"Smithfield Foods, the world’s biggest pork processor, said on Sunday it will shut a U.S. plant indefinitely due to a rash of coronavirus cases among employees and warned the country was moving “perilously close to the edge” in supplies for grocers."
"OPEC and its allies locked in a historic oil supply accord Sunday after Saudi Arabia, under pressure from the US, agreed to give Mexico a looser production quota, ending a four-day stalemate that threatened to escalate a price war in the midst of the coronavirus crisis."
"Global commodities trader Cargill Inc starting this spring will pay American farmers for capturing carbon in their field soils and cutting fertilizer runoff, an executive said."
"It’s a simple rule, designed to protect both homeowners and taxpayers: If you want publicly subsidized flood insurance, you can’t build a home that’s likely to flood. But local governments around the country, which are responsible for enforcing the rule, have flouted the requirements, accounting for as many as a quarter-million insurance policies in violation, according to data provided to The New York Times by the Federal Emergency Management Agency, which runs the flood insurance program."
"Russia and Saudi Arabia have called off their brutal price war and are now pushing dozens of major crude producers toward a deal that would slash production and help stabilize a market that's been rocked by the coronavirus pandemic."
"Oil prices have rallied from their recent lows in anticipation of an agreement being reached this week on massive production cuts to offset the collapse in demand caused by the coronavirus pandemic."
"It was Wednesday, March 11, when life began to turn upside down for Lee Householder and his 42 employees at Project:Homes, a nonprofit that does energy efficiency retrofits in Virginia."
"The nation's largest source of energy jobs — the energy efficiency sector — is experiencing mass layoffs from the coronavirus as utility and state programs shut down across the country, according to contractors and industry representatives."
"Oil faces a critical week as Saudi Arabia, Russia and other global producers work frantically to secure a deal aimed at stemming the crash in oil prices. The former partners-in-cuts traded barbs over the weekend over who’s to blame for crude’s crash, which led to a virtual meeting being re-scheduled for April 9."
"President Donald Trump has upended the panel of federal watchdogs overseeing implementation of the $2 trillion coronavirus law, tapping a replacement for the Pentagon official who was supposed to lead the effort."
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