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American Airlines passenger planes crowd a runway where they are parked due to flight reductions to slow the spread of coronavirus disease (COVID-19), at Tulsa International Airport in Tulsa

Shifting Gears: Who’s getting what in the multitrillion-dollar coronavirus bailout

It was government to the rescue this week, at least for some hard-hit transportation sectors. Here's what each industry is getting.

Uber’s CEO welcomed a $2 trillion stimulus bill that would finally let US drivers claim unemployment insurance

Uber has always fought vehemently against legislation that would re-classify its drivers as employees.
A protester outside Uber's office in Massachusetts.

For the first time, Uber drivers and other gig workers would qualify for unemployment insurance as part of the Senate’s $2 trillion coronavirus ...

The Senate bill offers relief for gig workers like ride-hailing drivers who have seen their living decimated during the coronavirus crisis.
Uber CEO Dara Khosrowshahi.

An Uber driver who got COVID-19 couldn’t get the company to cover his promised sick pay until he called out its CEO on Twitter

Uber and others have promised sick pay for gig workers affected by the coronavirus, but they're finding it hard to actually get the money.
Uber car service on the streets of New York.

New York City offers to hire out-of-work Lyft, Uber, and taxi drivers to deliver food to the elderly

The NYC Taxi & Limousine Commission expects demand to increase and plans to pay drivers $15 per hour, plus reimbursement for gas mileage and tolls.
SoftBank Group Corp Chief Executive Masayoshi Son.

Stock buybacks and cutting losses: SoftBank, the Japanese investment giant behind WeWork, is under immense pressure to shield itself from an upcoming ...

The company has come under pressure from investors like Elliot Management to buy back shares and reassure the public market while its stock plunges.
Quarter Car.

This driverless concept car has 4 individual sections for each rider to have their own area. It could be the future of rideshares in the age of corona...

On Tuesday, Uber and Lyft announced an indefinite suspension of shared ride options to slow the spread of the coronavirus.

SoftBank is reportedly looking to raise $10 billion to support startups reeling from the coronavirus outbreak — and some might not have enough c...

Uber, one of SoftBank's largest investments, has already seen its shares drop by more than 50 percent in the past month amid the coronavirus pandemic.

Uber surges 43% after its CEO says it has enough cash to get through the coronavirus pandemic

"We are well positioned to weather this," Uber CEO Dara Khosrowshahi said on a Thursday call with investors.