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A federal appeals court has denied an effort to temporarily lift a lower court’s preliminary injunction blocking California from enforcing a state law that restricts how motor carriers classify independent operators.

Oil soared after President Trump said that he expects Saudi Arabia and Russia to cut output back by 10 million barrels or more after he spoke with Crown Prince Mohammed Bin Salman.

Oil tanks at one of the world’s largest storage hubs on Africa’s southern tip already are almost full, limiting traders’ options as a historic flood of crude hits the market.

The economic damage from the coronavirus crisis piled up as an unprecedented 6.6 million Americans filed for unemployment benefits in a single week, and the competition for masks and other protective gear intensified amid growing evidence that people who are infected but have no symptoms can spread the virus.

House Democrats’ next legislative response to the coronavirus pandemic will focus on reviving long-standing infrastructure priorities, such as improving freight and commuter mobility.

House Speaker Nancy Pelosi said the next coronavirus stimulus bill should include at least $760 billion over five years for water projects, broadband and transportation — plus $10 billion for community health centers and more for housing and education — as a way to strengthen U.S. infrastructure and the economy.

Manufacturing contracted in the United States and around the world last month, dragged down by economic fallout from the coronavirus outbreak.

President Donald Trump said the U.S. would meet with Saudi Arabia and Russia with the goal of stanching a historic plunge in oil prices.

In the freight-hauling sector, certain loads have dwindled to a trickle. Other parts of the trucking industry are booming to meet the demand for necessary consumer goods and medical supplies, and adding drivers however they can.

The Philippines’ largest port could shut in less than a week if shipping containers aren’t moved to free up space for new cargo amid a lockdown that’s preventing businesses from retrieving freight.