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US factory orders drop 14.4% as the economy comes to a standstill

WASHINGTON (AP) – Orders for large-ticket industrial goods fell 14.4% in March, the second-largest decline in existence. The worse than expected decline underscored the severity of the economic impact of the pandemic. Incoming orders for commercial airlines became negative as cancellations exceeded sales. These orders fell 295.7% with the sky largely clear of airplanes. The last time so few people …

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Smithfield Foods employees test positive for corona virus, pork factory in South Dakota closes

The Infectious Disease Expert, Dr. Thomas Inglesby, director of the Center for Health Security at Johns Hopkins University, accompanies Chris Wallace on “Fox News Sunday”. SIOUX FALLS, S.D. (AP) – Virginia Smithfield Foods announced on Sunday that the company would close its Sioux Falls pork processing plant until further notice after hundreds of employees tested positive for the corona virus …

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Kenya Coronavirus: The factory that turned into a surgical mask assembly line overnight

The relocation of production in the factory reflects the urgent need for even the most basic protective equipment. Like Kenya, most African countries have little experience in the manufacture of medical products and instead rely on imports from China and foreign aid. However, as the corona virus continues to spread across the continent, African governments are facing stiff competition from …

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How a Silicon Valley Factory Continues in the Age of the Corona Virus

(Reuters) – The managers of Green Circuits – a small electronics factory in Silicon Valley – thought they had to close when the San Francisco Bay Area instructed non-essential companies to close almost three weeks ago. A masked worker moves a cart at Green Circuits while the company, a key company, starts operating during the outbreak of rapidly spreading coronavirus …

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Factory activity drops as the coronavirus shock deepens

LONDON / TOKYO / WASHINGTON (Reuters) – Factories in large parts of the world fell silent in March as the coronavirus pandemic paralyzed economic activity. There was growing evidence that the world was slipping into a deep recession. FILE PHOTO: A worker welds on a market under construction in Kunming, Yunnan Province, August 12, 2015. REUTERS / Wong Campion Manufacturing …

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Dow futures are trading 300 points lower as uncertainty about the corona virus subsides after a temporary surge in factory data in China

Stock index futures pointed to losses for Wall Street on Tuesday as coronavirus deaths in the US and Spain worsened after stocks started to support after data showing a recovery in Chinese manufacturing activity in March the country came out of a lock. What are the main indexes doing? Futures on the Dow Jones Industrial Average YM00, -0.87% were down …

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Tesla is said to have reduced on-site staff at the Nevada factory by 75%

An aerial view of the Tesla Gigafactory near Sparks, Nevada Bob Strong | Reuters The US electric car maker Tesla plans to cut local workers at its Nevada battery plant by around 75% due to the coronavirus pandemic, the local district manager said on Thursday. The move follows after Japanese battery partner Panasonic announced that it would reduce operations at …

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Project Runway star Michael Costello transforms mask making factory

Play video content Exclusive TMZ.com Designer Michael Costello answers the call to help medical professionals protect themselves in the treatment of COVID-19 patients … by making much-needed masks. Season 8’s “Project Runway” darling was working in his DTLA factory on Friday when he came to us at “TMZ Live”. Michael changed his operation to develop medical and non-medical masks … …

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