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Fitness membership? Check. Streaming account? Of course. Meal kit service? Sure. How about your hotel subscription? Whether for pleasure, work, or long-term lodging, hospitality operators are hoping on-demand stays could be your next must-have membership as the embattled travel industry tries to expand its reach. InterContinental Hotels Group, Marriott and Accor are among the major
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Research associate Sachi Johnson works at Sorrento Therapeutics where efforts are underway to develop an antibody, STI-1499, to help in prevention of the coronavirus disease (COVID-19) in San Diego, California, May 22, 2020. Bing Guan | Reuters All the fundamentals are aligning for the life sciences industry, as Covid-19 accelerates already growing demand for real
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Katie Farmer, incoming CEO of BNSF Railway, told CNBC on Friday that her industry has clearly been impacted economically by the coronavirus pandemic, but there’s optimism on the horizon. “We have seen the economy start to pick up relative to rail loadings,” Farmer told “Squawk Box.” While BNSF, owned by Warren Buffett-led Berkshire Hathaway, anticipates a rebound,
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The off-price chain Stein Mart, which announced Wednesday it had filed for Chapter 11 bankruptcy protection, will officially be closing all of its stores for good.  The company’s liquidators — a team of Gordon Brothers, Hilco Merchant Resources, Tiger Capital Group,  B. Riley Financial’s Great American Group and SB360 Capital Partners — announced Thursday morning that Stein Mart
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Jb Reed | Bloomberg | Getty Images The number of borrowers in coronavirus-related mortgage relief programs fell for the second straight week, as cities began to reopen and some Americans went back to work. There are 4.66 million borrowers in government or private-sector forbearance programs, representing 8.8% of all active mortgages, according to Black Knight,
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