Business

House Majority Leader Steny Hoyer said the House and Senate should be able to quickly agree on changes to the Small Business Administration’s popular Paycheck Protection Program to give loan recipients more flexibility in using funds.

Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers displaying signs of confidence that the market is stabilizing.

The Federal Motor Carrier Safety Administration has announced plans to immediately expand the use of remote motor carrier safety compliance reviews during the COVID-19 pandemic.

The trading floor of the New York Stock Exchange reopened for the first time in two months with Gov. Andrew Cuomo ringing the iconic bell, but the controlled chaos was more subdued May 26 under new pandemic rules.

Last-mile fleets such as FedEx, Amazon, XPO and UPS have been dealing with a spike in demand while also implementing safety protocols to protect employees and customers.

Hertz Global Holdings Inc., the rental car company founded with a dozen Ford Model Ts more than a century ago, filed for bankruptcy late May 22 after sweeping travel restrictions and the global economic collapse destroyed demand for its vehicles.

Amazon .com Inc.'s Prime Air fleet will grow to about 200 planes — up from 42 now — in the next seven or eight years, creating an air cargo service that could rival UPS Inc., according to a study.

TravelCenters of America Inc. has signed a franchise agreement to open a Petro Stopping Center in Monteagle, Tenn.

Disruptions to the food supply chain brought on by the coronavirus pandemic extend to farmers and their products, according to Andrew Novakovic, a professor of agricultural economics at Cornell University.