INDIANAPOLIS (WISH) – Here’s a look at Tuesday’s business headlines.
Cummins has announced it will change shift patterns and reduce hours for employees at three local manufacturing facilities due to Gov. Holcomb’s statewide stay-at-home order to stop the spread of COVID-19.
The impacted facilities include Cummins fuel systems plant and Cummins engine plant in Columbus and Cummins Seymour engine plant.
The plants will be spreading out work over more days to allow for social distancing among workers.
Macy’s and Gap will furlough more than 200,000 employees beginning this week.
Kohl’s is furloughing about 85,000 of its approximately 122,000 employees.
The retailers say they have lost most of their sales.
Whole Foods workers plan to take action this week to demand better protections in the face of this deadly illness.
The group’s list of demands includes hazard pay at double the base rate for scheduled hours, guaranteed sick leave for anyone who self-quarantines, the shutdown of any Whole Foods store where an employee test positive for the novel coronavirus and more.
Consumers are loading up on pasta, rice and bread. Farm supply lines are disrupted. Counties are restricting agricultural exports.
The result: prices of wheat and rice, two of the world’s staple grains, are rising sharply. Difficulties moving grain within countries and across borders, couple with frenzied buying, could exacerbate the impact of the pandemic on the global food market, according to the Wall Street Journal.