act

US manufacturing output dropped by the most in just over 74 years in March as the novel coronavirus pandemic fractured supply chains, suggesting business investment contracted further in the first quarter. The Federal Reserve said on Wednesday manufacturing production plummeted 6.3 percent last month, the biggest decrease since February 1946. Data for February was revised …

A fundraising streaming of 2019’s Celebrating 25 Magical Years of Disney on Broadway has been canceled after the organizers failed to get the rights. ‘Disney on Broadway’ had been set to air Monday on Broadwaycares.org with proceeds supporting the Broadway Cares/Equity Fights AIDS’ COVID-19 Emergency Assistance Fund, which was created to help actors and other theatre …

Tesla plans to furlough non-essential workers and cut employees’ salaries now that the coronavirus crisis has halted production at some of its factories. The electric-car maker will furlough staff who cannot work from home and are not performing crucial work at its plants, a company official told US employees Tuesday. Tesla expects to restart normal …

Nissan and Honda on Tuesday said they had furloughed thousands of workers at their US operations as the coronavirus pandemic slashes demand for cars in the country. A spokesman for Honda, which employs about 18,400 workers at plants in Alabama, Indiana and Ohio, said the Japanese automaker would guarantee salaries through Sunday, having suspended operations …

John Savage. Born in Old Bethpage, LI, recently on CBS’s “Seal Team.” About NYC: “My prayers today are for Elmhurst, where I grew up with guys who became NYPD officers.” About USA: “This great country, world leader, must deal with the unknown best we can.” About LA: “Some are ignoring the laws. My Malibu house …

Actor Jay Benedict, who appeared in “Aliens” and “The Dark Knight Rises,” is the latest celebrity to die from the coronavirus. He was 68. “It is with profound sorrow that we must announce Jay’s death on the 4th of April due to complications arising from a COVID-19 infection,” his official website announced. His agency, TSG, …

Patricia Bosworth, who started out as an actress in films such as “The Nun’s Story” and went on to become a notable celebrity biographer and magazine editor, died Thursday of complications of the coronavirus. She was 86. Her friend Ray Leslee wrote on Facebook, “Patti was more than a great writer. She was an inspiration and …

US manufacturing activity contracted less than expected in March, but disruptions caused by the coronavirus pandemic pushed new orders received by factories to an 11-year low, reinforcing economists’ views that the economy was in recession. The Institute for Supply Management said on Wednesday its index of national factory activity fell to a reading of 49.1 …

China’s manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen, an official survey showed Tuesday, but an industry group warned the economy has yet to fully recover. The ruling Communist Party is trying to revive the world’s second-largest economy after declaring victory over the coronavirus even as the US and …

Tesla is slashing the number of workers at its Nevada Gigafactory by about 75 percent as the coronavirus pandemic roils the company’s manufacturing operations, local officials say. The electric-car maker told officials in the surrounding Storey County that it would cut its on-site staff at the Reno-area factory “in the coming days,” county manager Austin …