A NYC taxi. Photo: Spencer Platt/Getty Images

Ride-hailing companies Uber, Lyft, and Via presented New York City's council on Tuesday with a deal: They'd finance a $100 million "hardship fund" (over five years) to help struggling taxi drivers, in exchange for the city dropping its proposal to cap the number of cars allowed and set a minimum wage for drivers — but they were turned down by the city, says Lyft.

Why it matters: A handful of taxi drivers have committed suicide since November because of the financial burden of the city's expensive medallions, spurring renewed criticism of ride-hailing companies's effect on the taxi industry.

Uber CEO Dara Khosrowshahi recently said he'd support a fee or fund to help such drivers struggling financially, though taxi interest groups were not impressed.

Go deeper: Uber CEO calls for fees on ride-sharing apps to help taxis; NYC considers new pay rules for drivers

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Delta CEO: Trump administration should issue mask mandate for air travel

Photo: Al Seib/Los Angeles Times via Getty Images

Delta CEO Ed Bastian on Friday told CNN that he believes the Trump administration should move to require the use of face masks during air travel amid a surge in coronavirus cases.

The big picture: Delta already requires passengers to wear masks during its flights, but Bastian says it can be difficult to enforce that directive if passengers refuse — and he's not sure if other airlines would be on board.

Trump's outdoor New Hampshire rally postponed due to weather

Photo: Win McNamee/Getty Images

President Trump's outdoor campaign rally in Portsmouth, N.H., slated to take place on Saturday, was postponed on Friday due to weather from Tropical Storm Fay, a senior White House official confirmed to Axios.

The state of play: Press Secretary Kayleigh McEnany told reporters on Air Force One that the event would take place in "a week or two" instead. The outdoor rally — which had encouraged the use of face masks — was scheduled after sparse attendance at Trump's indoor comeback to the campaign trail in Tulsa.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 11 a.m. ET: 12,294,117 — Total deaths: 555,531 — Total recoveries — 6,761,933Map.
  2. U.S.: Total confirmed cases as of 11 a.m. ET: 3,118,168 — Total deaths: 133,291 — Total recoveries: 969,111 — Total tested: 38,032,966Map.
  3. Public health: The U.S.' new default strategy: herd immunity.
  4. Business: The pandemic is driving a second jobs apocalypse.
  5. ✈️ Travel: Airlines say air quality, cleanliness lower risk.
  6. Sports: Sen. Richard Blumenthal calls on colleges to cancel fall sports.