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Smithfield Foods to restart South Dakota pork plant from May 7
Smithfield Foods Inc will restart its plant in Sioux Falls, South Dakota from May 7 after being idled for more than three weeks due to the coronavirus outbreak, the world's biggest pork processor said late on Wednesday......»»
Detroit automakers push for restart of plants within 2 weeks
Major U.S. automakers are making plans to start reopening factories in two weeks, which comes almost two months after auto plants shut down due to the coronavirus outbreak......»»
The UK Is Now Home To The Deadliest COVID-19 Outbreak In Europe
The UK Is Now Home To The Deadliest COVID-19 Outbreak In Europe After flip-flopping a handful of times over the past few weeks, it looks like the UK has finally cemented its status as the d.....»»
How a "town of aging hippies" screened itself from coronavirus
BOLINAS, Calif. - When the coronavirus outbreak appeared likely to rage through the Bay Area weeks ago, residents of this hermitlike beach c.....»»
Billionaire Warren Buffett hasn"t had a haircut or worn a tie in 7 weeks, he revealed at Berkshire Hathaway"s annual meeting
AP Photo/Nati Harnik Warren Buffett has been sticking to sweatsuits during the coronavirus outbreak, he revealed during Berkshire Hathaway's virtual annua.....»»
As mortgage bailout balloons amid coronavirus outbreak, servicers finally get some relief
For weeks, the mortgage industry has been crying for help while being left on the hook to pay for much of the government's mortgage bailout. Now they're getting some relief......»»
Luby"s delays filing quarterly report due to coronavirus outbreak
The news came just a couple weeks after the struggling restaurant company's CFO left to pursue other opportunities......»»
United has lost more than $2 billion because of the virus
United's losses due to the coronavirus outbreak came in March, and losses have accelerated in recent weeks......»»
United has lost more than $2 billion because of the virus
United's losses due to the coronavirus outbreak came in March, and losses have accelerated in recent weeks......»»
United lost $2.1 billion in the first quarter because of coronavirus
United's losses due to the coronavirus outbreak came in March, and losses have accelerated in recent weeks......»»
Coronavirus hurts corporate activism as M&A, buybacks decline
Activist shareholders are likely to scale back campaigns in coming weeks as target companies brace for a deep recession and their favorite calls for change - ranging from mergers to returning cash - are ignored during the coronavirus outbreak......»»
COVID-19 Slashes 244,000 US Jobs in First 2 Weeks of April
Announced job cuts due to the COVID-19 outbreak totaled 244,000 in the first two weeks of April, an increase of 11% over job losses announced for all of March......»»
U.S. companies reeling from coronavirus fallout, Fed survey shows
U.S. companies have been battered by the fallout from the novel coronavirus outbreak, with economic activity plunging at an unprecedented speed over the past few weeks, a Federal Reserve report released on Wednesday showed......»»
Is Zoom safe to use? Here"s what you need to know
Zoom, the videoconferencing service that has exploded into the vacuum created by the COVID-19 outbreak, has endured the revelation of a string of privacy and security flaws in recent weeks. How safe is i.....»»
Trump reportedly squandered 3 crucial weeks to mitigate the coronavirus outbreak after a CDC official"s blunt warnings spooked the stock market
Associated Press/Evan Vucci President Donald Trump's admini.....»»
Fauci: "no one is going to deny" that lives would have been saved if US coronavirus response came sooner
Associated Press/Patrick Semansky After the first case of the novel coronavirus was identified in the US in late January, President Donald Trump spent weeks downplaying the virus and putting off formal orders to respond to the outbreak. Reports have sin.....»»
Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19
U.S. aero parts maker Triumph Group Inc said it was furloughing about 2,300 employees across its U.S. and European plants for two to four weeks to cut capacity linked to Boeing commercial aircraft programs amid the coronavirus outbreak......»»
Crisis Exposes Devastating Consequences of Fed Policy: Americans Have No Savings
Two weeks ago, during a March 17 address to the nation in response to the COVID-19 outbreak, President Donald Trump asked that Americans work from home, postpone unnecessary travel, and limit social gatherings to no more than 10 people. And las.....»»
U.S. jobless claims exceed six million for second week in a row
A staggering 16.8 million Americans have filed for unemployment benefits in the last three weeks, with weekly new claims topping 6 million for the second straight time last week as the novel coronavirus outbreak relentlessly savages the economy......»»
U.S. jobless claims top 6 million for second straight week
A staggering 16.8 million Americans have filed for unemployment benefits in the last three weeks, with weekly new claims topping 6 million for the second straight time last week as the novel coronavirus outbreak relentlessly savages the economy......»»