Editor’s Picks

Norwegian Cruise Line Ponders Bankruptcy, Seeks New Investments

Norwegian Cruise Line Ponders Bankruptcy, Seeks New Investments
Norwegian Cruise Line Ponders Bankruptcy, Seeks New Investments
May 05, 2020  |  Travel Payments

Norwegian Cruise Line (NCL) is considering new funding and possible bankruptcy protection due to business losses triggered by the coronavirus pandemic. Get the Full Story...

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California AG Sues Lyft, Uber Over Alleged Worker Misclassification
California AG Sues Lyft, Uber Over Alleged Worker Misclassification
May 05, 2020  |  Ridesharing

California Attorney General Xavier Becerra, along with municipal attorneys from three cities in the state, is suing Lyft and Uber for allegedly misclassifying drivers as...

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Lack Of Travelers Puts The Hurt On Hertz
Lack Of Travelers Puts The Hurt On Hertz
May 05, 2020  |  Retail

As if you needed more evidence that the stay at home, all digital world was shattering the “old” economy, or that online platforms have provided...

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PPP Loan Program’s Flaw: It Pays To Be Jobless
PPP Loan Program’s Flaw: It Pays To Be Jobless
May 05, 2020  |  SMBs

The $2.2 trillion CARES Act passed by Congress last month brought good news for the unemployed workers and small businesses. Get the Full Story Complete...

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WeWork’s Ex-CEO Sues SoftBank Over Aborted $3B Deal
WeWork’s Ex-CEO Sues SoftBank Over Aborted $3B Deal
May 05, 2020  |  Legal & Regulation

WeWork Co-founder Adam Neumann has launched a legal battle with his company’s biggest investor, SoftBank Group Corp., charging that it has wrongfully reneged on a...

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Apple And Google App For Virus Contact Will Block Location Tracking
Apple And Google App For Virus Contact Will Block Location Tracking
May 05, 2020  |  Mobile

In new contact tracing apps built to combat the coronavirus, Apple and Google-parent Alphabet will ban the use of location-tracking GPS software that could compromise...

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Banks Extend $500B In PPP Loans To Help Struggling SMBs 
Banks Extend $500B In PPP Loans To Help Struggling SMBs 
May 05, 2020  |  Loans

Banks in the U.S. have extended over $500 billion in loans to small and medium-sized businesses (SMBs) affected by the COVID-19 pandemic. The Small Business...

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German FinTech N26 Notches $100M Amid Uncertainty
German FinTech N26 Notches $100M Amid Uncertainty
May 05, 2020  |  Investments

German challenger bank N26 closed a funding deal for an additional $100 million as it prepares for financial uncertainty due to the global coronavirus pandemic....

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