Latest Business News

Average US gas price up 8 cents over 2 weeks to $2.05

May. 31, 2020 2:04 PM EDT

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline rose 8 cents over the past two weeks, to $2.05 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that the jump comes as crude oil costs rise and gasoline demand increases amid widespread easing of...

People leave a vandalized Target store in Oakland, Calif., on Saturday, May 30, 2020, during protests against the death of George Floyd, a handcuffed black man in police custody in Minneapolis. (AP Photo/Noah Berger)

Target temporarily closing stores due to protest dangers

May. 31, 2020 1:57 PM EDT

Target is temporarily closing 105 stores in 10 states after several were broken into during protests over the death of George Floyd in Minneapolis last week. The company is closing 46 stores in California and 33 in Minnesota, where the company is based and where the protests over Floyd's death began. Target is...

Nuns and faithful gather in St. Peter's Square at the Vatican, Sunday, May 31, 2020. Pope Francis has cheerfully greeted people in St. Peter’s Square on Sunday, as he resumed his practice of speaking to the faithful there for the first time since lockdown began in Italy and at the Vatican in early March. Instead of the tens of thousands of people who might have turned out on a similarly brilliantly sunny day like this Sunday, in pre-pandemic times, perhaps a few hundred came to the square, standing well apart from others or in small family groups. (AP Photo/Alessandra Tarantino)

The Latest: Italy records 355 new virus cases, 75 deaths

May. 31, 2020 12:49 PM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Italy registers 355 new cases, 75 more deaths. —...

FILE - In this June 7, 2019, file photo, Twitter CEO Jack Dorsey leaves after his talk with French President Emmanuel Macron at the Elysee Palace in Paris. Twitter has added a warning to one of President Donald Trump’s tweets about protests in Minneapolis on Friday, May 29, 2020. The company says the tweet violated the platform’s rules about glorifying violence. (AP Photo/Francois Mori, File)

Online divisions: Twitter, Facebook diverge on Trump's words

May. 31, 2020 12:06 PM EDT

OAKLAND, Calif. (AP) — President Donald Trump posted identical messages on Twitter and Facebook this week. But while the two social platforms have very similar policies on voter misinformation and glorifying violence, they dealt with Trump’s posts very differently, proof that Silicon Valley is far...

In this Friday, May 29, 2020, photo, Sara Adelman holds her daughter Amelia in Salt Lake City. Adelman is burning through her vacation time to help manage her current status as a working-from-home mom since her daughter's daycare closed due to the coronavirus pandemic. (AP Photo/Rick Bowmer)

Parents hoping to get back to work face a child care crisis

May. 31, 2020 11:28 AM EDT

NEW YORK (AP) — A single father in New Jersey is taking unpaid leave from his job as a baker because he has no one to look after his son. A university employee in New York realizes she may never return to the office after her autistic daughter's child care center closed for good. A new mother in Utah uses...

Christians wearing face masks to help protect against the spread of the new coronavirus attend a service at the Yoido Full Gospel Church in Seoul, South Korea, Sunday, May 31, 2020. (AP Photo/Ahn Young-joon)

Asia Today: India reports over 8,000 new virus cases

May. 31, 2020 9:58 AM EDT

NEW DELHI (AP) — India reported more than 8,000 new cases of the coronavirus in a single day, another record high that topped the deadliest week in the country. Confirmed infections have risen to 182,143, with 5,164 fatalities, including 193 in the last 24 hours, the Health Ministry said Sunday. Overall,...

FILE - In this May 7, 2020, file photo, smoke rises from LG Polymers plant, the site of a chemical gas leakage, in Vishakhapatnam, India. A committee appointed by India’s top environmental court has blamed “gross human failure” and lack of basic safety norms for a gas leak in a South Korean-owned chemical factory this month that killed 12 people and sickened hundreds. (AP Photo/File)

Probe blames safety lapses for deadly India gas leak

May. 31, 2020 5:37 AM EDT

NEW DELHI (AP) — A committee appointed by India’s top environmental court has blamed “gross human failure” and lack of basic safety norms for a gas leak in a South Korean-owned chemical factory this month that killed 12 people and sickened hundreds. In its report, accessed and reviewed...

Christians wearing face masks to help protect against the spread of the new coronavirus attend a service at the Yoido Full Gospel Church in Seoul, South Korea, Sunday, May 31, 2020. (AP Photo/Ahn Young-joon)

Asia Today: India reports 8,000 new cases; South Korea 27

May. 31, 2020 3:17 AM EDT

NEW DELHI (AP) — India reported more than 8,000 new cases of the coronavirus in a single day, another record high that topped the deadliest week in the country. Confirmed infections have risen to 182,143, with 5,164 fatalities, including 193 in the last 24 hours, the Health Ministry said Sunday. Overall,...

A worker wearing a protective face mask to help curb the spread of the new coronavirus wipes window panels of a fashion clothing store in Beijing, Thursday, May 28, 2020. The legislature on Thursday approved a government budget that will increase spending to generate jobs in an effort to reverse an economic slump after Chinese industries were shut down to fight the coronavirus pandemic. (AP Photo/Andy Wong)

China's manufacturing still sluggish as virus hits exports

May. 30, 2020 11:55 PM EDT

BEIJING (AP) — China's manufacturing activity expanded in May but at a sluggish pace for the second straight month as the coronavirus pandemic weighed on the global economy. A monthly purchasing managers’ index issued Sunday slipped to 50.6, down from 50.8 in April. A reading above 50 means that...

Workers wearing protective gear disinfect as a precaution against the new coronavirus in a class at a high school in Busan, South Korea, Saturday, May 30, 2020. (Jo Jung-ho/Yonhap via AP)

The Latest: South Korea reports 27 new virus cases

May. 30, 2020 10:28 PM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — South Korea reports 27 new virus cases, including 21 from...