Business News

Asia Today: India's cases keep rising; rallies in…

India has maintained its surge in coronavirus cases, adding 93,337 new confirmed infections in the past 24 hours

Dutch bars to close early to rein in spread of coronavirus

The Dutch government says that bars and cafes in the most densely populated regions of the Netherlands will have to close their doors earlier from Sunday as the country begins reimposing restrictions to battle sharply rising coronavirus infection rates, particularly among students and people in their 20s

The Latest: India maintains surge, adds 93,300…

India has maintained its surge in coronavirus cases, adding 93,337 new confirmed infections in the past 24 hours

Watchdog: FAA not prepared to update jet…

A government watchdog says the Federal Aviation Administration hasn’t updated standards for emergency airliner evacuations in nearly two decades

AdChoices Icon

Hawaii court hears case on legality of foreign…

The Hawaii Supreme Court heard arguments on the legality of issuing licenses to foreign workers in Hawaii’s longline commercial fishing fleet, which for years has been under scrutiny after an Associated Press investigation revealed claims of human trafficking and questionable labor practices

New Jersey law seeks to stem pollution in…

New Jersey Gov. Phil Murphy has signed into law a measure giving state regulators power to deny development permits to businesses whose operations pollute predominantly Black and other minority communities

How major US stock indexes fared Friday

Stocks are closing lower on Wall Street Friday, as another zig-zag week for markets ends with a third-straight weekly loss for the S&P 500

Drug shows promise in 1st largely minority…

A drug company says that a medicine it sells to tamp down inflammation has helped prevent the need for breathing machines in hospitalized COVID-19 patients in the first large study that primarily enrolled Hispanics and Blacks

Wisconsin secretary resigns amid unemployment…

The Wisconsin Department of Workforce Development's top leader has resigned after failing to find a way to address a backlog of tens of thousands of unemployment benefit claims

End of the runway? Fashion world mulls post-COVID…

Due to the coronavirus pandemic the usually glamorous London Fashion Week is feeling decidedly lacklustre

US Steel, Aptiv rise; NatWest Group, Roku fall

Stocks that moved heavily or traded substantially Friday: US Steel, Aptiv rise; NatWest Group, Roku fall

US bans WeChat, TikTok from app stores, threatens…

The U.S. Commerce Department said it is prohibiting Chinese-owned TikTok and WeChat from app stores as of Sunday, citing national security and data privacy concerns

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

AdChoices Icon

Belarus borders remain open despite leader's…

Belarus’ borders with Poland and Lithuania remain open despite the nation’s president declaring they would be closed and accusing the neighboring nations of instigating weeks of protests against his 26 years of authoritarian leadership

Massive damage of rare plants probed at Nevada…

State and federal authorities are investigating the mysterious loss of a significant swath of a rare desert wildflower that’s being considered for federal protection at a contentious mine site in Nevada

Egyptian, Mexican, Moldovan exit in race for top…

World Trade Organization member states have trimmed a list of candidates vying to become its next director-general from eight to five by ejecting applicants from Egypt, Mexico and Moldova

Mistake: Thousands told to return unemployment overpayment

Officials say a programming mistake caused thousands of out-of-work Louisiana residents to get notices saying they'd been overpaid thousands of dollars in unemployment compensation and had to return the money

'This is a big moment:' UK virus restrictions…

Fresh restrictions on social gatherings in England, potentially involving limits on pub opening hours, appear to be on the cards soon as the British government seeks to suppress a sharp spike in new coronavirus infections

Cyprus: Only handful of tourists showed COVID-19 symptoms

Cyprus is trying to salvage a dismal tourist season by touting that only five of the roughly 200,000 tourists that have spent their holidays on east Mediterranean island nation so far this summer have exhibited any COVID-19 symptoms

Spanish banks merge in sign of hard economic…

Two of Spain’s biggest banks have announced their merger, pushed together by a need to weather tough economic times that likely will cost thousands of jobs

Libya's east-based commander promises end of oil blockade

Libya’s commander who rules the eastern half of the country says that oil production will restart soon, ending a months-long blockade of the nation’s vital oil fields

US stocks fall as market decline extends for…

Stocks are closing lower on Wall Street Friday, as another zig-zag week for markets ends with a third-straight weekly loss for the S&P 500

AdChoices Icon

Australia pays $3.7 M to help news agency though…

The Australian government has announced a $3.7 million grant to the national news agency as part of pandemic-related assistance to regional journalism

US-based Krause Group takes control of Parma soccer club

Parma has become the latest Serie A team with foreign ownership after the U.S.-based Krause Group purchased a 90% stake in the club