funds; Lysol gets EPA nod
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the…
Italy seeks to simplify notoriously knotted bureaucracy
ROME (AP) — Italian Premier Giuseppe Conte has described as “revolutionary” a new government decree aimed at simplifying Italy’s slow and cumbersome bureaucracy with the goal of getting the country's coronavirus-ba…
US probes fuel leaks in older Chevy Cobalt and HHR vehicles
DETROIT (AP) — The U.S. government's road safety agency is investigating complaints of fuel leaks in older Chevrolet Cobalt small cars and HHR wagons.
Protective gear for medical workers begins to run low again
The personal protective gear that was in dangerously
Portuguese energy firms replace CEOs amid corruption probe
LISBON, Portugal (AP) — Shares in Portugal’s blue-chip national energy provider EDP and its international renewable energy division rose Tuesday after the companies replaced their CEOs amid a corruption investigati…
Millennial Money: Lessons learned while sheltering at home
Shelter in place. Lockdown. Quarantine.
Cyprus: EU partners aim to rein in Turkey's 'expansionism'
NICOSIA, Cyprus (AP) — Cyprus and its European Union partners are working to rein in Turkey’s “expansionist policy” in the eastern Mediterranean amid heightened tensions over an offshore search for hydrocarbons, th…
German production rebounds in May, but misses expectations
BERLIN (AP) — German industrial production picked up in May after dropping sharply in the two previous months, but the rebound fell short of expectations.
Hong Kong grappling with future under national security law
HONG KONG (AP) — Hong Kong’s leader Carrie Lam offered scant reassurance Tuesday over a new national security law that critics say undermines liberties and legal protections promised when China took control of the …
EU forecasts deeper economic hit from pandemic
BRUSSELS (AP) — The European Union's executive arm forecasts that the bloc's economy will contract more than previously expected because of the coronavirus pandemic, which has caused lockdowns on business and publi…
Thailand denies monkeys abused to harvest coconut products
BANGKOK (AP) — Thailand's coconut-picking monkeys, long a popular tourist attraction, have become a sensitive trade issue as British activists claim the animals are abused and push for a boycott of the nation's coc…
Small business aid went beyond hard-hit companies, data show
WASHINGTON (AP) — The government on Monday identified roughly 650,000 mostly small businesses and nonprofits that received taxpayer money through a federal program that was designed to soften job losses from the co…