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Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.

The American Transportation Research Institute’s recently announced list of research priorities for 2020 includes several key trucking industry issues, ranging from legal settlements to vehicle-miles-traveled taxes.

U.S. stocks slumped to a three-week low after Jerome Powell warned economic risks from the virus are significant and tensions with China flared. Treasuries and the dollar advanced.

Oil fell despite the first U.S. stockpile decline since January.

Illinois Gov. Jay “J.B.” Pritzker and the Illinois Department of Commerce and Economic Opportunity recently announced that $25 million in grant funding will be used to accelerate work on planned infrastructure projects.

The Federal Motor Carrier Safety Administration has again extended its emergency declaration relaxing hours-of-service rules for motor carriers that are providing direct assistance in support of coronavirus-related relief efforts.

The country’s transportation agencies would receive a funding boost in a coronavirus economic relief measure House Democrats unveiled May 12.

Alameda County officials said May 12 they have agreed to allow Tesla to reopen as early as next week if the auto manufacturer agrees to certain safety conditions.

Federal Reserve Chair Jerome Powell warned May 13 of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-lasting economic damage.

Uber Technologies Inc.’s offer to buy Grubhub Inc. antagonized officials in Washington and major U.S. cities, who already were taking steps to limit the fees companies charge restaurants and regulate their treatment of workers. If a deal between the companies proceeds, analysts said it is likely to face antitrust scrutiny.