Quick Hits: April 29, 2020

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National Transportation Safety Board investigators announced the findings from a nearly two-year probe into the sinking of a duck boat on Table Rock Lake in Branson, Mo., which resulted in the deaths of 17 of the 31 passengers on board. The NTSB faulted faulted the tour company,Ride the Ducks of Branson, for continuing tours following severe thunderstorm warnings in the area, as well as the Coast Guard for failing to require design modifications to duck boats after a sinking in 1999 killed 13.

Garmin reported strong first-quarter revenue and operating growth but said it is withdrawing its fiscal guidance, given the uncertainty caused by the coronavirus pandemic. Revenue from the marine segment grew 22 percent in the quarter, which Garmin attributed to sales of plotters and sonar.

The Wall Street Journal reported earlier this week that Detroit’s car companies are targeting May 18 to commence limited production at U.S. factories. WSJ said executives from General Motors, Ford and Fiat Chrysler agreed on the timeline after talks with leadership from the United Auto Workers and Gov. Gretchen Whitmer’s office.

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