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Mortgage rates dropped to their lowest level, causing an 11.6 percent jump in mortgage applications, according to the Mortgage Bankers Association.
Michigan Governor Rick Snyder signed a bill that will keep electric carmaker Tesla Motors from selling its cars directly to consumers in the state.
GlaxoSmithKline (GSK) reported third-quarter revenue lower than analysts forecast, as sales of blockbuster asthma drug Advair continued to fall.