21 May Mnuchin Says ‘Strong Likelihood’ for More Stimulus Spending Treasury Secretary Steven Mnuchin said Congress very likely will need to pass more stimulus legislation for the U.S. economy, as the nation struggles to recover from the coronavirus outbreak. Read more...
21 May Samsara Announces Layoffs, Raises Capital Transportation technology company Samsara laid off 300 employees, or 18% of its workforce, and raised additional capital amid the challenges presented by the novel coronavirus pandemic. Read more...
21 May NHTSA Lets Self-Driving Shuttle Resume Carrying People A self-driving shuttle service that was ordered to stop carrying passengers in February has been cleared to resume operations with new safety precautions. Read more...
21 May Semi-Tough: Watch 185-Pound Football Player Pull 22,000-Pound Truck Canadian Football League player Lucky Whitehead pulled his pickup truck, which sparked a friendly competition and led to a tractor-pull challenge. Read more...
21 May Unlike China, India Oil Demand Stays Weak as Economy Falters It’s going to take months for oil demand in the world’s third-biggest market to get back to pre-virus levels as India faces its deepest recession ever in the wake of its near two-month lockdown. Read more...
21 May Tesla Drops Lawsuit Against Alameda County Electric carmaker Tesla dropped a federal lawsuit against Alameda County filed less than two weeks ago after resuming manufacturing at its Fremont plant against local orders. Read more...
21 May Coronavirus-Triggered Layoffs in US Hit 38.6 Million The number of Americans thrown out of work since the coronavirus crisis struck two months ago has climbed to nearly 39 million, the government said May 21. Read more...
20 May Trump Transportation Nominees Finch Fulton, Diana Furchtgott-Roth Advance to Senate Floor Nominees for senior-level posts at the U.S. Department of Transportation were approved by the Senate Commerce Committee on May 20. Read more...
20 May Senate Committee Advances FMCSA Safety Grants Bill Legislation aimed at facilitating financial assistance from the Federal Motor Carrier Safety Administration was easily approved by a Senate panel on May 20. Read more...
20 May Workers Cheered Upon Return to South Dakota Pork Plant Employees at a Smithfield pork processing plant in South Dakota where a coronavirus outbreak infected more than 800 people were greeted at work May 20 with thank you signs, cheers and waves from about a dozen area residents. Read more...