(Reuters) – US homebuilder confidence boosted for a third straight month in August to hit its highest level ever, as record-low interest rates boost the buyer’s sales, data released Monday in the latest indication show that the housing market is a rare bright spot in the economic crisis triggered by …
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(Reuters) – Eastman Kodak Co (KODK.N) will obtain a $ 765 million loan from the US government to produce pharmaceutical ingredients in the country, which will help reduce dependence on other countries by strengthening national supply chains. The company’s shares were trading at $ 8.80 after closing at $ 2.62 …
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A Florida man allegedly scammed nearly $ 4 million from the US government’s coronavirus relief loan program and used some of the cash on a new Lamborghini and other luxury items, authorities said Monday. David T. Hines was charged with bank fraud, making false statements to a financial institution, and …
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BRUSSELS / AMSTERDAM (Reuters) – Hungary, Poland and the Netherlands were victorious on Tuesday after a European Union summit left open the way to link a new coronavirus recovery fund to democratic values, raising questions on whether compliance would be possible or significant. Dutch Prime Minister Mark Rutte (left), European …
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BRUSSELS (Reuters) – European Union leaders appeared to be close to agreeing on a massive stimulus plan for their coronavirus-ruined economies on Monday night after the president of his four-day summit presented a new proposal to close the gaps between them. EU Council President Charles Michel said he was confident …
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