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Seven weeks into coronavirus lockdowns, Fed has a new, darker message

One Thursday morning seven weeks ago, Federal Reserve Chair Jerome Powell made a rare appearance on NBC's "Today Show" to offer a reassuring message to Americans dealing with economic fallout from measures to contain the coronavirus outbreak......»»

Category: topSource: reutersMay 14th, 2020

U.S. Congress presses bank regulators on coronavirus assistance, oversight

Lawmakers pressed U.S. regulators on Tuesday on their efforts to help struggling consumers, oversight of massive federal bailout packages and regulatory easing as they appeared before Congress for the first time since the novel coronavirus outbreak......»»

Category: topSource: reutersMay 12th, 2020

Coronavirus outbreak causes Tyson Foods to close NC plant for cleaning

Wilkes County, home to the plants, has 194 COVID-19 cases, with a "majority" linked to the Tyson plant......»»

Category: topSource: foxnewsMay 10th, 2020

Warner Music IPO coming despite coronavirus

Warner Music announced that it had been approved to list its Class A common stock under the symbol "WMG," hinting at what could be a rare initial public offering after the coronavirus outbreak forced a number of companies to put their plans on hold......»»

Category: topSource: foxnewsMay 7th, 2020

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......»»

Category: topSource: reutersMay 7th, 2020

11 tips to lessen the chances of getting sick while riding trains, subways, and buses in the age of coronavirus, according to experts

Getty/NurPhoto The coronavirus outbreak has infected almost 4 million people globally, resulting in over 261,000 deaths. New York Gov. Andrew Cuomo announced in a press conference on April 24 that the .....»»

Category: topSource: businessinsiderMay 6th, 2020

Gold"s Gym files for bankruptcy protection amid fitness closures

Gold’s Gym International Inc. sought court protection from its creditors, unable to keep up with debt payments after the prolonged shutdown caused by the coronavirus outbreak......»»

Category: topSource: moneycentralMay 4th, 2020

Why Tyson Foods Earnings Disappointed Investors

Tyson Foods reported fiscal second-quarter earnings Monday morning that fell short of analysts' expectations as the coronavirus outbreak has raised costs and lowered productivity......»»

Category: blogSource: 247wallstMay 4th, 2020

Tyson faces safety costs, sales hit from coronavirus

Tyson Foods Inc said on Monday it would temporarily close plants as needed in the battle with the coronavirus outbreak and expects meat sales to fall in the second half of this year as shutdowns hammer restaurants and other food outlets......»»

Category: topSource: reutersMay 4th, 2020

Amazon, Target, Instacart workers stage protests, sick-outs

Some workers at Amazon, Target and Instacart staged protests and sick-outs Friday to demand a safer work environment and better pay during the coronavirus outbreak......»»

Category: topSource: moneycentralMay 1st, 2020

Coronavirus update: More than a million people have recovered; Trump pushes China conspiracy theory

The number of patients that have recovered from the coronavirus that causes COVID-19 rose to more than a million on Friday, offering a rare piece of good news in the pandemic that has caused more than 230,000 deaths and tanked economies around the world......»»

Category: topSource: marketwatchMay 1st, 2020

Coronavirus update: More than a million people have recovered; and Trump continues to push China conspiracy theory

The number of patients that have recovered from the coronavirus that causes COVID-19 rose to more than a million on Friday, offering a rare piece of good news in the pandemic that has caused more than 230,000 deaths and tanked economies around the world......»»

Category: topSource: marketwatchMay 1st, 2020

Tyson Foods temporarily pauses operations at beef facility in Dakota City

Tyson Foods Inc is halting operations at a beef facility in Dakota City, Nebraska until May 4 to complete a deep cleaning of the plant amid the coronavirus outbreak, a unit of the largest U.S. meat supplier said on Wednesday......»»

Category: topSource: reutersApr 29th, 2020

Lyft to cut 982 jobs due to coronavirus outbreak

Lyft Inc plans to lay off 982 employees, or 17% of the ride-hailing firm's workforce, due to economic challenges caused by the coronavirus pandemic, the company said in a regulatory filing on Wednesday......»»

Category: topSource: reutersApr 29th, 2020

Home prices were rising before coronavirus shut the economy

U.S home prices were rising at a steady pace in February before the viral outbreak shuttered much of the economy and caused a sharp decline in home sales......»»

Category: topSource: moneycentralApr 28th, 2020

EU share of renewable energy up amid COVID-19

Finnish ship technology and power-plant maker Wartsila said the coronavirus outbreak has caused the share of renewable energy in Europe’s power production to increase rapidly. Megan Revel reports......»»

Category: videoSource: reutersApr 28th, 2020

Tyson Foods closes key Iowa pork plant after coronavirus outbreak

Tyson said the closure of its plant in Waterloo, Iowa, would deny a vital market to hog farmers and further disrupt U.S. meat supply. More than 18.....»»

Category: topSource: chicagotribuneApr 24th, 2020

Oil prices rise, capping week of historic turmoil over coronavirus

Oil prices climbed on Friday, adding to gains from earlier sessions after producers such as Kuwait said they would move to cut output and the United States approved another package to cope with the turmoil caused by the coronavirus outbreak......»»

Category: topSource: reutersApr 24th, 2020

Oil prices rise more than $1 after week of turmoil amid viral outbreak

Oil prices jumped again on Friday, gaining more ground as producers like Kuwait said they would move to cut output and as the United States approved another package to cope with the economic disruption caused by the coronavirus outbreak......»»

Category: topSource: reutersApr 24th, 2020

Coronavirus dampens Xilinx"s current-quarter revenue forecast

Xilinx Inc on Wednesday forecast first-quarter revenue below estimates and refrained from providing an annual outlook, citing the uncertainty caused by the coronavirus outbreak.    The pandemic has ripped through the .....»»

Category: topSource: reutersApr 22nd, 2020