European Council President Charles Michel wears a protective face mask when he arrives at EU headquarters in Brussels on 19 August 2020, ahead of the launch of the EU emergency video on the crisis in Belarus. OLIVIER HOSLET | POOL | AFP via Getty Images The European Union on Wednesday …
Read More »Mall owner CBL engages in restructuring dealings with lenders to cut debt
CoolSprings Galleria Mall, Franklin, TN Source: CBL Properties US shopping center CBL & Associates announced on Wednesday that it has entered into a restructuring support agreement with its debtors – marking a bid to increase its balance sheet as its malls are hammered by the Covid-19 crisis. The Chattanooga, Tennessee-based …
Read More »The CDC wants state and local sewage systems to be tested for coronavirus
A general view of the Centers for Disease Control and Prevention Edward R. Roybal campus in Atlanta, Georgia on April 23, 2020. Tami Chappell | AFP | Getty Images The federal government is working with local health departments to begin testing coronavirus sewage systems in an effort to catch the …
Read More »Southwest sees ‘modest’ improvement in demand but cuts flights
A jet from Southwest Airlines. Scott Olson | Getty Images News | Getty Images Southwest Airlines reported Wednesday “modest” improvements in passenger demand this month as holidaymakers turned last-minute travel bends despite the coronavirus pandemic. The company is also making a government loan of $ 2.8 billion, saying it can …
Read More »Weekly mortgage refinances fall as interest rates suddenly rise
Realtors leave home for sale during a realtors open house in San Francisco, California. Justin Sullivan | Getty Images A sudden reversal of record low interest rates last week led to a pullback in the demand for mortgage refinancing. That dropped the total volume of mortgage applications 3.3% from the …
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