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Jump In Mortgage Refinancing Leads To Record-Breaking Loan Volume For Lenders Low mortgage interest rates continue to fuel a surge in refinance activity amid the coronavirus pandemic, resulting in record-breaking loan volume for lenders over the past two months. Rates continued their downward spiral in April to 3.48%, down from 3.65% ...
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Arizona sues Google over allegations it illegally tracked Android smartphone users' locations Arizona Attorney General Mark Brnovich sued Google on Wednesday, alleging the tech giant violated its users' privacy by collecting information about their whereabouts even if they had turned off such digital tracking. The lawsuit seeks unspecified damages ...
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Phase II Trials Starting 'Any Day' So Why Is Moderna's Stock Down 40%? When one of MIT's most prolific inventors, Robert Langer, first saw the data from a messenger RNA (mRNA)-driven process for creating stem cells, what most impressed him was how the engineered mRNA was able to penetrate the cell without invoking an ...
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7 Ways Credit Cards Can Help Grow Your Business Forbes has partnered with The Points Guy for our coverage of credit card products. Forbes and The Points Guy may receive a commission from card issuers. Some of the offers mentioned below may no longer be available. A business credit card isn't just ...
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Billionaire Icahn exits Hertz with 'significant' loss after bankruptcy filing (Reuters) - Billionaire investor Carl Icahn, who was the largest shareholder in Hertz Global Holdings Inc, unloaded his entire stake in the rental car company at a "significant loss" days after it filed for bankruptcy protection. According to a regulatory filing ...
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Apache Corporation Announces Exclusive Listing on Nasdaq HOUSTON, May 27, 2020 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) today announced it has elected to list its common stock solely on the Nasdaq Stock Market beginning June 9, 2020. The company will discontinue listing its ...
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Another Ford plant temporarily shuts down after an employee tests positive for Covid-19 New York (CNN Business) Ford temporarily suspended work at part of its Kansas City assembly plant Tueday after another employee tested positive for Covid-19. The shutdown in the Missouri plant lasted only an hour, and Ford completed its scheduled ...
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Quest Diagnostics hopes to nearly double daily coronavirus testing capacity by end of June, CEO says Quest Diagnostics CEO Steve Rusckowski told CNBC on Wednesday that the company continues to ramp up its coronavirus testing capacity as more workers begin to return to the job. The company is conducting about 80,000 diagnostic tests for Covid-19 per ...
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Bankruptcy cases, store closings pile up as coronavirus wreaks havoc for JC Penney, Hertz, others Companies are rushing to U.S. Bankruptcy Court during the coronavirus pandemic, seeking refuge from their creditors as they grapple with the fallout from temporary store closures and the travel industry shutdown. So far, most of the bankruptcy filings have ...
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Coronavirus update: Global death toll climbs above 353000; US deaths surpass 100000 Domino's Pizza and Papa John's enjoy strong sales bump, while Ralph Lauren's sales falter with stores closed. A burial in the Amazon forest in Brazil of suspected victims of COVID-19. Getty Images. Email icon; Facebook icon; Twitter icon; Linkedin icon ...
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American Airlines to allow travelers to switch from crowded flights as coronavirus fears linger American Airlines joins United in alerting travelers about crowded flights and giving them the option to switch. The measures are aimed at calming travelers nervous about packed planes because of the coronavirus. American's CEO, Doug Parker, says ...
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Goldman Sachs: Unemployment Could Remain High For Next 2 Years High unemployment could remain a constant for the next two years as people struggle to find jobs, according to Goldman Sachs. The numbers could remain stagnant because of the policies adopted in several countries that discourage returning to work, ...
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Coronavirus has made the supply-and-demand imbalance in Boston-area housing market even worse If you're looking to sell a house, this spring has turned out to be a surprisingly good time to do so. If you're looking to buy one, well, good luck. Home prices in the region surged in April, according to data out Wednesday from local real estate groups, while the ...
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HP delivers mixed Q2 results, printer sales down 19% HP delivered mixed second quarter financial results on Wednesday as unit sales declined in both the personal systems and printer segments. The company reported fiscal second quarter earnings of $1.4 billion, or 53 cents a share, on revenue of $12.5 billion ...
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Box forecasts full-year revenue above estimates on remote-work boost (Reuters) - Box Inc (BOX.N) forecast annual revenue above analysts' estimates and beat targets for quarterly sales on Wednesday, as demand rises for its online collaboration tools due to the global shift to work from home caused by the COVID-19 pandemic.
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Stimulus Check Debit Cards Arrive In Plain Envelope From "Money Network Cardholder Services" If your latest tax return was processed by the IRS at their Andover, MA or Austin, TX location then you will receive your stimulus check by way of a mostly-free debit card. This will apply to almost 4 million Americans and the cards have already been issued and ...
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Gilead Study Shows Shorter Five-Day Course of Remdesivir Works as Well as 10-Day One (Reuters) - Gilead Sciences Inc, which has suggested that a shorter treatment duration could extend limited supplies of its drug remdesivir, on Wednesday published results of a study showing no significant difference in outcomes between 5- and 10-day ...
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France top European destination for new foreign investment: EY PARIS (Reuters) - France has overtaken Britain and Germany as the top destination for international investments in Europe for the first time, a survey showed on Thursday, although the number of projects risks being revised in the wake of the coronavirus ...
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Why Beyond Meat's 7% Drop in Share Price Today Is Even Scarier Than It Looks It's been nothing but good news for the fake meat producer this week, but the stock keeps going down regardless. Rich Smith. (TMFDitty). May 27, 2020 at 4:04PM. Author Bio. I like things that go "boom." Sonic or otherwise, that means I tend to gravitate ...
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Starbucks mugs and tumblers are in hot demand from bargain hunters New York (CNN) Forget Gucci, Chanel or Louis Vuitton. It's Starbucks that's emerged as a hot brand for bargain hunters. Shoppers in the past several weeks have flocked to popular resale marketplaces like Poshmark and OfferUp to score mugs, tumblers and ...
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KNOT Offshore Partners LP: Earnings Release—Interim Results for the Period Ended March 31, 2020 ABERDEEN, Scotland--(BUSINESS WIRE)--May 27, 2020--. Highlights. For the three months ended March 31, 2020, KNOT Offshore Partners LP ("KNOT Offshore Partners" or the "Partnership"):. Generated total revenues of $67.8 million, operating income of ...
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Boeing restarted 737 Max production just hours after saying it would lay off thousands of workers Boeing has resumed production of the 737 Max, the same day it announced it was laying off nearly 7,000 workers. The plane was grounded worldwide in March 2019, and production had been suspended since January 2020. Boeing has about 450 ...
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Boeing cuts 12000 jobs, resumes production of grounded jet Boeing is cutting more than 12,000 U.S. jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming. Shortly after disclosing the job cuts, Boeing announced Wednesday that it has ...
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Instagram Wants Its Influencers to Make More Money Instagram is beginning to roll out updates that will allow creators to make money directly on the platform, a change that could drastically alter the influencer moneymaking landscape. The company announced several new features on Wednesday, including ...
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'This is unacceptable': Ohio's unemployment system overwhelmed by COVID-19 closures COLUMBUS - From antiquated technology to a dwindling staff, Ohio was ill-equipped to handle the onslaught of unemployment claims when Gov. Mike DeWine closed businesses to halt the spread of the novel coronavirus. The result: Ohioans are waiting an ...
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Luxury Homebuilder Toll Brothers Scraps 2020 Forecast on COVID-19 Woes (Reuters) - U.S. luxury homebuilder Toll Brothers Inc on Wednesday withdrew its full-year forecast and warned it would not provide such guidance for the foreseeable future due to uncertainty caused by the COVID-19 pandemic. However, shares rose 8.8% to ...
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Cape May County, its towns, lifting coronavirus restrictions on rental homes and ocean swimming Short-term rentals, banned for nearly two months due to the coronavirus, are again allowed in Cape May County, effective immediately with some limitations. The Cape May County Freeholder Board voted 4-0 Tuesday to allow the resumption of short-term via ...
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What the Future of Restaurants Might Look Like: Of all the urgent questions presented by the global pandemic, one of the toughest to answer is: What will restaurants look like in the future? And will your favorite restaurant reopen at all? The hospitality business has been devastated by the coronavirus.
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Tesla just cut its car prices by up to $5000 to jump-start sales during the pandemic Tesla has significantly cut pricing for three of its models, Reuters reports. The Model 3 sedan is now $2,000 cheaper and starts at $37,990. Tesla slashed pricing for its Model S and Model X models by $5,000, bringing their base prices to $74,990 and $79,990 ...
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Historic New Commitment to Slash Southeast Carbon Pollution For too long, the Southeast has lagged behind the rest of the nation on commitments to cut carbon pollution and build the clean energy economy. According to Southern Company CEO Tom Fanning, that's about to change. Today, Fanning made a shareholder ...
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UK workers covered by coronavirus wage subsidy hit 8.4 million LONDON (Reuters) - Some 8.4 million employees in Britain are covered by a state wage subsidy scheme for temporarily laid-off workers, up 400,000 from last week, finance minister Rishi Sunak said as he prepares to tell companies how they will share some ...
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As Congress weighs easing PPP rules, small businesses like what they hear The House is set to vote this week on a bill that would ease many of the Paycheck Protection Program's rules. Businesses would get more time to spend the money and have the loans forgiven. They'd also be allowed more flexibility in how they spend the ...
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How to choose and use CBD tinctures CBD tinctures are a reduced form of the cannabis plant. They are usually comprised of a strong CBD strain that is dissolved in alcohol, which, over a period of weeks, absorbs the benefits of the compound. After the liquid is strained, and depending on the ...
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Destination Cleveland spearheads new Undefeated campaign to boost restaurants, hospitality industry CLEVELAND, Ohio — Destination Cleveland launched a three-phase, summer-long campaign Wednesday designed to help get the region's tourism economy back on its feet. Dubbed "Undefeated," the campaign first asks businesses – including restaurants, ...
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Autodesk shares fall after earnings beat Autodesk Inc. ADSK, +0.14% shares fell 0.8% in the extended session Wednesday after the software company reported earnings that topped consensus estimates. Autodesk reported first-quarter net income of $66.5 million, which amounts to 30 cents a share, ...
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Automotive Minute: 2021 BMW 5 Series Sedan delivery exactly what's expected in its debut (Photos) BMW has debuted its seventh-generation 5 Series Sedan. The model will come in seven variants when it arrives on dealer lots later this year starting at $54,200. The exterior of the 5 Series Sedan features a fresh take on the signature kidney grille and slim ...
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Giant Eagle hit with ADA claims for turning away customers without masks Pittsburgh-based supermarket chain Giant Eagle Inc has been accused of violating the Americans with Disabilities Act (ADA) by treating customers who could not wear face masks because of medical conditions as "lepers" and turning them away from ...
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Amazon Could Take On Uber and Lyft With a Zoox Acquisition Here's an idea that should have Uber Technologies and Lyft deeply worried: What if Amazon. com decided to enter the ride-sharing market? Morgan Stanley analyst Brian Nowak floated that idea in response to a Wall Street Journal report last night that said ...
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Deutsche Bank, BlackRock CEOs Warn Against Too Much Optimism in Markets FRANKFURT — The heads of Deutsche Bank and BlackRock on Wednesday warned against too much optimism in financial markets. Deutsche Bank chief executive Christian Sewing said that investors should not get carried away after a recent rebound in ...
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Wind Creek casinos, resorts to fully reopen June 8 The casinos and resorts of Alabama's only federally recognized Indian Tribe will fully reopen to the public Monday, June 8. Wind Creek Hospitality said all three of its Alabama-based resort properties will first reopen to small groups of invited guests June 4, ...
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100000 American coronavirus deaths; now how it will continue to affect us the next 100 days It didn't take much longer than 100 days for the coronavirus to claim the lives of 100,000 Americans, an unimaginable toll when the first person in the U.S. died from COVID-19, believed to have been Feb. 6 in California. The social distancing measures widely ...
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Chinese flooring maker to create 315 jobs in Murray County A Chinese flooring manufacturer will open a plant in Murray County, creating 315 jobs in northwest Georgia, a region that's struggled with high unemployment rates. Huali Floors will invest $27 million to build a manufacturing facility and its U.S. headquarters ...
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Shareholder backed by Jay-Z's lawyer sues Centene over prison healthcare A shareholder backed by a lawyer known for representing the rapper Jay-Z on Wednesday sued the prison healthcare provider Centene Corp to seek records to investigate its oversight of a subsidiary that provides "substandard care" to inmates. The lawsuit ...
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Microsoft planning new R&D center in Northern Virginia expected to employ 1500 people Software company Microsoft Corp. is planning to open a new research and development center in Northern Virginia that is expected to create about 1,500 jobs, state officials said Wednesday. The Redmond, Washington-based company will invest $64 million ...
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Enbridge Discovers Gaps in Protective Coating on Line 5, Working to Make Repairs Enbridge says they have discovered gaps in portions of the protective coating on the Line Five pipeline. Line Five pumps oil through the Straits of Mackinac. Enbridge says they have found four spots on the pipeline where protective coating has worn away ...
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What to know if you're making a trip to Six Flags this summer There will be a "new normal" at Six Flags New England when it reopens this season. Related Links. Here's when Franklin Park Zoo is reopening and how to get tickets · Trustees of Reservations opens 15 more Mass. properties · Live updates: The latest news ...
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Missouri bar owner defends packed Lake of the Ozarks pool party Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. The owner of a Missouri bar stood by his decision to host a packed pool party over Memorial Day weekend, saying no laws were broken.
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Airbnb's policy for coronavirus travel refunds riddled with loopholes, customers say Klara Kalocsay is one of many disgruntled Airbnb customers globally who say the company's policy for refunding customers who have been forced to cancel their travel plans due to COVID-19 restrictions is packed with loopholes.
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Shell workers with coronavirus airlifted to hospitals from offshore platform in Gulf This story excerpt is courtesy of our partners at KHOU 11. Click here for KHOU's full story. HOUSTON — Five workers on an offshore platform operated by Shell have tested positive for Covid-19. Four others on that platform in the Gulf of Mexico have symptoms ...
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YSU announces job cuts, layoffs as part of substantial budget reduction plan Editor's Note: The story has been corrected to say that over 100 employees not included in the unions will have up to a 10% pay cut. We regret this error. YOUNGSTOWN, Ohio (WKBN) – Youngstown State University announced Wednesday that there will be ...
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