Coronavirus
Northeast States Agree to Form Regional Supply Chain for Medical Equipment
Leaders representing seven Northeastern states have partnered to develop a regional supply chain for personal protective equipment, medical gear and testing kits amid the coronavirus pandemic.
Meatpackers Cautiously Reopen Plants Amid Coronavirus Fears
A South Dakota pork processing plant took its first steps toward reopening May 4 after being shuttered for more than two weeks because of a coronavirus outbreak that infected more than 800 employees.
US Airlines Tumble After Buffett Abandons Bet on Industry
U.S. airline stocks plummeted May 4 after Warren Buffett dumped his stakes in the four biggest carriers, saying the industry’s prospects had been upended by the coronavirus pandemic.
U.S. Steel Foreshadows Blue-Collar Pain With 2,700 Layoffs
U.S. Steel Corp. expects to lay off about 2,700 employees as the virus forces the company to idle most of its blast furnaces.
Manufacturing Falls in April as Virus Ravages Economy
WASHINGTON — U.S. manufacturing retreated again in April, a victim of economic fallout from the coronavirus outbreak.
Bus Industry Seeks More Recovery Relief
WASHINGTON — Lawmakers allocated $61 billion to airlines, $25 billion to transit and $1 billion for Amtrak in the roughly $2 trillion coronavirus rescue package, but the motorcoach industry, which includes charter buses, private transit buses and passenger buses, said it has been largely ignored.
SUVs Parked at Sea Reveal Scope of US Auto Market Glut
For the auto industry, which saw U.S. sales plunge almost 40% in March, the coronavirus crisis has left cars gathering dust on dealer lots, dealerships shuttered, auction prices slipping and tens of thousands of workers laid off or furloughed.
Exxon Profits Drop as Most of World Stays Home
NEW YORK — Profits fell at ExxonMobil as the global pandemic began to erode oil demand.
Detroit Divided Over What It’ll Take to Make Cars Again
The safety measures that Ford Motor Co. has spent weeks preparing to resume North American production fell short of assuaging the United Auto Workers union, which could stand in the way of much of the industry’s plans to reopen.
FMCSA Distributes 1 Million Masks to Truckers
The Federal Motor Carrier Safety Administration is distributing 1 million protective masks to commercial truck drivers to enhance safety during the coronavirus pandemic.