Editor’s Picks

Bumpy First Days As Banks Grapple With SMB PPP Demand

Bumpy First Days As Banks Grapple With SMB PPP Demand
Bumpy First Days As Banks Grapple With SMB PPP Demand
April 05, 2020  |  Loans

Call it a bumpy beginning — and that’s a charitable statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Biotech, Augmented Reality Startups Test Investment Appetite With IPOs
Biotech, Augmented Reality Startups Test Investment Appetite With IPOs
April 05, 2020  |  IPO

Two initial public offerings (IPOs) are testing investors’ appetites amid the coronavirus pandemic, according to statements from Zentalis Pharmaceuticals and WiMi Hologram Cloud. Get the...

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Bank Of America Boasts $22B In Bailout Loans
Bank Of America Boasts $22B In Bailout Loans
April 03, 2020  |  Coronavirus

It was a phenomenal Friday (April 3) for Bank of America. The Charlotte-based global lender told CNBC that 85,000 customers have applied for $22.2 billion...

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JPMorgan Now Taking Applications For Paycheck Protection Program
JPMorgan Now Taking Applications For Paycheck Protection Program
April 03, 2020  |  Loans

JPMorgan, one of the nation’s largest lenders, started accepting applications for loans from the federal government’s Paycheck Protection Program (PPP) on Friday (April 3), according...

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Amazon Will Reportedly Postpone Prime Day Until At Least August
Amazon Will Reportedly Postpone Prime Day Until At Least August
April 03, 2020  |  Retail

Amid the coronavirus, Amazon is delaying its Prime Day summer shopping event to August at the soonest and foresees a possible $100 million impact from...

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FIS Connects With Lenders On COVID-19 Relief For Small Businesses
FIS Connects With Lenders On COVID-19 Relief For Small Businesses
April 03, 2020  |  Coronavirus

Florida-based FinTech FIS is helping lenders provide Small Business Administration (SBA) loans under the coronavirus stimulus package, the company announced Friday (April 3). Get the Full Story...

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Uber Eats Accepts Donations For Restaurants; Pledges $5M To Fund
Uber Eats Accepts Donations For Restaurants; Pledges $5M To Fund
April 03, 2020  |  Coronavirus

To let diners assist their favorite eateries amid the COVID-19 pandemic, Uber Eats is putting an in-app donate button into place. The food delivery company also intends...

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People’s Bank Of China Injects $56B Of Liquidity To Boost Lending
People’s Bank Of China Injects $56B Of Liquidity To Boost Lending
April 03, 2020  |  International

The People’s Bank of China (PBOC) trimmed the amount of cash some banks must put aside as reserves as a way to encourage lending, as...

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Mnuchin: Community Banks Processed Almost $875M In Relief Loans
Mnuchin: Community Banks Processed Almost $875M In Relief Loans
April 03, 2020  |  Coronavirus

In a social media post, U.S. Treasury Secretary Steven Mnuchin said community banks have helped process many of the small business Paycheck Protection Program (PPP)...

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