News Tribune | Business

Business

Automakers help restart US industry as globe reopens further WARREN, Mich. (AP) — More than 130,000 autoworkers returned to factories across the U.S. for the first time in nearly two months Monday in one of the biggest steps yet to restart American industry, while an experimental vaccine against the coronavirus yielded encouraging results in a small and extremely early test. by Associated Press Published May. 19 2020 @ 12:05am

Uber cuts 3,000 jobs as pandemic slashes demand for rides NEW YORK (AP) — Uber has cut 3,000 jobs from its workforce, its second major wave of layoffs in two weeks as the coronavirus slashed demand for rides. by News Tribune Published May. 19 2020 @ 12:05am

US stocks rally on hopes for vaccine, economic recovery The stock market bounced back from its worst week in nearly two months Monday as optimism about a potential vaccine for the coronavirus and hopes for a U. by Associated Press Published May. 19 2020 @ 12:00am

Fiat Chrysler makes $6.8B Italy-backed loan request SOAVE, Italy (AP) — Fiat Chrysler Automobiles has confirmed a request for an Italian state-backed loan to help the automotive sector relaunch from the coronavirus shutdown, a move that set off debate in Italy over whether such money should be made available to companies with legal headquarters overseas. Published May. 18 2020 @ 12:05am

Restaurants, racing can resume, but new rules abound NEW ORLEANS (AP) — Restaurants can reopen in New Orleans, a city famous for its cuisine, but they must take reservations and limit the number of diners. Published May. 17 2020 @ 12:05am

Kroger announces new bonuses after cutting hazard pay CINCINNATI, Ohio (AP) — Just days after announcing it would end hazard “hero” pay to front-line workers, Kroger said it will give them extra “thank you” bonuses, the Cincinnati Enquirer reported. Published May. 17 2020 @ 12:05am

BBB Tips: Debt collection scams common during pandemic The coronavirus pandemic has upended the global economy, disrupted countless companies’ operations and shaken many Americans’ personal finances. by Michelle Gleba Better Business Bureau Published May. 17 2020 @ 12:05am

BizBeat: Chicken Lipz boutique opens on Jefferson Street Nacona Gaona isn't afraid of the hustle. The 24-year-old single mother knew she would need plenty of it to make her dream of opening a clothing store come true. by Nicole Roberts Published May. 17 2020 @ 12:00am

US retail sales plunged a record 16% in April as virus hit BALTIMORE (AP) — U.S. retail sales tumbled by a record 16.4 percent from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened the viability of stores across the country and further weighed down a sinking economy. by Associated Press Published May. 16 2020 @ 12:05am

3M more US layoffs intensify fears of lasting damage WASHINGTON (AP) — Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak forced more companies to slash jobs even though most states have begun to let some businesses reopen. by Associated Press Published May. 15 2020 @ 12:05am