Coronavirus
Instacart Doubled Workforce in a Month
Instacart Inc. more than doubled the number of people who pick and deliver groceries to customers over the past few weeks and said it will add an additional 250,000 in the next two months, a response to unprecedented demand for the service.
Anguish Grows in Russia Oil Sector Overwhelmed by Price Fall
As Russia’s small oil producers struggle to survive a historic price crash, some say in private they wish they could just set their crude ablaze.
April 23, 2020ATRI Coronavirus Study Shows Truck Activity Spike, Dip in Six States
Although trucking activity spiked across six states during the coronavirus pandemic’s early days, a recent analysis from the American Transportation Research Institute indicates that such freight activity has declined.
Experts’ Pessimism Deepens Over Economy’s Health
The U.S. economy likely will shrink when first-quarter gross domestic product figures are released by the federal government’s Bureau of Economic Analysis on April 29.
Alcoa Cuts Supply and Pulls Outlook for Reeling Aluminum Market
One of the most recognizable names in the aluminum market offered little optimism for the industry as it’s rocked by the coronavirus crisis.
26 Million Have Sought US Jobless Aid Since Virus Hit
More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said April 23.
Food Trucks Hit Snags in Securing Permits for Rest Stops
A plan by federal regulators to allow food trucks at rest areas has hit some speed bumps.
Trump Focused on Infrastructure for Next Stimulus Package
After Congress cleared a nearly $500 billion small-business assistance bill, the Trump White House intends to pursue funding for infrastructure projects in the next economic stimulus measure.
Virus Exposes Supply Chain Problems Across Industries
The auto industry is just one of many whose supply chains have been impacted by the coronavirus outbreak.
Carmakers Headed for 50% Sales Dive Can Breathe Easier
Automakers are headed for a less drastic U.S. sales collapse than feared, according to market researchers.