Coronavirus: Hyundai extends shutdown at Montgomery plant

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Coronavirus: Hyundai extends shutdown at Montgomery plant

Hyundai won’t start building cars again at its Montgomery plant until at least May. The assembly line has been idle since March 18, when a Hyundai Motor Manufacturing Alabama worker tested positive for the coronavirus. The company announced Friday that …
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Eventbrite to lay off 45% of workforce because of coronavirus

Eventbrite Inc. EB, +10.34% , a ticketing and event management site among the hardest hit by coronavirus, on Wednesday said it will lay off 45% of its 1,000 to 1,100 workers. Company Chief Executive Julia Hartz made the announcement during a …
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Shoplifter charged with 'recklessly exposing' others to COVID-19 at Ohio Kroger

CINCINNATI (AP) — Authorities have jailed a 28-year-old woman accused of recklessly exposing other people to the COVID-19 virus. The Hamilton County sheriff’s office said Stephanie (also known as Lauren) Incarnato of Dayton, Ohio, allegedly shoplifted …
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PriceSmart's Q2 profit rises on higher revenue

PriceSmart Inc. said earnings rose in the fiscal second quarter as revenue climbed. The company posted a net profit of $25.6 million in the quarter ended Feb. 29, or 85 cents a share, up from $23.8 million, or 79 cents a share, in the comparable quarter a year …
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Oil Markets Are a Mess. Can World Leaders Straighten Them Out?

Usually it’s the world’s major oil-producing countries that step in when a big drop in prices roils the oil market. But these are not normal times. On Friday, a day after the Organization of the Petroleum Exporting Countries and other producers led by Russia are …
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