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BOA Says 10 Pct Of $350B Emergency Loans May Be Already Gone 
BOA Says 10 Pct Of $350B Emergency Loans May Be Already Gone 
April 06, 2020  |  Coronavirus

Three days after lenders began accepting applications for business bailout loans, Bank of America said requests for the cash reached 10 percent by Monday (April...

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JPMC’s Dimon Assures Bank’s Health, Plans To Improve Diversity In Annual Shareholders’ Letter
JPMC’s Dimon Assures Bank’s Health, Plans To Improve Diversity In Annual Shareholders’ Letter
April 06, 2020  |  Coronavirus

Jamie Dimon, chief executive officer of JPMorgan Chase, sent out his annual letter to shareholders on Monday (April 6), outlining strategies amid the worldwide coronavirus...

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Facebook’s Marketplace Facing EU Antitrust Scrutiny 
Facebook’s Marketplace Facing EU Antitrust Scrutiny 
April 06, 2020  |  Facebook

The European Union (EU) is targeting Facebook’s Marketplace as the next leg in its antitrust investigation, according to a Monday (April 6) report in the...

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Visa Foundation Pledges $210M For COVID-19-Stricken Businesses
Visa Foundation Pledges $210M For COVID-19-Stricken Businesses
April 06, 2020  |  VISA

The Visa Foundation announced that it is pledging $210 million to fund two different programs that will support small and micro enterprises that have been...

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Apple Buys AI Voice Assistant Startup To Make Siri Smarter
Apple Buys AI Voice Assistant Startup To Make Siri Smarter
April 06, 2020  |  Apple

Siri is getting an assistant by way of the artificial intelligence startup Voysis, which Apple acquired to improve natural language technology, according to a Bloomberg...

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Wells Fargo To Cap SMB Bailout Loans at $10 Billion
Wells Fargo To Cap SMB Bailout Loans at $10 Billion
April 06, 2020  |  Loans

Wells Fargo announced it will begin taking loan applications on Monday (April 6) as part of the Paycheck Protection Program (PPP) and will disperse $10...

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Fed’s Bullard Puts Positive Spin On Economy Despite Steep Job Losses
Fed’s Bullard Puts Positive Spin On Economy Despite Steep Job Losses
April 05, 2020  |  Economy

Despite the coronavirus’ rampant shifts to the U.S. economy, St. Louis Federal Reserve President James Bullard says he doesn’t think the situation is a plummeting “free...

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Bitcoin Daily: Ping An’s FinTech Arm Teams Up To Launch Blockchain Solution; CFTC Calls For Default Ruling For Alleged Ponzi Scheme Founder
Bitcoin Daily: Ping An’s FinTech Arm Teams Up To Launch Blockchain Solution; CFTC Calls For...
April 05, 2020  |  Bitcoin

OneConnect Financial Technology and China Merchants Port Group (CMPort) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area....

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Switzerland Issues $15B In SMB Loans Within First Week Of Launch
Switzerland Issues $15B In SMB Loans Within First Week Of Launch
April 05, 2020  |  Loans

Switzerland is in the midst of an economic surge compared to other coronavirus-ravaged countries, with fast and efficient loans making the difference, experts say. Get...

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