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Meatpackers Welcome Trump Order; Others Question Virus Risks

Big meatpacking companies that have struggled to keep plants running during the coronavirus crisis said April 29 that they welcomed President Donald Trump’s executive order requiring them to stay open, but unions, some employees and Democrats questioned whether workers could be kept safe.

April 30, 2020

EPA, NHTSA Can Regulate Trailer Emissions, Agencies’ Attorneys Say

The Department of Justice has filed a legal document with the U.S. Court of Appeals for the District of Columbia supporting federal regulators’ authority to enforce an Obama-era greenhouse gas emissions rule to include first-ever federal regulation of greenhouse gases and fuel efficiency for trailers.

April 30, 2020

VW’s Diesel Woes Mount as EU Court Adviser Attacks Defeat Device

Volkswagen AG’s use of technology that helped it to cheat on diesel engine pollution tests violated European Union rules, an EU legal adviser warned in the second setback for the automaker at the bloc’s highest court this month.

April 30, 2020

30 Million Have Sought Unemployment Aid Since Virus Hit

More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.

April 30, 2020

Trump Shines Spotlight on Infrastructure Amid Uncertain Legislative Agenda

President Donald Trump continues to press lawmakers to take up an infrastructure funding package as part of ongoing COVID-19 relief efforts.

April 29, 2020

Oil Climbs on Biggest Jump in US Gasoline Demand in 11 Months

Oil rallied on optimism that consumption could gradually return as major producers continue to cut output to counter a global glut.

April 29, 2020

Economy Shrinks 4.8% in Q1 as Result of Coronavirus

The U.S. economy contracted by 4.8% on an annualized rate in the first quarter, according to the U.S. Commerce Department, which released the gross domestic product figures April 29.

April 29, 2020

Elon Musk Presses for US to Reopen Ahead of Tesla Earnings Report

Tesla Inc. shares have soared in spite of production shutdowns, likely demand disruptions and uncertainty about how soon the electric-car maker can restore more-normal operations.

April 29, 2020

US Economy Shrinks at 4.8% Pace, Signaling Start of Recession

The record-long U.S. economic expansion is over after almost 11 years, with what’s likely to be the deepest recession in at least eight decades now underway.

April 29, 2020

Trump to Sign Order to Keep Meat Processing Plants Open

President Donald Trump will sign an executive order April 28 meant to stave off a shortage of chicken, pork and other meat on American supermarket shelves because of the coronavirus.

April 28, 2020