Latest Production facility outages News
Officials can't say if more companies nixed closure requests
FARGO, N.D. (AP) — North Dakota officials declined Wednesday to release information on any companies that have refused to cooperate with requests from health officials during the coronavirus pandemic and said information about one such company in Fargo was released in error. The Associated Press requested...
Domtar shuts down paper machine at Arkansas mill
ASHDOWN, Ark. (AP) — Paper company Domtar will not restart operations on its paper machine in Arkansas, putting about 109 employees out of work, the company said. The paper machine at the Ashdown mill was put on idle in April. Now, the mill will only produce pulp, according to a press release. “The...
S&P 500 ekes out 6th straight gain following jobs report
NEW YORK (AP) — Wall Street’s big rally let off the accelerator on Friday, despite a better-than-expected report on the U.S. job market, amid worries about worsening U.S.-China tensions and whether Washington can deliver more aid for the economy. The S&P 500 inched up 2.12 points, or 0.1%, to...
Apple shines in pandemic with $2 trillion value on horizon
Early in 2020, Apple appeared to be caught in a horrible bind. The initial spread of the novel coronavirus shut down the factories in China that assemble its iPhones and also closed its retail stores in a country that ranks as the company's biggest market besides the U.S. Things looked even bleaker in March after...
BMW reports loss for 2nd quarter but sees rebound in China
FRANKFURT, Germany (AP) — German automaker BMW lost 212 million euros ($250 million) in the second quarter as the coronavirus pandemic shutdowns cut vehicle sales by a quarter in the April-June period. The company saw a rebound in China, its biggest market. The net loss compared with a profit of 1.48...
Oil refinery in Gallup planning to close by end of this year
GALLUP, N.M. (AP) — An oil refinery that halted operations when the COVID-19 pandemic first hit New Mexico plans to permanently close by the end of this year. Albuquerque TV station KRQE reports Marathon Petroleum, which owns the oil refinery and employs about 220 people, told workers of the pending...
Sale of Speedway gas stations buys Marathon breathing room
SILVER SPRING, Md. (AP) — The $21 billion sale of Speedway gas stations has bought Marathon Petroleum some breathing room as the global pandemic continues to quash travel and smother demand for gasoline and jet fuel. Wall Street focused on the sale to 7-Eleven over the weekend, rather than the huge losses...
Fiat Chrysler muscles through, green shoots in North America
DETROIT (AP) — Fiat Chrysler overcame coronavirus-related factory shutdowns to post losses that were not as bad as feared, and the company predicted improving conditions for the remainder of 2020. The Italian-American automaker lost just over $1.2 billion, (1.05 billion euros) but still made $46.2 million...
Norfolk Southern profit falls 46% as virus slows shipments
OMAHA, Neb. (AP) — Norfolk Southern Corp.'s second-quarter profit fell 46% as the railroad hauled 26% less freight because of the coronavirus outbreak's impact on the economy. The railroad said Wednesday that it earned $392 million, or $1.53 per share, during the quarter. That's down from $722 million, or...
4 million gallons of partially treated water discharged
PORTLAND, Maine (AP) — Approximately 4 million gallons of partially treated wastewater has been discharged into Casco Bay, according to the Portland Water District. Last weekend a power failure at the East End Wastewater Treatment Plant led to the discharge and subsequent closing of East End Beach, the...
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