Business News

EU, UK still at loggerheads in post-Brexit…

The fourth round of talks for a future trade deal between the European Union and the U.K. ended Friday with little progress

Federal court rejects EPA approval of widely used herbicide

A federal appeals court in San Francisco says the government must revoke its approval of a widely used weed killer that has damaged other crops and turned neighbor against neighbor in some farm communities

Australia's national news agency to survive with new owners

Australia’s national news agency will continue with new owners, the board confirmed Friday, just weeks before it was due to be shut down

JC Penney closing 154 stores in first…

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9 firefighters hospitalized in Florida after ship explosion

Authorities say nine firefighters responding to a fire aboard a ship in Florida have been hospitalized after the ship exploded

Slack: Fiscal 1Q Earnings Snapshot

Japan’s pandemic deaths low, but future success uncertain

Japan has kept its deaths from the new coronavirus low despite a series of missteps that beg the question of whether it can prevent future waves of infections

The Latest: British Airways mulling suit vs…

British Airways is considering legal action against the U.K. government’s plans to force anyone arriving into the country to quarantine themselves for 14 days in order to stem the spread of the coronavirus

Google: State-backed hackers targeted Trump…

Google said state-backed hackers have targeted the campaigns of both President Donald Trump and former Vice President Joe Biden, although its saw no evidence that the phishing attempts were successful

New Zealand military buys 5 Lockheed Hercules planes for $1B

New Zealand’s military says it's buying five Lockheed Martin Super Hercules transport planes for $1 billion

PG&E critics urge judge to reject utility's…

Pacific Gas & Electric’s proposal to pay $25.5 billion for a series of deadly Northern California wildfires ignited by its equipment is facing a final barrage of resistance from critics

New York Times says senator’s op-ed didn’t meet…

The New York Times says a controversial op-ed it published by Republican Sen. Tom Cotton that advocated the use of federal troops to quell demonstrations did not meet its standards

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Airline stocks soar as American, United add back…

Airline stocks have soared on news that the carriers are bringing back more flight in July

How major US stock indexes fared Thursday

Wall Street paused on Thursday, and the S&P 500 fell 0.3% for its first loss in five days

Study on safety of malaria drugs for coronavirus…

Several authors of a large study that raised safety concerns about malaria drugs for coronavirus patients have retracted the report

West Virginia sues Rite-Aid, Walgreens over pain pill flood

West Virginia's attorney general has filed a lawsuit accusing Rite-Aid and Walgreens of failing to monitor and report suspicious orders of prescription painkillers

Washington state gets back millions in stolen…

Washington officials say they believe they have recovered about half of the hundreds of millions in unemployment benefits paid to criminals who used stolen identities to file claims during the coronavirus pandemic

American Airlines, eBay rise; Smartsheet, Cloudera fall

Stocks that moved heavily or traded substantially on Thursday: American Airlines, eBay rise; Smartsheet, Cloudera fall

Mall owner sues Gap for rent on…

Gap is being sued for refusing to pay rent for stores temporarily closed during the coronavirus pandemic

Closing prices for crude oil, gold and other commodities

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

US public schools need major building repairs, report finds

A federal report finds that the majority of U.S. public school districts need to make major building repairs in at least half of their schools

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Soccer club Tottenham among firms to tap virus…

British Airways, Marks & Spencer and even Premier League soccer club Tottenham Hotspur are among 53 big companies to take advantage of a special coronavirus loan scheme from the Bank of England to tide them over during the pandemic

US commercial casinos won $43.6 billion in 2019…

Commercial casinos in the U.S. won $43.6 billion from gamblers last year, an increase of nearly 4% from the previous year

Average 30-year mortgage rates rose slightly to 3…

Long-term mortgage rates increased slightly as the U.S. economy showed signs that worst might be over from the coronavirus recession