Some US companies wait for clarity on Covid-19 aid package

As the Trump administration on Friday began processing financial aid for small businesses under the $2.2 trillion coronavirus relief legislation that the president signed into law last week, some large businesses and corporation are waiting for more clarity on the conditions attached to these payments.

They are specially anxious about the possibility of the government picking up equity in borrowing firms in exchange. Boeing, which is looking at a substantial assistance package, has already opposed it saying it will explore other options. if forced to part with equity.

The administration is actively weighing, acquiring stake in borrowing companies, the big ones, as compensation.