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August 13, 2021

Best Business Ideas for the

Mortgage application volume lost ground again last week, although the decline was small and refinancing volume pulled out a sliver of a gain. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of…

Barnes & Noble owner buys stationery retailer Paper Source out of bankruptcy

“The opportunities for Paper Source to work with Barnes & Noble are tremendously exciting for both businesses,” said Barnes & Noble’s CEO. / Source: CNBC.com Elliott Investment Management, the owner of Barnes & Noble, said Tuesday it will acquire gift and stationery retailer Paper Source. The acquisition will provide Paper Source with the funding it needs to emerge from Chapter 11 bankruptcy. Barnes & Noble CEO James Daunt will oversee both companies. While the two businesses plan to operate independently, it hinted at possible partnerships in the future. “With Paper…