Finance

This Week: Manufacturing, bank earnings and jobless claims

The Federal Reserve issues data Wednesday on how industrial production fared last month, and major banks report quarterly results April 13, 2020, 5:10 AM 2 min read A look at some of the key business events and economic indicators upcoming this week: INDUSTRIAL PRODUCTION Analysts expect significant declines in industrial production due to the coronavirus

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‘Absolute chaos’ as businesses try to tap into rescue funds

NEW YORK — Desperate small business owners who hoped for a quick government lifeline to help them survive the coronavirus crisis are still without funds, instead battling red tape, wary banks and swamped computer systems. Thousands of owners who applied for loans under the government’s Paycheck Protection Program are in their second week of waiting

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Smithfield closes South Dakota pork plant due to coronavirus

Virginia-based Smithfield Foods is closing its pork processing plant in Sioux Falls, South Dakota, until further notice, after dozens of employees tested positive for the coronavirus April 12, 2020, 5:52 PM 4 min read 4 min read Share to FacebookShare to TwitterEmail this article SIOUX FALLS, S.D. — Virginia-based Smithfield Foods announced Sunday that it

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