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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(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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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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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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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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