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New White House guidelines outline a phased approach to restoring normal commerce and services, but only for places with strong testing and seeing a decrease in COVID-19 cases.

BEIJING — Renault SA said April 14 it will shut down its main China business and focus on electric and commercial vehicles.

The coronavirus outbreak has thrown at least 16.8 million Americans onto the unemployment rolls in just three weeks, underscoring the terrifying speed with which the crisis has brought world economies to a near standstill.

Nissan is recalling more than a quarter-million SUVs, trucks and vans worldwide to replace potentially dangerous Takata air bag inflators.

The economic damage from the coronavirus crisis piled up as an unprecedented 6.6 million Americans filed for unemployment benefits in a single week, and the competition for masks and other protective gear intensified amid growing evidence that people who are infected but have no symptoms can spread the virus.

China’s manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen, an official survey showed March 30, but an industry group warned the economy has yet to fully recover.

The North American International Auto Show said that it will cancel its Detroit show because of the coronavirus pandemic and the center where it is held will likely be repurposed into a hospital.

WASHINGTON — President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law March 27, after swift and near-unanimous action by Congress that will support businesses, rush resources to overburdened health care providers and help struggling families during the deepening coronavirus epidemic.

WASHINGTON — The Senate late March 25 passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic that has killed more than 1,000 Americans. Following the unanimous vote, the bill now moves to the House.

After a brutal few weeks, the Dow has now lost nearly all of its gains since President Donald Trump’s inauguration.