Millions of pigs, chickens and cattle will be euthanized because of slaughterhouse closures, limiting supplies at grocers, said John Tyson, chairman of top U.S. meat supplier Tyson Foods.
Boeing is planning to resume production of 787 Dreamliners at its South Carolina factory early next month after a nearly monthlong closure because of the coronavirus.
Tyson Foods expects that millions of pounds of meat will disappear from the food supply as the company temporarily shutters beef, pork and chicken plants due to local coronavirus outbreaks.
The House speaker said the extended timeline of the coronavirus pandemic and resulting recession should cause Congress to look at different ways to guarantee that Americans' basic needs are met.
After asking workers back to its U.S. car plant this week, Tesla canceled its plans and California authorities extended health orders which limit the car maker to "minimum basic operations" there.
The number of orders placed online and picked up at stores by customers surged 208% between April 1 and April 20 compared with a year ago, according to data pulled from Adobe Analytics.
Jeffrey Gundlach, CEO of DoubleLine, said Monday that the stock market could sell off again to retest the low in March as he believes investors are too optimistic about the economic recovery from the coronavirus pandemic.
Hot dog and restaurant company Nathan's Famous said it received a $1.2 million loan under the Paycheck Protection Program (PPP), according to an SEC filing. In the wake of new federal guidance for the federal program, the company says it will return the money.
"All those things and many more, changes to our physical facilities, for instance, will be necessary for us to conclude that we are safe," Purdue University President Mitch Daniels told CNBC.
More than 1.9 million unemployment claims have been filed in Texas since the outbreak began and the state has paid out more than $2 billion, Abbott said.
The drugstore chains were among the retailers who pledged to host drive-thru sites in mid-March, but the effort to expand testing has been delayed by the lack of protective gear and testing kits.
The news conference, to be held in the Rose Garden, appears to replace the daily coronavirus task force briefing, which had been scheduled for the same time Monday. Trump has been the subject of criticism for his dangerous speculation about whether injecting disinfectants can help to treat Covid-19.