Smithfield Foods announced Sunday that its massive pork processing plant in Sioux Falls, S.D., will close indefinitely amid a coronavirus outbreak. As of Saturday, more than 230 employees had tested positive for COVID-19, out of a workforce of about 3,700 people.
The National Governors Association is signaling an increasingly dire financial picture for states as Congress battles over the next round of coronavirus relief funding.
3M has sued a New Jersey firm that allegedly engaged in extreme price gouging for N95 respirator masks that can prevent the spread of the COVID-19 virus.
Across the state, hospitals are making cost-cutting measures to shoulder the blow of a temporary ban on elective surgeries and procedures. Together, hospitals are predicting a $3 billion loss over the next three months.
Many people who have lost jobs during the pandemic are still awaiting unemployment checks and are figuring out which bills to prioritize. Experts share unusual advice for these unusual times.
Democrats want to funnel the extra funding through community-based financial institutions, which they say help businesses owned by minorities, veterans and rural Americans across the country.
In its latest salvo, the Federal Reserve announced $2.3 trillion in new lending programs in an effort to keep businesses and local governments afloat during the coronavirus pandemic.
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