Trump orders GM to produce ventilators under defense act
President Trump directs General Motors to repurpose its facilities to manufacture ventilators for COVID 19 patients under the Defense Production Act. GM aims to produce up to 10 000 ventilators per month with Ventec Life Systems, while Trump presses for faster action and hints at reopening plants.
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Trump
Detroit
Donald Trump
General Motors
U.S
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Auto Electronics
Kokomo
Indiana
Lordstown
Ohio
Automaker
Oval Office
Ventec
Chris Brooks
Brooks
Federal Emergency Management Agency
Mary Barra
Ford
Fox News
American consumer confidence falters as pandemic hits
The University of Michigan index shows the sharpest March drop since 2008, signaling a recession risk as lockdowns slow retail, services, and activity. Officials warn confidence decline may curb spending into year end, with two thirds of interviews before mid March shutdowns.
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Washington
U.S
University of Michigan
Oxford Economics
U.S. Econ
Curtin
Investors Hope After 20 Rescue Package Boosts Markets
Wall Street fell on Friday yet posted a strong weekly gain as the 2 trillion relief bill moved toward law. The S&P 500 slid 3.4 percent but rose 10.3 percent for the week, while the Dow gained 12.8 percent. Boeing led with a 70.5 percent weekly rise as relief discussions continued. The report notes unemployment claims surpassing 3 million and warns earnings outlooks turning negative across many sectors, especially airlines, with 86,000 U.S. cases and rising global totals.
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Wall Street
Boeing
House
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U.S
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Baird
At&t Inc
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AMD
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Amé Airlines
MGM Rsts
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Macys
Apple Inc
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AuroraCa
McDalds
Autobios
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Microsoft
MorgStan
BP PLC
Nymigtr
BkofAm
Newell Br
BarrickGld
BedBath
NiSource
NokiaCp
CallonPet
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Carnival
OcciPet
Cedarf
OwensCorn
Cisco
Citigroup
PepsiCo
ClovisOne
Petrobras
CocaCola
Pfizer
Comcast
RPM
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RylCarb
DeltaAir
Schimbrg
Disney
Sherwin
EggTrasfr
Shiloh
ExxonMbl
Sirilusxm
Facebook
Smucker
FirstEngy Snapinc Asce
Fordm
Sprint
Frotmim
TOP Sh Rs
GenElec
Groupon
Target Hallibrin
Nvacare
VisInkThrs
Tauunh
WalMart
Wells Fargo
Jpmorgch
Keycorp
Wendys Co
KindMorg
Yamana G
Kinross G
YumBrnds
Exch
Lt Sweet Crude Nymx
NYMX
New York Mercantile Exchange
CBOT
Chicago Board of Trade
CME
Chicago Mercantile Exchange
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Invcamrca m
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Dodge & Cox Inc
Dodge & Cox
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Doe
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Regis Cp
NexPoint
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Brinker
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Eton Ph
ArlingAst
Tilray
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