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Manufacturing Cuts 18,000 Jobs in March

Manufacturing lost 18,000 jobs last month, with non-durable goods industries taking the biggest hit as the novel coronavirus (COVID-19) slammed the economy.

GM Reports Quarterly Profit, Raises Forecast

General Motors Co. today reported a quarterly profit as the Detroit-based automaker maintained output of high-profit trucks and SUVs despite a global shortage of semiconductors. The company also boosted its 2021 forecast.