Coronavirus
Boeing to Restart 737 Max Production After Four-Month Shutdown
Boeing Co. got a boost after CEO Dave Calhoun told Fox Business that the planemaker’s 737 Max assembly lines will rumble to life later this month.
Trump Casts Doubt on Future of China Trade Deal
President Donald Trump cast doubt on the future of his “phase one” trade deal with China, one of the biggest accomplishments of his first term, saying May 8 that he’s struggling with Beijing in the wake of the global coronavirus pandemic.
House Bill Directs Fed to Cover COVID-19 FEMA Costs
A bill that would ensure the federal government cover the costs of COVID-19-related Federal Emergency Management Agency assistance under major disaster declarations was introduced by top House Democrats on May 1.
Musk’s Aim to Restart Tesla Plant Sets Up Potential Clash
Tesla Inc. plans to reopen its sole U.S. car factory as soon as May 8, possibly setting up another battle with local health authorities in California.
May 8, 2020Jobless Rate Triples to 14.7% in Sharpest Labor Downturn
In the harshest downturn for American workers in history, employers cut an unprecedented 20.5 million jobs in April and the unemployment rate more than tripled to 14.7%.
Lawmakers Still Eyeing Highway Bill Despite Coronavirus Relief Efforts
Legislators are keeping an eye on advancing a new highway policy measure as the federal response to the novel coronavirus dominates much of lawmakers’ time and attention.
Oil Slips With Glut Concerns, Reversing Saudi Price Hike Boost
Oil fell in a day of wild price swings as investors weighed supply-and-demand fundamentals against Saudi Arabia’s global price hike.
Iowa Driver Among First in US to Use Technology for CDL Skills Test
Lonnie Orr of Davenport, Iowa, was among the first drivers in the U.S. to take advantage of a federal emergency declaration allowing new drivers to maintain COVID-19 social distancing while having their driving abilities evaluated by a state examiner observing from a trailing vehicle.
Tanker Truck Industry Faces Challenges as Fuel, Milk Deliveries Decline
Tank truck carriers have been among the trucking industry’s hardest-hit segments during the COVID-19 pandemic.
Tesla Idles China Plant, Suspending Vehicle Output Worldwide
Tesla Inc. suspended production at its plant on the outskirts of Shanghai, according to people familiar with the matter, bringing to a halt all of the company’s vehicle manufacturing globally.
May 7, 2020