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GM Hustles to Pump Out Ventilators to Fight Coronavirus

When President Trump last week criticized General Motors Co.’s effort to produce ventilators, GM executives were flabbergasted. They felt the company was being unfairly targeted by the president, say people familiar with their thinking.GM had begun collaborating with a ventilator company a couple of weeks earlier. It had mobilized more than 1,000 employees and nearly…


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Oil Hits New Lows and Stock Markets Signal Lingering Unease: Live Updates – The New York Times

Right NowFacebook and Twitter delete posts from Brazil’s president, citing misinformation policies.Ford Motor and General Electric will produce 50,000 ventilators.Ford Motor and General Electric’s health care division said on Monday that they together planned to produce 50,000 ventilators over the next 100 days to help meet the needs of hospitals during the coronavirus pandemic.Ford plans…


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US, European stocks drop

Mar 28, 2020 – 6.07amShares ended lower in the US even after Congress approved a $US2 trillion rescue plan for the economy amid widespread disruption because of the coronavirus outbreak there.As of Friday afternoon in the US, there were more than 97,000 confirmed cases and almost 1500 deaths in the country.For the latest news on…


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Stocks Surge as Washington’s Aid Package Advances: Live Updates – The New York Times

Right NowThe S&P 500 climbed more than 6 percent as Wall Street extended its rally.General Motors announces further crisis measures.General Motors said on Thursday it would suspend production at its North American factories indefinitely, lay off 6,500 salaried employees and cut executive pay, signaling that the automaker believes that coronavirus will take a serious toll…


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Rental relief decision expected, as cases exceed 2800

LiveUpdated Mar 27, 2020 – 8.31am, first published at 7.19amKey PointsThe country’s death toll stands at 13, and its caseload at over 2800.Globally, there have been over 500,000 confirmed cases and 23,000 deaths.For a daily update on the pandemic, subscribe to our newsletter, Coronavirus: Need to Know, here.4 mins ago – 8.31amUS has the most confirmed cases…




Coronavirus-Era Food Supply: America Has a Lot. Moving It Is Tricky.

Coronavirus-Era Food Supply: America Has a Lot. Moving It Is Tricky.

You wouldn’t know it from the bare grocery store shelves across the country, but America has plenty of food. The challenge is getting it from the farm to your table.Companies that supply meat, vegetables and other staples are struggling to redirect the nation’s sprawling food supply chain to meet a surge in demand caused by…