Dow gains fade as $2T coronavirus pkg. meets Democratic opposition

U.S. equity markets battled higher Wednesday morning after lawmakers struck a deal on a $2 trillion stimulus measure to provide aid to those most severely impacted by the COVID-19 pandemic.

Coronavirus pandemic forcing businesses to make difficult decisions in NJ
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The coronavirus pandemic has forced businesses in New Jersey to make some difficult decisions and try to figure out ways to keep their staff financially afloat.

NJ businesses facing difficult decisions amidst coronavirus crisis
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Businesses in New Jersey are facing difficult decisions as a result of the coronavirus pandemic. Some are turning to crowdfunding to try and keep their employees afloat financially.

Gunmaker Remington offers NY plant to make medical supplies

Remington Arms CEO Ken D'Arcy wrote a letter Monday to New York Gov. Andrew Cuomo and President Donald Trump offering "approximately one million square feet of unused and available manufacturing space" at the company's plant in Ilion, N.Y.

White House, Congress agree on $2 trillion coronavirus rescue bill

The White House and Senate leaders of both major political parties announced an agreement early Wednesday on an unprecedented $2 trillion emergency bill to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic.

Portal lists companies hiring in NJ right now amid the coronavirus crisis

Thousands of people have lost their jobs because of the coronavirus pandemic. But many companies that remain open need help and are hiring.

White House, Senate reach late-night deal on massive $2T coronavirus stimulus package

The White House and Senate leaders reached a deal shortly after midnight Wednesday on a massive $2 trillion coronavirus relief package, capping off days of heated negotiations that had nearly been derailed by last-minute demands from House Democrats.

Federal Reserve to lend up to $300B to fight economic meltdown

In a series of sweeping, aggressive steps, the U.S. Federal Reserve will lend to small and large businesses and local governments as well as extend its bond buying programs

Stocks fall as coronavirus bill fails second vote

U.S. equity markets slid Monday after the Federal Reserve announced "extensive new measures" to support the U.S. economy.

General Motors helping make more ventilation systems for hospitals

General Motors has said that it is partnering with Ventec Life Systems to increase production of desperately-needed ventilators to help patients suffering from respiratory problems.

Whiplash: All at once, a steady US economy screeches to halt

Three weeks ago, EmpireCLS was heading toward a second straight year of record business. A car service company in New Jersey, Empire couldn’t even find enough chauffeurs and office workers to meet its needs.

Factories transition to fight coronavirus, but challenges abound

Factories that crank out cars and trucks looking into making much-needed ventilators. Distilleries intended for whiskey and rum to instead turn out hand sanitizers and disinfectants. All are answering the call to help.

What essential services will remain open in New York State
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With Governor Andrew Cuomo announcing that all non-essential businesses in New York State must close as of 8 p.m. Sunday night, what will remain open?

Oil drops below $20 a barrel, later rebounds slightly

Oil prices plunged on Friday as the worldwide fallout from the coronavirus outbreak intensified.

Companies hoard cash amid coronavirus fallout

Companies across almost every sector are raising cash to ride out the outbreak.