JPMorgan Chase is warning some customers that even if fresh funds for the federal small business relief program are approved, the money won't last and they might be better off applying elsewhere.
"Your application is still in Stage 1, with an extremely large volume of applications ahead yours," the bank said. "We wanted to give you this information, so that you can decide if you would like to try applying with another lender."
While you're here, how about this:
PG&E Hosting Series of Webinars to Keep Customers and Communities Informed About its
Starting this month, PG&E will host a series of county webinars to detail the progress of its numerous actions being executed as part of the Community Wildfire Safety Program and share how any needed PSPS events in 2020 are expected to be smaller in scope, shorter in duration and smarter for customers.
The schedule has been set up so that customers in adjoining counties can participate and hear details specific to their county. The webinars will feature a brief presentation and provide ample opportunity for participants to ask questions and provide feedback.
Apple says 'no evidence' iPhone mail flaw used against customers - Reuters
San Francisco-based cybersecurity firm ZecOps on Wednesday detailed a flaw that it said may have left more than half a billion iPhones vulnerable to hackers.
Zuk Avraham, ZecOps’ chief executive, told Reuters he found evidence the vulnerability was exploited in at least six cybersecurity break-ins.
Avraham said he found evidence that an attacker was taking advantage of the vulnerability as far back as January 2018, but that he could not determine who the hackers were.
Some local businesses seeing an uptick in customers | WGFL
While you're here, how about this:
ADT employee had access to more than 200 customers' home security systems in the Dallas area,
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Energy bills to lower next month for South Florida customers
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MIAMI-DADE COUNTY, Fla. – Energy bills for South Floridians will be lower next month thanks to Florida Power & Light and Homestead Public Service Energy.
FPL announced earlier this month that beginning May 1, it plans to issue a one-time reduction of nearly 25 percent for the typical residential customer bill as a result of lower fuel costs and the hardships many are facing.
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"Everyone at FPL understands how critical it is to continue to provide reliable electricity and to keep as much money as possible in our customers' pockets," FPL President and CEO Eric Silagy said in a statement. "Traditionally, our regulators expect these types of savings to be spread out over the balance of the year. However, challenging times call for exceptional measures.
Dell Unveils $9B Financing Program To Insulate Customers From COVID-19 Fallout
The world may be mostly closed for in-person business, but that doesn't mean businesses' infrastructure gets a break. If anything, with more people learning and working from home than ever before, infrastructure is working overtime. Against that backdrop, this week Dell Financial Services announced the availability of $9B in financing for customers struggling to fund their critical infrastructure needs.
The company's Dell Technologies On Demand program for flexible infrastructure consumption is also being modified to suit the current times. In addition to the three- to five-year term options that were previously available, there is now a one-year term option for businesses who want to utilize Dell's hyperconverged, hybrid cloud, storage and data protection solutions on a pay-per-use basis.
AT&T's massive TV losses continue as another 900,000 customers flee | Ars Technica
As we reported in early March , AT&T is planning tens of billions of dollars' worth of cost cuts, including job cuts, over the next three years. Today, AT&T COO John Stankey told investors that "we're not backing off our cost and efficiency transformation initiatives that remain largely under our control," according to Light Reading . Further Reading Struggling AT&T plans "tens of billions" in cost cuts, more layoffs
The first of those cost-cutting efforts "focus on AT&T's retail and third-party distribution operation" and the company's field operations, the Light Reading article said. Those two cost-cutting efforts are "now underway" and "would cut a combined $1 billion in recurring costs from the operator's bottom line," Light Reading reported. Stankey said AT&T will try to get more efficient at solving customer problems so the company can reduce the number of technician visits to customer homes.
Happening on Twitter
JPMorgan tells small business customers to apply with other banks on fear that funds will run out https://t.co/NRB6dwIwna CNBC (from Englewood Cliffs, NJ) Thu Apr 23 18:54:04 +0000 2020
scoop: @Chase is telling some of its #PPP customers to apply elsewhere as they are so far back in line, their loans… https://t.co/v396L7fuiK Hugh_Son (from NJ & NYC) Thu Apr 23 19:19:24 +0000 2020
* JPMORGAN CHASE & CO TELLS EMPLOYEES IT IS DEVELOPING STRATEGY TO RETURN EMPLOYEES TO WORK -MEMO * JPMORGAN HAS N… https://t.co/3adwcCUv2g carlquintanilla (from nyc) Tue Apr 21 15:56:40 +0000 2020
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