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Meatpackers Welcome Trump Order; Others Question Virus Risks

Big meatpacking companies that have struggled to keep plants running during the coronavirus crisis said April 29 that they welcomed President Donald Trump’s executive order requiring them to stay open, but unions, some employees and Democrats questioned whether workers could be kept safe.

April 30, 2020

UPS Q1 Revenue Rises, Net Income Dips

UPS Inc. on April 28 reported an increase in first-quarter revenue but said the COVID-19 pandemic caused a shift in its business mix that affected its bottom line result.

April 28, 2020

Trump to Sign Order to Keep Meat Processing Plants Open

President Donald Trump will sign an executive order April 28 meant to stave off a shortage of chicken, pork and other meat on American supermarket shelves because of the coronavirus.

April 28, 2020

America’s Mass Hog Cull Begins With Meat to Rot in Landfills

The mass culling of America’s hog herd is starting as a wave of shutdowns at processing plants creates livestock gluts that farmers can no longer sustain.

April 28, 2020

China Merchants Group Explores Taking $4 Billion Port Unit Private

China Merchants Group Ltd. is exploring taking China Merchants Port Holdings Co. private after shares of the state-owned conglomerate’s unit slid in Hong Kong this year, according to people with knowledge of the matter.

April 28, 2020

NCDOT Looks to Drones as Coronavirus Relief Tool

The North Carolina Department of Transportation is preparing to launch a public-private partnership that will use drones in coronavirus-related relief efforts.

April 27, 2020

Virus Is Expected to Reduce Meat Selection, Raise Prices

Meat isn’t going to disappear from supermarkets because of outbreaks of the coronavirus among workers at U.S. slaughterhouses. But as the meat plants struggle to remain open, consumers could face less selection and slightly higher prices.

April 27, 2020

CSX Reports Declines in First-Quarter Earnings, Revenue

CSX Corp. on April 22 announced a first-quarter earnings drop of 8% to $770 million, or $1 per share, compared with $834 million, or $1.02, in the same quarter of 2019.

April 27, 2020

UPS to Fly Medications by Drone to Florida Retirement Community

UPS Inc. will use drones to fill prescriptions for residents of The Villages in Florida, one of the country’s biggest retirement communities, amid a lockdown to halt the coronavirus.

April 27, 2020