Editor’s Picks

Brooklyn Man Charged With Allegedly Swiping Some $12,000 In IRS Stimulus Checks From Mail

Brooklyn Man Charged With Allegedly Swiping Some $12,000 In IRS Stimulus Checks From Mail
Brooklyn Man Charged With Allegedly Swiping Some $12,000 In IRS Stimulus Checks From Mail
April 30, 2020  |  Security & Fraud

Feng Chen, 31, of Brooklyn, New York, was charged with alleged theft of U.S. mail that included some $12,000 in government stimulus checks, other checks...

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Federal Reserve Extends Reach Of Main Street Lending Program
Federal Reserve Extends Reach Of Main Street Lending Program
April 30, 2020  |  Loans

The Federal Reserve is extending its $600 billion Main Street lending program to reach small and medium-sized businesses (SMBs) hit by the coronavirus pandemic, the...

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Macy’s Plans To Reopen 68 Locations After COVID-19 Closures
Macy’s Plans To Reopen 68 Locations After COVID-19 Closures
April 30, 2020  |  Retail

As it joins the ranks of returning merchants following COVID-19 store closures, Macy’s intends to open 68 retail locations on Monday (May 4) in states...

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JPMorgan Chase Submits Nearly $18B In PPP Loans
JPMorgan Chase Submits Nearly $18B In PPP Loans
April 30, 2020  |  Coronavirus

JPMorgan Chase & Co. told its small business clients that the New York financial services company has submitted 220,000 applications this week to the Paycheck...

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Another 3.8 Million Americans File Jobless Claims, Bringing COVID Total Above 30 Million
Another 3.8 Million Americans File Jobless Claims, Bringing COVID Total Above 30 Million
April 30, 2020  |  Coronavirus

COVID-19 continues to take its toll on the nation’s economy, as another 3.8 million Americans filed for jobless claims week ended April 25, the U.S....

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Facebook Daily Active Users Surge 11 Pct YoY Amid Pandemic
Facebook Daily Active Users Surge 11 Pct YoY Amid Pandemic
April 30, 2020  |  Earnings

Facebook’s earnings results showed the impacts of a pandemic that proved to be headwinds on its advertising business, but logged gains in monthly and daily...

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JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans
JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans
April 30, 2020  |  Loans

JPMorgan Chase was the biggest saver of funds in an effort by banks around the world to get ahead of a spate of bad loans...

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Half Of Mall Department Stores Expected To Close By Next Year
Half Of Mall Department Stores Expected To Close By Next Year
April 29, 2020  |  Retail

Long before the coronavirus struck, brick-and-mortar stores faced extinction by a combination of eCommerce and bankruptcies. Get the Full Story Complete the form to unlock...

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Pollo Tropical, Taco Cabana Parent Gives Back Small Business Aid; Treasury Aims To Have PPP Funds Given To Larger Firms Returned
Pollo Tropical, Taco Cabana Parent Gives Back Small Business Aid; Treasury Aims To Have PPP...
April 29, 2020  |  Loans

The coronavirus pandemic is disrupting businesses large and small. While the Paycheck Protection Program (PPP) was intended to help small- to medium-sized businesses (SMBs) weather...

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