Thousands of Pigs Rot in Compost as U.S. Faces Meat Shortage

There is perhaps no more dramatic an example of the destruction plaguing America’s food supply chain than this: Thousands of pigs are rotting on compost heaps as grocers run out of meat. Covid-19 outbreaks at slaughterhouses have led to the largest pig culling effort the U.S. has ever seen. Hundreds of thousands of animals are already backed up, and CoBank […]

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U.S. Jobless Claims in Millions Again, Higher Than Expected

The number of Americans seeking unemployment benefits remained in the millions for an eighth straight week as the economy continued to reel from the coronavirus pandemic. Initial jobless claims in state programs totaled 2.98 million in the week ended May 9, Labor Department figures showed Thursday, following 3.18 million the prior week. While filings have eased for a sixth straight […]

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FedEx, strained by coronavirus, caps how much retailers can ship from stores

Workers from Target, Amazon, FedEx to protest safety conditions Friday Frontline workers from a number of businesses are planning to strike Friday and some are asking customers to refrain from buying from those businesses in solidarity. FOX Business’ Lauren Simonetti with more. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading […]

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School reopening advice ‘must be published’

The government’s top scientific and medical advisers are being urged to publish the advice underpinning the decision to reopen England’s schools. Liberal Democrat Layla Moran made the call in a letter to Chris Whitty and Sir Patrick Vallance. On Wednesday, MPs were bemused when a Department for Education adviser indicated a lack of oversight over the way schools are being […]

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Coronavirus threatens surging global wealth: Report

US economy, consumer will see coronavirus recovery: Moody’s economist John Lonski Moody’s Analytics chief markets economist on why he sees optimism in Federal Reserve Chairman Jerome Powell’s coronavirus comments. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Global wealth has more than doubled over the last decade in the […]

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US Coronavirus Death Toll Crosses 84,000

As the rate of coronavirus-related death and infection continue to rise in the United States, the total death toll crossed 84,000. With 1749 more people reported dead in the last 24 hours, the total death toll in the country reached 84136. An additional 20,800 new cases took the total number of infections to 1,390,764, as of John Hopkins’ 7:45 a.m. […]

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Boeing Bags $3.1 Bln Worth US Navy Contracts

Aerospace and defense giant Boeing Co. has secured U.S. Navy contracts for Cruise Missile Systems with a combined value of $3.1 billion. The contracts are for Harpoon and Standoff Land Attack Missile Expanded Response or SLAM ER weapon systems in support of Foreign Military Sales or FMS. The U.S. Navy awarded about $2.6 billion worth contracts now, while the remainder […]

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Chinese Tourists Lured to Save Summer in Beijing’s European Ally

As Europe looks to salvage summer vacations after the economic devastation caused by the coronavirus, one country is courting visitors from 4,500 miles away. Serbia is kicking off a marketing campaign Friday that will target tourists from China, where Covid-19 first emerged. The eastern European nation is using a platform run by Alibaba to tout its ancient monasteries, mountain resorts […]

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NYC Council agrees to cap Grubhub, UberEats fees during pandemic

The New York City Council compared food ordering apps like Grubhub and UberEats to blood-sucking parasites on Wednesday before passing emergency legislation aimed at helping struggling restaurants lower their delivery costs during the pandemic. During the state of emergency caused by the coronavirus, food ordering and delivery apps will not be allowed to charge restaurants more than 15 percent in […]

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