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The U.S. Sought Passenger Data, but Airlines Said No

  • April 01, 2020
  • Business
  • Brooks Brothers said on Tuesday that it would use its manufacturing facilities in New York, North Carolina and Massachusetts to make masks and gowns for health care workers.

  • Tyson Foods said it would pay approximately $60 million in bonuses to 116,000 front-line workers and truckers in the United States. Eligible employees will receive a $500 bonus, payable in the first week of July.

  • JCPenney became the latest retailer to furlough many of its workers, saying on Tuesday that it was making the move to protect the “future of our company.” The retailer did not say exactly how many of its 90,000 workers would be furloughed, but said it would affect the majority of its store employees.

  • The Conference Board’s measurement of consumer confidence fell sharply this month, according to figures released Tuesday. It was the steepest one-month drop since August 2011. The data was collected through March 19, before many of the job losses from the coronavirus outbreak hit.

  • Walmart said it would start providing masks and gloves to workers. The company will also begin taking the temperatures of employees as they show up to work at stores and distribution centers. Any employee with a temperature of 100 degrees or higher will be sent home and cannot return to work until they are fever free for at least three days.

Reporting was contributed by Alisha Haridasani Gupta, Natalie Kitroeff, Jessica Silver-Greenberg, Michael M. Grynbaum, Clifford Krauss, Carlos Tejada, Ben Casselman, Alan Rappeport, Michael Corkery, John Koblin, Elizabeth Paton, Niraj Chokshi, Raymond Zhong, Peter Eavis, Davey Alba, Sheera Frenkel, Kevin McKenna, Mohammed Hadi, Geneva Abdul, Jonah Bromwich, Kate Conger, Ernesto Londono and Daniel Victor.

Article source: https://www.nytimes.com/2020/03/31/business/coronavirus-stock-market-updates.html

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