Tuesday, May 26, 2020
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Business

Looking for recent business news? Here you'll find all of the breaking and daily business news articles.

Updated 21 hours, 24 minutes ago

Phase 2: Grant County allowed to reopen a little

MOSES LAKE — Washington Department of Health on Saturday moved Grant County into Phase 2 of the state’s plan to ...

Updated 1 hour, 6 minutes ago
The Toronto Star to be sold, taken private

TORONTO (AP) — The Toronto Star and its Torstar Corp newspaper chain said Wednesday it has agreed to be sold for $52 million (US$38 million).

Updated 3 hours, 9 minutes ago
The Latest: Biden keynote speaker at virtual convention

The Latest on the

Updated 3 hours, 45 minutes ago
Stocks rise on Wall Street, but US braces for 100,000 deaths

NEW YORK (AP) — Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S. over two months ago, climbing on optimism Tuesday about the reopening economy even as the na...

Updated 3 hours, 45 minutes ago
Kansas governor vetoes limits on her power but loosens rules

TOPEKA, Kan. (AP) — Kansas' Democratic governor on Tuesday

Updated 3 hours, 45 minutes ago
PG&E nears end of bankruptcy amid persisting safety worries

BERKELEY, Calif. (AP) — Pacific Gas & Electric limped into bankruptcy vilified for its long-running neglect of a crumbling electrical grid that ignited a succession of horrific Northern California wildfires.

Updated 4 hours, 45 minutes ago
Virgin Orbit analyzing data to find cause of rocket failure

LOS ANGELES (AP) — Virgin Orbit engineers were analyzing data Tuesday to find out what caused the maiden flight of its air-launched satellite booster to fail.

Updated 5 hours, 9 minutes ago
Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for July delivery rose $1.10 to settle at $34.35 a barrel Tuesday. Brent crude oil for July delivery rose 64 cents to $36.17 a barrel.

Updated 5 hours, 9 minutes ago
Deadlocked Congress shifts virus focus to small business aid

WASHINGTON (AP) — Deadlocked over the next big coronavirus relief bill, Congress is shifting its attention to a more modest overhaul of small business aid in hopes of helping employers reopen shops and survive

Updated 5 hours, 45 minutes ago
Business Highlights

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Updated 6 hours, 9 minutes ago
How major US stock indexes fared Tuesday

Stocks closed broadly higher on Wall Street Tuesday as hopes for economic recovery overshadow worries over the coronavirus pandemic.

Updated 6 hours, 45 minutes ago
Novavax, Merck rise; Regeneron, Anaplan fall

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: Novavax, Merck rise; Regeneron, Anaplan fall.

Updated 7 hours, 9 minutes ago
Twitter gives Trump a pass on unfounded 'murder' allegations

President Donald Trump is again pushing the limits of Twitter's attempts to deal with national leaders who spread misinformation and engage in personal abuse, this time with a barrage of baseless tweets suggestin...

Updated 7 hours, 45 minutes ago
McConnell discusses prospects for another round of relief

Faced with a collapsed job market, Congress needs to tend to unemployment insurance funds supporting millions thrown out of work, but surging debt means there are limits to the scope of federal aid to help heal the

Updated 8 hours, 45 minutes ago
Big Oil loses appeal, climate suits go to California courts

LOS ANGELES (AP) — Big Oil lost a pair of court battles Tuesday that could lead to trials in lawsuits by California cities and counties seeking damages for the impact of climate change.

Updated 8 hours, 45 minutes ago
NYSE floor reopens, traders buy shares of Crocs, airlines

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to national and global response, the work place and the spread of the v...