WASHINGTON — The number of Americans filing new claims for unemployment insurance fell last week for a second straight week, an indication that the coronavirus had not yet hit the labor market in a major way.
March 12, 2020Latest News Updates From Associated Press
Claims for Jobless Benefits Drop by 4,000
Cargo Not Affected as Trump Suspends Travel From Europe to US
WASHINGTON — Taking drastic action March 11, President Donald Trump announced he is cutting off travel from Europe to the U.S. and moving to ease the economic cost of a viral pandemic that is roiling global financial markets and disrupting the daily lives of Americans. Restrictions won't apply to cargo.
March 11, 2020140 Vehicles Involved in Two Wyoming I-80 Pileups; Three Dead
RAWLINS, Wyo. — At least three people died and dozens were injured in a pileup involving more than 100 vehicles, many of them tractor-trailers, amid blowing snow that closed part of Interstate 80 in Wyoming, officials said March 2.
March 2, 2020Amtrak Names Former Air Cargo Executive as New CEO
Amtrak named a former air cargo executive as its new president and chief operating officer March 2.
March 2, 2020Panasonic Scraps Solar Panels Partnership With Tesla
TOKYO — Panasonic is pulling out of its partnership with Tesla to produce solar panels at a factory in New York state, the Japanese electronics maker said Feb. 26.
February 26, 2020Peugeot Maker Sees Record Profit, but Coronavirus Clouds Horizon
PARIS — Despite record profits last year, Peugeot maker PSA Group said Feb. 26 it lost 700 million euros ($760 million) in China — and that was before the new virus hit a key manufacturing center.
February 26, 2020Moody’s Downgrades Auto Sales Forecast on Coronavirus Fears
FRANKFURT, Germany — Ratings agency Moody’s is lowering its forecast for global auto sales because of the new coronavirus outbreak.
February 26, 2020Energy Agency: Virus to Cause First Oil Demand Decline in Decade
The International Energy Agency expects demand for oil to fall in the first quarter as a result of the virus outbreak that emanated in China. Any fall would represent the first quarterly decline in a decade.
February 13, 2020Fiat Chrysler in Talks With Foxconn to Develop Electric Cars
MILAN — Fiat Chrysler is in talks with the Chinese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Jan. 17.
January 17, 2020Think Tank Says UAW Deals Increased Automakers’ Labor Costs
DETROIT — New contracts between the United Auto Workers union and Detroit’s three automakers substantially increased the cost gap between Detroit and foreign automakers with U.S. factories, an industry think tank says.
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