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Stock impact report

White House and House Democrats agree to funding package for paid sick leave, funding for tests [TechCrunch Blog]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: TechCrunch Blog
Late Friday night, after nearly two full days of negotiations, the House of Representatives is finally set to pass a bipartisan plan to provide sweeping new benefits to workers and businesses affected by the outbreak of the novel coronavirus in the U.S. The new bill will offer paid sick leave, stronger unemployment benefits, free virus testing and more money for food assistance and Medicaid and was approved only after 13 phone calls between the House Speaker Nancy Pelosi according to a report in The New York Times After its approval this evening, the Senate will have to vote to approve the measure early next week before it can be signed into law by President Trump. While stocks rose sharply after the President’s address, delaying the bill could cause further economic uncertainty and continue what has been a wild couple of months for financial markets beset by barrage of bad news and stopgap measures designed to boost the economy, but failing to address the actual pressures impacting g Show less Read more
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