Business

Tuesday’s business headlines

The latest business headlines

INDIANAPOLIS (WISH) – Here’s a look at Tuesday’s business headlines.

Factories

There’s finally a light at the end of the tunnel for the U.S. manufacturing sector, which fell into a recession in the second half of 2019.

Data from the Institute of Supply Management shows the sector expanded in January after contracting for prior five straight months.

Drones

The FAA is moving to allow drones for package deliveries.

The FAA for the first time formally laid out a policy intended to vet the design and reliability of drones.

Amazon and other champions of commercial drones have long argued that certifying particular drone models is essential to promote the growth of package-delivery options.

Farm

Farm bankruptcies are rising in the U.S.

Last year, farm bankruptcies rose 20% in the U.S.

While the absolute numbers are small, they have been rising steadily since 2013, a year after the most recent peak in farm profits.

Iowa markets

Markets are higher this morning even as the results of the Iowa causes are in flux.

The results have been delayed due to inconsistencies.

Market analysts said yesterday a candidate with socialist views may cause the stock market to go down.

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