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Business and Economic News

Pork farmers face tough times with plant closures

Pork farmers face tough times with plant closures

Wednesday was the last day of operations at JBS pork processing plant in Worthington before its indefinite closure. This comes after reports of dozens of employees at the plant tested positive for COVID-19.
by Cathy Wurzer and Aron Woldeslassie

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Meat supplies unlikely to get very lean

Meat supplies unlikely to get very lean

Consumers may see some spot shortages of their favorite cuts after some big meat processors shut down because of COVID-19 outbreaks. But experts say if people don’t panic and hoard, overall supplies shouldn’t run out.
by Martin Moylan

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‘It was expected’: Worthington pork plant closes indefinitely

‘It was expected’: Worthington pork plant closes indefinitely

Health officials said Monday that almost 40 people with ties to the plant — employees and their family members — had confirmed cases of COVID-19. They expect that number to grow, as more people are tested and more positive cases are investigated.
by Hannah Yang

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This Charmin factory keeps humming even as much of America is hunkered down

This Charmin factory keeps humming even as much of America is hunkered down

Although millions of Americans are out of work or working from home, many are still working at factories nationwide. They have some lessons on what it will take to "reopen" the country safely.
by Scott Horsley

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Nearly 3 million homeowners get mortgage help, but others hit roadblocks

Nearly 3 million homeowners get mortgage help, but others hit roadblocks

Congress ordered lenders to let homeowners who've been hurt financially in the crisis to skip mortgage payments. Many are getting that help, but others say their lenders aren't playing by the rules.
by Chris Arnold

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President Trump doubles down on coronavirus testing capabilities

President Trump doubles down on coronavirus testing capabilities

President Trump said adequate coronavirus testing existed but was being underutilized by governors, following a chorus of complaints by state leaders and health care experts regarding the country's insufficient testing capacity.
by Alana Wise

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Free-falling: U.S. oil drops below $2 per barrel as demand disappears

Free-falling: U.S. oil drops below $2 per barrel as demand disappears

West Texas Intermediate hit the single digits for the first time in many decades, then kept plummeting, with oil selling for less than $2 a barrel. At the start of 2020, a barrel cost around $60.
by Camila Domonoske

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