JPMorgan Chase commits another $50 million to Detroit recovery

JPMorgan Chase commits another $50 million to Detroit recovery

JPMorgan Chase announced Wednesday it will commit $50 million in new philanthropic and business investments to aid Detroit’s economic recovery. The new investment would bring the financial services firm and bank’s total investment in the city to $200 …
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Verizon's Visible removes data speed caps, keeps $40 price

Verizon’s Visible, which is managed through an app, is removing its speed limits. CNET/Photo by John Falcone. Visible, Verizon’s $40 prepaid network, is removing its data speed caps. After previously offering unlimited data on Verizon’s 4G LTE network, the …
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Cheerios maker General Mills stock tumbles after sales disappoint

Shares of General Mills tumbled Wednesday after the Cheerios maker’s quarterly revenue fell short of analysts’ estimates as fewer Americans eat its snack foods. The company’s stock, which has a market value of $29.6 billion, fell by 8% during morning …
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Another Florida city pays hackers over ransomware attack

Lake City, Florida, will pay $460,000 to unlock its computers after suffering a ransomware attack for over two weeks. Angela Lang/CNET. Lake City isn’t the first local government to pay out hundreds of thousands of dollars to hackers over ransomware, and it’s …
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Facebook squeezes money from Instagram with new ads in Explore

Half of Instagram’s billion-plus users open its Explore tab each month to find fresh content and creators. Now the Facebook-owned app will do more to carry its weight by injecting ads into Instagram Explore for the first time. But rather than bombard users with …
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