BUSINESS

The fintechs say they can process the loans faster than big banks and get the money to needy businesses more quickly

England, France, and Russia extended lockdowns to try and curb COVID-19's spread while U.S. officials debated how best to proceed.

U.S. stocks rose on Tuesday amid hopeful signs that the coronavirus pandemic has plateaued.

The Department of Health and Human Services used Medicare data rather than coronavirus case load to calculate how much states will get from the first $30 billion in relief funds.

GrubHub, DoorDash, Postmates, and Uber Eats have found themselves in a lawsuit over menu prices.

Black Africans in Guangzhou have long suffered racism and discrimination

JC Penney was downgraded by Moody's to junk status with the firm saying that the impact of the coronavirus will "impede its turnaround strategy."

The $2.2 trillion coronavirus relief package set aside $349 billion for small businesses to encourage them to keep employees on the payroll.

IATA estimated that global airlines could lose $314 billion in revenue this year, up from its prior $252 billion estimate

Rite Aid has opened its second COVID-19 testing site, which is expected to conduct about 200 tests a day.

An exclusive report from The American Prospect reveals that the $2 trillion stimulus bill passed by Congress contains no rules stopping banks from seizing the $1,200 government stimulus checks to pay down personal debts.

Fiat Chrysler has recalled over 425,000 pickup trucks and SUVs because of a windshield wiper issue that could reduce visibility when driving.

The administration is negotiating with the companies for 23 million barrels of the strategic petroleum reserves 77-million-barrel capacity.

Walmart will open 20 COVID-19 test sites in its store parking lots by the end of April.

Big U.S. banks are bracing themselves for a wave of loan defaults as the pandemic eats away at profitability

The IMF is forecasting a 3% drop in global GDP this year. That compares to a 0.1% falloff in 2009, the height of the Great Recession.

Four Kroger employees have died from the coronavirus from different stores located in Michigan.

U.S. stocks rose on Tuesday amid hopeful signs that the coronavirus pandemic has plateaued.

Bangladesh, under a total lockdown due to coronavirus, is receiving help from its huge diaspora.

For major US Airlines, accepting the Trump administration's $25 billion bailout plan under the CARES Act would mean choosing quasi-nationalization over bankruptcy as they face $250 billion in losses because of the global coronavirus pandemic.

The governors of New York, New Jersey, Connecticut, Pennsylvania, Delaware and Rhode Island said it is essential they coordinate any moves to restart an economy shut down by the coronavirus pandemic.

U.S. stocks were mixed on Monday despite an agreement by OPEC and its allies to cut production.

Taco Bell is giving away free Doritos Locos Tacos on Tuesday.

Ford will begin producing respirators on Tuesday using an air blower system, which is similar to the fan found in its F-150 ventilator seats.

Poor residents can get free rice daily from ATMs set up in some cities.

Students can get a free Whopper from Burger King, if they have the right answer.

CEO Meg Whitman has revealed the ambitious streaming platform's first-week downloads.

The Fresh Market is requiring its employees and customers to wear face coverings when shopping at its stores during the coronavirus pandemic.

The Food and Drug Administration designated Koselugo as an orphan drug to treat neurofibromatosis type 1, which affects 3,000 to 4,000 individuals.