Nissan Furloughs 10K Workers
Workers in Tennessee and Mississippi have been told to file for unemployment benefits.
Apr 8th, 2020
Customers wear face masks as they line up to enter a supermarket keeping social distancing following the government's measures to help stop the spread of the coronavirus, in Tel Aviv, Israel, Tuesday, April 7, 2020. Israeli Prime Minister Benjamin Netanyahu announced Monday a complete lockdown over the upcoming Passover holiday to control the country's coronavirus outbreak, but offered citizens some hope by saying he expects to lift widespread restrictions after the week-long festival.
Layoffs Keep Coming
Apr 7th, 2020
The Boeing 787 Dreamliner.
Boeing Shuts Down 787 Operations
Apr 7th, 2020
A police officer stands outside St Thomas' Hospital in central London as British Prime Minister Boris Johnson was moved to intensive care after his coronavirus symptoms worsened on Monday April 6, 2020. Johnson was admitted to St Thomas' hospital in central London on Sunday after his coronavirus symptoms persisted for 10 days. Having been in hospital for tests and observation, his doctors advised that he be admitted to intensive care on Monday evening.
U.N.: 195M Jobs Could Be Lost
Apr 7th, 2020
n this April 3, 2020, file photo, the seats and aisles are empty as seen through the window of the closed Penndot Drivers License Center in Butler, Pa. Small business owners hoping for quick loans from the government were in a holding pattern Monday, April 6, 2020, waiting on their bank to either take their application or, if it did, send them the money.
Businesses Wait for Word, Money
Apr 6th, 2020
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States Predict 80% Slump in Auto Sales
Industry-wide predictions are worse than the drop seen during the Great Recession.
Apr 6th, 2020
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GE Furloughs Jet Engine Workers
Salaried and hourly employees will be furloughed for up to four weeks.
Apr 6th, 2020
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Boeing Virus Shudown Continues
95 of the company's Washington employees have tested positive for coronavirus.
Apr 5th, 2020
In this Thursday, April 2, 2020 file photo, Jovita Carranza, administrator of the Small Business Administration, speaks about the coronavirus in the James Brady Press Briefing Room of the White House n Washington, as Vice President Mike Pence, President Donald Trump listen. Millions of small businesses are expected to apply for a desperately needed rescue loan Friday, a stern test for a banking industry that has had less than a week to prepare for the deluge. Small businesses will be seeking loans from the $349 billion Paycheck Protection Program, which was put in place to help them retain workers and pay bills during the coronavirus pandemic.
Small Business Aid Hits Snag
Many small business owners ran into bureaucratic or technological road blocks.
Apr 5th, 2020
In this Thursday, April 2, 2020 photo, an oil rig lights up the horizon on the outskirts of Midland, Texas after a late sunset.
Chaos in the Oil Patch
Depressed prices carry negative economic implications, particularly in states that have become dependent on oil to keep their budgets balanced.
Apr 5th, 2020
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Snack Maker Keeps Farmers, Amazon Moving
Their cheese snacks are keeping the paychecks flowing for 250+ employees and local dairy farmers, but will that matter to the Shark Tank panel?
Apr 3rd, 2020
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General Mills Allowing Office Employees to Work in Plants
The company's new staff support actions allow healthy office workers to help in its factories and include enhanced benefits for plant employees.
Apr 3rd, 2020
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Co. Fined $1M for Made-in-USA Claims
It's the first ever financial penalty against a retailer for misleading country-of-origin claims.
Apr 3rd, 2020
Workers gather near the Unit 2 reactor which is undergoing re-fueling during a tour of the Browns Ferry nuclear plant in Athens, Ala. U.S.
Longer Shifts at Nuclear Plants
The shift extensions would allow workers to be on the job for up to 86 hours a week.
Apr 3rd, 2020
This Wednesday, March 18, 2020, file photo, shows a Tesla charging station for automobiles in Port Huron, Mich. Tesla's sales of its increasingly popular electric cars got off to a fast start in the year, even though the company had to slam the brakes along with other major automakers in March 2020 because of worldwide efforts to contain the worst pandemic in a century.
Tesla Sales Surged Pre-Virus
First quarter sales were up 40% from the year prior.
Apr 3rd, 2020
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OneWeb Files for Bankruptcy
Its $300 million satellite manufacturing plant was just completed in July.
Apr 3rd, 2020
A closed sign is shown at Romeo & Juliet Furniture and Appliances with an empty parking lot in Detroit, Thursday, April 2, 2020. The coronavirus COVID-19 outbreak has triggered a stunning collapse in the U.S. workforce with 10 million people losing their jobs in the past two weeks and economists warn unemployment could reach levels not seen since the Depression, as the economic damage from the crisis piles up around the world.
US Sheds 701,000 Jobs
Last month's actual losses were likely larger because the government surveyed employers before the heaviest layoffs hit.
Apr 3rd, 2020
Joe Tavi, Bloom Energy senior director of manufacturing, holds a refurbished ventilator as he kneels beside fuel cells, Wednesday, April 1, 2020, in Sunnyvale, Calif.
Can You Fix Ventilators?
California had a bunch of broken ones, and the governor had asked if San Jose-based Bloom Energy could repair them so coronavirus patients could breathe.
Apr 2nd, 2020
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Steelmaker to Shutter Plant
The Pennsylvania plant will close at the end of June.
Apr 2nd, 2020
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Chip Factory Sells for $6.3M
The plant sold twice since it closed in 2008, for $31 million and $13.4 million, but previous buyers abandoned plans to revive it.
Apr 2nd, 2020
The 2021 Chevrolet Silverado HD Carhartt Special Edition.
GM Halts Development
It stopped work on at least six forthcoming vehicle models.
Apr 1st, 2020
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Xerox Abandons HP Bid
HP has spent months fending off unwanted takeover bids from rival Xerox Corporation.
Apr 1st, 2020
I Stock 491333560
Ethanol Industry Aided in Making Sanitizer
Hospitals are desperately searching for hand sanitizer, and ethanol plants that can make large batches of alcohol have offered to help.
Apr 1st, 2020
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Navy Has Flushing Problem
The report found 150 other maintenance problems in the Navy's fleet.
Mar 31st, 2020
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GE Workers Protest Aviation Layoffs
Employees want idle factory space to be deployed in the fight against COVID-19.
Mar 31st, 2020
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Expert: Rule Could Kill Billions of Birds
The proposed change relating to toxic pits could devastate threatened and endangered species.
Mar 31st, 2020
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SMBs: When Will Aid Arrive?
With bills fast coming due, no end to business closings and an economy that's all but shut down, owners are worried about survival.
Mar 31st, 2020
Shutdown in Seattle to slow the spread of coronavirus empties the streets, March 26, 2020. Less economic activity means less revenue for utilities.
COVID-19 Will Slow Renewable Energy
But it can't stop it.
Mar 31st, 2020
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Abbott Making 50K Tests Daily
The new test provides a negative result in 13 minutes, and a positive result in five minutes.
Mar 31st, 2020
The dining section is closed off at East Side Pockets, a small restaurant near Brown University, Wednesday, March 25, 2020, in Providence, R.I. President Donald Trump wants the country open for business by mid-April, but some experts warn it's not as easy as flipping a switch.
US Consumer Confidence Sinks
Tuesday's reading was the since June 2017.
Mar 31st, 2020
In this Oct. 31, 2019, file photo, attendees walk past a display for 5G services from Chinese technology firm Huawei at the PT Expo in Beijing. Chinese tech giant Huawei says its 2019 sales rose 19.1% over a year earlier despite U.S. sanctions that hampered its smartphone and network equipment businesses.
Huawei: Pressure May Spur Retaliation
Huawei is at the center of tensions with Washington over China's technology ambitions and possible spying.
Mar 31st, 2020
In this photo released by Xinhua News Agency, a worker wearing a protective face mask irons clothes at a re-opened shopping mall in in Wuhan in central China's Hubei province, Monday, March 30, 2020. Shopkeepers in the city at the center of China's virus outbreak were reopening Monday but customers were scarce after authorities lifted more of the anti-virus controls that kept tens of millions of people at home for two months.
China's Manufacturing Rebounds
The ruling Communist Party is trying to revive the world’s second-largest economy after declaring victory over the coronavirus.
Mar 31st, 2020
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Open-Source, DIY Face Shield
After delivering 1,000 units to a local hospital, the Badger Shield is also being produced by other manufacturers, including Ford.
Mar 30th, 2020