Trump invokes emergency authority; Big 3 automakers closing

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TIM SULLIVAN and DAVID RISING Associated Press MINNEAPOLIS (AP) — President Donald Trump on Wednesday invoked emergency authority to marshal industry to fight the coronavirus, as the economic fallout from the crisis mounted with word that nearly the entire U.S. auto industry is shutting down its North American factories to protect workers. On a day of head-spinning developments: — Stocks tumbled again on Wall Street on fears of a prolonged recession, falling so fast they triggered another automatic trading halt. The Dow Jones Industrial Average shed more than 1,300 points, or over 6 percent, and has now lost nearly all of the big gains it had posted since Trump's inauguration. Oil dropped below $21 per barrel for the first time since 2002. — More borders slammed shut across Eur
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