Lear Corp asks some Mexico workers to restart activity on Friday
U.S. auto parts maker Lear Corp has asked some workers in Mexico to restart activity on Friday, including training sessions on safety, the company said in a message to employees.
GM restarting Silao, Mexico eight-speed transmission line
General Motors Co on Thursday was restarting the eight-speed transmission line at its plant in Silao in Mexico’s Guanajuato state, according to a company message sent to workers.
Senators attempt to advance bill lengthening coronavirus business loan terms
Negotiators in the U.S. Senate reached agreement on Thursday on legislation that would double the period of time in which small businesses can use Paycheck Protection Program loans, to 16 weeks from the current eight-week limit, according to a Senate a…
Indiana mattress business adapts to lure customers back
Lauren Taylor is figuring out what’s required to run a mattress store in the age of a deadly pandemic.
Judgment on key aspect of Huawei CFO’s extradition trial in Canada due next Wednesday
A decision on a key legal aspect of the trial over whether Huawei Technologies Chief Financial Officer Meng Wanzhou can be extradited to the United States from Canada will be announced next Wednesday, the British Columbia Supreme Court said on Thursday…
Hewlett Packard Enterprises lays out $1 billion savings plan, pay cuts
Hewlett Packard Enterprise on Thursday unveiled a plan targeting gross savings of at least $1 billion by 2022 and cut the base salaries of top executives by 25% as the software maker seeks to weather the coronavirus crisis.
U.S. meat inventories tightened as virus shut slaughterhouses: USDA
U.S. frozen pork inventories fell in April, when they typically rise, and beef inventories dropped more than normal as the coronavirus pandemic shut slaughterhouses and prompted grocers to limit customers’ buying, government data showed on Thursday.
Nvidia forecasts sales above estimates, powered by data center results
Nvidia Corp on Thursday forecast second-quarter revenue above analysts’ estimates, as demand surges for its chips used in the data centers that power the shift to working remotely because of the new coronavirus outbreak.
Trump visits Michigan Ford plant amid political tensions, does not wear mask
President Donald Trump traveled on Thursday to the crucial U.S. election battleground state of Michigan to visit a Ford Motor Co plant amid tensions with its Democratic governor during the coronavirus pandemic, opting not to wear a protective face mas…
Top safety official at Waymo self-driving unit stepping down
Alphabet Inc’s Waymo self-driving unit said on Thursday that its chief safety officer, Debbie Hersman, was stepping down but would remain as a consultant to the company.
