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Who needs Instacart? U.S. farmers expand food deliveries during coronavirus outbreak

Farmers in rural America are expanding food delivery services to meet rising demand from consumers seeking to isolate themselves during the coronavirus pandemic and frustrated by empty grocery-store shelves.



4 years ago

U.S. stocks seesaw as vote awaited on stimulus deal

U.S stocks seesawed on Wednesday, digesting the previous session's huge rebound, with investors torn as optimism about an imminent $2 trillion coronavirus package was offset by concerned about the lasting economic impact from the pandemic. [.N]



4 years ago

Wall Street surges for second day as investors await $2 trillion aid package

Wall Street rallied for a second straight session on Wednesday as the U.S. Senate neared a vote on a $2 trillion package to support businesses and households devastated by the coronavirus pandemic.



4 years ago

Volkswagen expects car market to recover in summer: FAZ

Volkswagen expects the German car market to recover in the summer after the automaker was forced to suspend output because of the coronavirus pandemic, an executive told a newspaper on Wednesday.



4 years ago

U.S. set to grant automakers a lifeline -- but no bailout

The $2 trillion economic rescue package before the U.S. Senate on Wednesday would send the federal government to the auto industry's rescue for the second time in a dozen years.



4 years ago

Coronavirus-stricken U.S. companies pop poison pills

More U.S. companies are rushing to adopt so-called poison pills, dusting off a nearly 40-year-old takeover defense tool to ward off hostile bidders and activist shareholders eager to exploit the coronavirus-induced market sell-off.



4 years ago

Softbank-backed Ola seeks relief for drivers and taxi firms in India

Indian ride-hailing company Ola, backed by Softbank Group , wants loan waivers for drivers and a delay in tax payments to make up for coronavirus-related lost income, according to a source and document seen by Reuters.



4 years ago

U.S. coronavirus stimulus bill adds billions in support for farmers

The U.S. coronavirus stimulus bill that U.S. senators will vote on would add $14 billion to the Agriculture Department's Commodity Credit Corp spending authority, and authorize another $9.5 billion for U.S. farmers hurt by the fast-spreading pandemic, according to a copy of the bill's text.



4 years ago

Coronavirus exposes U.S. Uber, Lyft drivers' lack of safety net

As independent contractors, U.S. ride-hail drivers for Uber and Lyft benefited from soaring trip demand and flexible work hours.



4 years ago

Do more to stop coronavirus price gouging, U.S. states tell Amazon, Walmart, Facebook

A group of 32 U.S. states have a message for the nation's leading online platforms: You are not doing enough to stop price gouging amid the coronavirus crisis.



4 years ago

Oil prices rise on stimulus package, fuel demand sinks

U.S. crude prices rose slightly on Wednesday, bolstered by progress on a massive pending U.S. economic stimulus package, but government data shows the coronavirus pandemic started to hurt U.S. fuel demand last week.



4 years ago

First UK-listed firms edge towards BoE loan scheme

A handful of large British companies had emerged on Wednesday as likely candidates for the government's emergency lending scheme aimed at helping them tide over the coronavirus shutdowns afflicting many of the world's biggest economies.



4 years ago

For ECB, coronabonds could be shield against legal challenges

European Central Bank President Christine Lagarde has a concrete reason for putting pressure on euro zone governments to finance the fight against coronavirus with joint debt -- avoiding trouble with the courts.



4 years ago

Morgan Stanley's online trading system for wealthy clients is down

Retail brokerages have suffered sporadic outages this month amid unprecedented volatility and volume in markets amid the coronavirus crisis.

4 years ago

Fintech Fridays EP38: Why Identity Matters in an Evolving Online Environment

NCFA Canada | March 25, 2020 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Mar 25:  Why identity matters in an evolving online environment HOST: Tristram Waye, Fintech Friday's podcast episode GUEST: DAVID LUCATCH, President & Director – KABN Systems North America Inc. (Linkedin) About this episode: David Lucatch of KABN Networks North America joins

4 years ago