Year: 2020

Manufacturers emerging from weeks in hibernation during the coronavirus pandemic are accelerating production with jumbled supply chains and less efficient plants, making it harder to rebuild the U.S. industrial sector.

The CEO of one of the country’s biggest chicken producers and three other industry executives were indicted for allegedly conspiring to fix prices on chickens sold to restaurants and grocery stores, the Justice Department’s first charges in a continuing criminal antitrust probe.

The delivery giant plans to impose surcharges on merchants with too many shipments and oversize packages, following a similar move by rival UPS.

Former United Auto Workers President Gary Jones pleaded guilty to embezzlement of union funds and racketeering, marking the highest-profile conviction yet in the government’s yearslong investigation into labor corruption within the auto industry.

Along Philadelphia’s 52nd Street corridor, mom-and-pop stores suffered major damage. Many had been gearing up for revival after weeks of coronavirus shutdowns, and some now face the prospect of months before reopening, if ever.

Protests and unrest over the killing of George Floyd last week have stirred up painful emotions and raised hard questions for many black professionals.

BYD, a Chinese electric-car maker turned mask producer, said it had secured a second reprieve on a troubled $1 billion deal to sell N95 masks to the state of California after missing a Sunday deadline

The company said demand for rides climbed in recent weeks as people began venturing out following Covid-19 lockdowns but remains well below levels seen a year earlier.