Stocks in Asia Surge Despite China’s Grim G.D.P. Report: Live Updates

The announcement is the first attempt at large-scale resumption of business activity by a U.S. corporation since the coronavirus outbreak forced companies and government officials to shut down most nonessential work. President Trump is encouraging businesses and states to reopen the economy by May 1 or earlier.

“Following thorough reviews of local conditions, we’ve started restoring operations at some sites where work has been suspended,” Boeing’s chief executive, Dave Calhoun, said in a letter to employees ahead of the announcement. This week, the company brought about 2,500 employees in the state back to work, most of them focused on defense production operations.

Of Boeing’s approximately 160,000 employees worldwide, there are at least 66 current confirmed coronavirus infections. At least 124 others have recovered after being infected.

Boeing employees who return to work in the coming week will find new health and safety precautions in place, such as staggered start times and spread-out work areas, the company said. But a company spokesman, Charles Bickers, said Boeing would not test employees for the virus.

Article source: https://www.nytimes.com/2020/04/17/business/stock-market-today-coronavirus.html