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Biggest factory closing since World War II hits US, Europe

Bloomberg The economic impact of the growing coronavirus outbreak is shifting from service-driven industries like hotels and restaurants to the manufacturing sector on both sides of the Atlantic, leading to a synchronized shutdown of heavy industry that historians and industry experts say is unlike any seen since the 1940s. Automakers in the US and Europe are idling plants in response ...

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Tesla to hand out face masks, take workers’ temperatures

Bloomberg Tesla Inc. will hand out masks and take workers’ temperatures before they enter the carmaker’s California factory, according to an internal email laying out measures being taken while production keeps going. The company also is adding more hygiene stations and rearranging parts of the plant to promote social distancing, Valerie Workman, the carmaker’s head of human resources for North ...

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Germany needs $162bn stimulus, Merkel ally says

Bloomberg German Chancellor Angela Merkel’s government should finance a stimulus plan worth as much as 150 billion euros ($162 billion) to help offset the economic fallout from the coronavirus crisis, Bavarian state leader Markus Soeder said. Measures taken by Merkel administration, including an existing $610 billion liquidity program for companies, are insufficient, Soeder said. His comments come as the government ...

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