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…
Trading halted in Portugal energy firm amid corruption probe
LISBON, Portugal (AP) — The Lisbon stock exchange suspended trading in Portugal’s national energy provider EDP and its international renewable energy division Monday after media reports said a magistrate had suspen…
Israeli airline El Al reaches bailout deal with government
TEL AVIV, Israel (AP) — Israeli airline El Al said Monday it had reached a bailout deal with the Israeli government that could lead to its nationalization after being crippled by the coronavirus pandemic.
Jonathan Sackler, co-owner of Purdue Pharma, dies
STAMFORD, Conn. (AP) — Jonathan Sackler, one of the owners of OxyContin maker Purdue Pharma, has died, the company confirmed.
In Russia and Ukraine, no social distance on crowded beaches
SOCHI, Russia (AP) — Tens of thousands of vacation-goers in Russia and Ukraine have descended on Black Sea beaches, paying little heed to public health measures despite the numbers of reported coronavirus cases rem…
Chinese diplomat derides UK's move to offer HK citizenship
LONDON (AP) — The Chinese ambassador to Britain accused Prime Minister Boris Johnson on Monday of meddling in China's affairs by offering citizenship to 3 million people from Hong Kong following the imposition of a…
Turkey calls on EU to be 'honest' in dispute with members
ANKARA, Turkey (AP) — The Turkish foreign minister on Monday called on the European Union to be an “honest broker” in disputes between Ankara and EU member states France, Greece and Cyprus.
Q&A: The nuts and bolts of the Paycheck Protection Program
NEW YORK (AP) — Small businesses can still get help from the government’s coronavirus relief plan after Congress extended the Paycheck Protection Program until Aug. 8.
UK sanctions Russians, Saudis under new Magnitsky powers
LONDON (AP) — Britain on Monday announced economic sanctions against individuals and organizations from Russia, Saudi Arabia, Myanmar and North Korea under new U.K. powers to punish human rights offenders.
The Latest: Portugal rebukes Britain over virus travel curbs
LISBON, Portugal — Portuguese officials have rebuked the British government over its decision to exclude Portugal from a relaxation of travel restrictions.
Treasury posts partial list of small businesses that received $521 billion in gov't loans; companies employed 51 million
WASHINGTON (AP) — Treasury posts partial list of small businesses that received $521 billion in gov't loans; companies employed 51 million.
Uber buys Postmates, ups delivery game in $2.65 billion deal
SILVER SPRING, Md. (AP) — Uber has widened its reach in the fiercely competitive delivery market by acquiring Postmates in a $2.65 billion all-stock deal, the company said Monday.
Spain, Portugal press EU partners for swift deal on spending
LISBON, Portugal (AP) — The leaders of Spain and Portugal pressed Monday for the European Union to clinch a deal by the end of this month on a recovery fund to help its 27 member countries weather the economic fall…
Second executive arrested in Wirecard scandal in Germany
FRANKFURT, Germany (AP) — Another executive with bankrupt payment company Wirecard has been arrested in Germany on suspicion of aggravated fraud, prosecutors said Monday. The suspect, the head of a company subsidia…
Activity in services sector shows record rebound in June
WASHINGTON (AP) — Activity in the U.S. services sector rebounded strongly last month, but those gains are now being threatened by the resurgence of coronavirus cases in many parts of the country.
Judge orders Dakota Access pipeline shut down pending review
FARGO, N.D. (AP) — A judge on Monday ordered the Dakota Access pipeline shut down for additional environmental review more than three years after it began pumping oil — handing a victory to the Standing Rock Sioux …