Corporate news

Francisco Hernandez puts concrete on a brick to be added to the outside of a new home, Wednesday, May 20, 2020, in Chagrin Falls, Ohio. (AP Photo/Tony Dejak)
Associated Press
May 20, 2020 - 5:22 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to national and global response, the work place and the spread of the virus. ________________________ ON AGAIN, OFF AGAIN: Ford temporarily halted...
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President Donald Trump speaks during an event on the food supply chain amid the coronavirus pandemic, in the Roosevelt Room of the White House, Tuesday, May 19, 2020, in Washington. (AP Photo/Evan Vucci)
Associated Press
May 19, 2020 - 6:53 pm
WASHINGTON (AP) — President Donald Trump emphatically defended himself Tuesday against criticism from medical experts that his announced use of a malaria drug against the coronavirus could spark wide misuse by Americans of the unproven treatment with potentially fatal side effects. Trump's...
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FILE - In this May 8, 2020, file photo, a J.C. Penney store sits closed in Roseville, Mich. The coronavirus pandemic has pushed troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. Penney said late Friday, May 15, 2020, it will be closing some stores and will be disclosing details and timing in the next few weeks. (AP Photo/Paul Sancya, File)
Associated Press
May 15, 2020 - 7:57 pm
NEW YORK (AP) — The coronavirus pandemic has pushed the storied but troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. As part of its reorganization, the 118-year-old company said late Friday it will be shuttering some stores...
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A Tyson Fresh Meats plant stands in Waterloo, Iowa, date not known. On Friday, April 17, 2020, more than a dozen Iowa elected officials asked Tyson to close the pork processing plant because of the spread of the coronavirus among its workforce of nearly 3,000 people. (Jeff Reinitz/The Courier via AP)
Associated Press
April 22, 2020 - 9:22 pm
IOWA CITY, Iowa (AP) — Tyson Foods suspended operations Wednesday at an Iowa plant that is critical to the nation's pork supply but was blamed for fueling a massive coronavirus outbreak in the region. The Arkansas-based company said the closure of the plant in Waterloo would deny a vital market to...
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Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Tuesday, April 21, 2020, in Washington. (AP Photo/Alex Brandon)
Associated Press
April 21, 2020 - 9:05 pm
WASHINGTON (AP) — President Donald Trump announced what he described as a “temporary suspension of immigration into the United States” on Tuesday. But the executive order would bar only those seeking permanent residency, not temporary workers. Trump said he would be placing a 60-day pause on the...
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FILE - This Jan. 29, 2010, file photo shows the company logo and view of Netflix headquarters in Los Gatos, Calif. Netflix picked up nearly 16 million global subscribers during the first three months of the year, helping cement its status as one of the world's most essential services in times of isolation or crisis. (AP Photo/Marcio Jose Sanchez, File)
Associated Press
April 21, 2020 - 6:43 pm
BERKELEY, Calif. (AP) — Netflix picked up nearly 16 million global subscribers during the first three months of the year, helping cement its status as one of the world's most essential services in times of isolation or crisis. The quarter spanned the beginning of stay-at-home orders in the U.S. and...
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A Chipotle Mexican Grill restaurant is seen at the Simi Valley Town Center, Tuesday, April 21, 2020, in Simi Valley, Calif. Federal prosecutors say Chipotle Mexican Grill has agreed to pay a record $25 million fine to resolve criminal charges that it served tainted food that sickened more than 1,100 people in the U.S. from 2015 to 2018. The fast food company was charged Tuesday in Los Angeles federal court with two counts of violating the Food, Drug, and Cosmetic Act by serving adulterated food. The charges stem from outbreaks of norovirus, which causes diarrhea, at Chipotle restaurants. The virus is easily transmitted by infected food food workers. The Newport Beach, California-based company will avoid conviction by improving its food safety. (AP Photo/Mark J. Terrill)
Associated Press
April 21, 2020 - 6:20 pm
LOS ANGELES (AP) — Chipotle Mexican Grill Inc. agreed Tuesday to pay a record $25 million fine to resolve criminal charges that it served tainted food that sickened more than 1,100 people in the U.S. in outbreaks from 2015 to 2018 and sent sales plunging. The fast food company was charged in Los...
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FILE - This Tuesday, July 2, 2019 file photo shows Eagle Butte mine in in Gillette, Wyo., following the closure of the Blackjewel mines.The coal industry was already hurting before the coronavirus. The pandemic has made things a lot worse. Production is down along with electricity demand, with office and school lights off across the nation. (Josh Galemore/The Casper Star-Tribune via AP, File)
Associated Press
April 19, 2020 - 10:54 am
CHEYENNE, Wyo. (AP) — Travis Deti has been working the phones to try to get government support for the U.S. coal industry during the coronavirus pandemic. Between recent calls, the head of the Wyoming Mining Association tried to unclog a sink at home. But unlike Deti’s sink, which eventually...
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Amid concerns of the spread of COVID-19, Belia Alvarado wipes the meat counter display at El Rancho grocery store in Dallas, Monday, April 13, 2020. (AP Photo/LM Otero)
Associated Press
April 13, 2020 - 6:13 pm
OMAHA, Neb. (AP) — Some massive meat processing plants have closed at least temporarily because their workers were sickened by the new coronavirus, raising concerns that there could soon be shortages of beef, pork and poultry in supermarkets. The meat supply chain is especially vulnerable since...
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FILE - This June 28, 2016, file photo shows a McDonald's sign in Miami. A few McDonald’s workers in Florida are filing a $500 million class action lawsuit against the company, claiming a "systemic sexual harassment problem" at company-owned stores. The lawsuit was filed Monday, April 13, 2020, in federal court in Illinois. (AP Photo/Alan Diaz, File)
Associated Press
April 13, 2020 - 5:23 pm
Two McDonald’s workers in Florida are filing a $500 million class action lawsuit against the company, claiming a “systemic sexual harassment problem” at company-owned stores. The lawsuit was filed Monday in federal court in Illinois, where McDonald’s is based. In the complaint, current McDonald’s...
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