Editor’s Picks

India’s Jio Gets $750M Boost From Silver Lake

India’s Jio Gets $750M Boost From Silver Lake
India’s Jio Gets $750M Boost From Silver Lake
May 04, 2020  |  Investments

Private equity firm Silver Lake is investing $750 million in India’s telecommunications giant Jio Platforms, according to a report in the Wall Street Journal on...

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Uber Revs Up Restart, Will Require US Drivers And Riders To Cover Faces
Uber Revs Up Restart, Will Require US Drivers And Riders To Cover Faces
May 03, 2020  |  Ridesharing

Drivers for Uber will soon be required to wear masks in several countries, including the U.S., the company said. Get the Full Story Complete the...

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Georgia’s Push To Reopen Falls Flat As Consumers Stay Home
Georgia’s Push To Reopen Falls Flat As Consumers Stay Home
May 03, 2020  |  Coronavirus

The road to recovery after the coronavirus pandemic is widely expected to be a winding one as businesses, consumers and officials work to figure how...

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Kudlow: Third Round Of SBA PPP Loans ‘May Be’ Necessary
Kudlow: Third Round Of SBA PPP Loans ‘May Be’ Necessary
May 03, 2020  |  Loans

Some 2.2 million small business loans totaling $175 billion were extended on Sunday (May 3) in the second round of the Paycheck Protection Program (PPP)....

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US Judge: Uber Can Be Sued For Allegedly Forcing Out Rival
US Judge: Uber Can Be Sued For Allegedly Forcing Out Rival
May 03, 2020  |  Legal

A lawsuit against Uber alleges that the company engaged in deceitful practices to drive its competitor Sidecar Technologies out of business in 2015, according to...

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Texas Hotel Group To Give Back $70M In PPP Loans
Texas Hotel Group To Give Back $70M In PPP Loans
May 03, 2020  |  Loans

Texas hospitality group Ashford Inc. is buckling under pressure and will return $70 million in Paycheck Protection Program (PPP) loan money it received due to...

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Corporate Ransomware Payments Up In Remote Working Environment
Corporate Ransomware Payments Up In Remote Working Environment
May 03, 2020  |  B2B Payments

Corporate ransomware payment amounts rose sharply in the first quarter of this year, with a wave of coronavirus-related attacks and other peripherally-related cases because of...

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COVID Crisis Pushes Nearly 4M US Mortgages Into Forbearance
COVID Crisis Pushes Nearly 4M US Mortgages Into Forbearance
May 01, 2020  |  Economy

Nearly 4 million U.S. home mortgages — or 7.3 percent of the total — have entered into “forbearance” programs with their lenders as the COVID-19...

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UK Restaurants Say Social Distancing Could Bankrupt Them
UK Restaurants Say Social Distancing Could Bankrupt Them
May 01, 2020  |  Coronavirus

If restaurants and bars in the U.K. are required to apply social distancing when they reopen, many won’t survive, according to a new study of...

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