Tesla, the Bay Area’s largest manufacturer, has greatly reduced the number of workers coming to its Fremont, Calif., assembly plant, though it’s not clear if the cutbacks put it in full compliance with health orders Alameda County and five other Bay Area counties imposed Monday to stem the spread of the coronavirus.
March 19, 2020Coronavirus
Tesla to Slash Workers Showing Up at Fremont Plant By Three-Quarters

Automakers Shut North American Plants Outright Over COVID-19 Fears
Concerns about the spreading coronavirus forced most of North America’s auto plants to close, at least temporarily.
March 19, 2020Cargo Container Availability Under Stress as Virus Goes Global
A shipping container shortage that has left everything from Thai curry to Canadian peas idling in ports may be about to get a whole lot worse as China steps up its coronavirus precautions on incoming vessels.
March 19, 2020Senate Clears Second Coronavirus Emergency Bill

The Senate on March 18 cleared for President Donald Trump a multibillion-dollar aid package targeting individuals affected by the coronavirus disease, known as COVID-19.
March 18, 2020FMCSA Issues Expanded HOS Emergency Declaration
The Federal Motor Carrier Safety Administration on March 18 issued an expanded national emergency declaration to provide hours-of-service regulatory relief to commercial vehicle drivers transporting emergency supplies in response to the coronavirus outbreak.
March 18, 2020Stocks Drop as Recession Fears Take Hold; Dow Loses 1,300

After a brutal few weeks, the Dow has now lost nearly all of its gains since President Donald Trump’s inauguration.
March 18, 2020Multiple Hits to Economy Likely to Trigger Recession, Analysis Shows
The U.S. economy amid the COVID-19 crisis is suffering under the weight of multiple factors, including lower consumer spending, falling business investment and global travel bans, according to a report from S&P Global Economics.
March 18, 2020Oil Floating-Storage Trade Is a Go After Crude’s Latest Tumble
The latest collapse in oil prices has put in play a lucrative trade to store crude at sea, reviving memories of the 2008-09 recession when millions of barrels were kept on the world’s oceans.
March 18, 2020Treasury Proposes Delivering $500B to Americans Starting April

The Treasury Department said March 18 it wants to dedicate $500 billion to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and businesses.
March 18, 2020UPS Helping With Coronavirus Testing Sites
UPS Inc. is joining a Trump administration effort to bring mobile coronavirus testing to several U.S. cities, the company announced March 16.
March 18, 2020