May 5, 2020 | Finance
MILAN (AP) — Fiat Chrysler Automobiles on Tuesday reported a first-quarter net loss of 1.7 billion euros ($1.84 billion) due to a steep decline in car sales triggered by the coronavirus pandemic, and said the impact on the second-quarter would be even more severe. The...
May 5, 2020 | Finance
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the global economy, the work place and the spread of the virus.________________________ARE WE THERE YET?: Decisions about...
May 5, 2020 | Finance
IOWA CITY, Iowa (AP) — As the coronavirus spread from the nation’s meatpacking plants to the broader communities where they are located, it burned through a modest duplex in Waterloo, Iowa.In the downstairs unit lived Jim Orvis, 65, a beloved friend and uncle who...
May 5, 2020 | Finance
BOSTON (AP) — Before the pandemic, public transit users in cities around the country bonded over a slew of ills that plagued aging subway systems, from delays and breakdowns to the occasional derailment.Now those systems are grappling with a new reality — drastically...
May 5, 2020 | Finance
DETROIT (AP) — Major U.S. automakers are planning to reopen North American factories within two weeks, potentially putting thousands of workers back on the assembly line as part of a gradual return to normality. Fiat Chrysler CEO Mike Manley said on an earnings...
May 5, 2020 | Finance
WASHINGTON (AP) — The U.S. service sector shrank for the first time in a decade last month as the pandemic forced shutdowns and layoffs nationwide.The Institute for Supply Management said Tuesday that its service-sector index fell to 41.8 in April, compared with a...
