Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Ephrata council considers park and transportation fees for new developments
EPHRATA — The Ephrata City Council continued discussions Wednesday on whether to adopt new park and transportation…
Companies testing vaccines pledge safety, high standards
The top executives of nine drugmakers likely to produce the first vaccines against the new coronavirus signed an unprecedented pledge meant to boost public confidence in any approved vaccines.
Company to open solar plant in Moses Lake
Solar technology start-up Violet Power has announced it will build its first integrated solar panel factory in Moses Lake.
Wall Street’s 3-day skid a reality check for runaway market
Wall Street’s summer-long party fueled by investors’ appetite for some of the world’s best-known technology companies has come to an abrupt, if not entirely unexpected, halt.
The Latest: New Mexico reassures teachers about being sued
SANTA FE, N.M. -- New Mexico officials are reassuring teachers that they can’t be sued by students who get the coronavirus as some of them head back to the classroom.
GOP proposes 'targeted' virus aid, but Dems say not enough
WASHINGTON (AP) — The Senate prepared to vote this week on a trimmed-down Republican coronavirus relief package, though it only has a slim chance of passage in the face of Democrats' insistence for more sweeping ai…
AstraZeneca COVID-19 vaccine study paused after one illness
Late-stage studies of AstraZeneca’s COVID-19 vaccine candidate are on temporary hold while the company investigates whether a recipient’s “potentially unexplained” illness is a side effect of the shot.
The Latest: At least 1,000 ECU students have tested positive
RALEIGH, N.C. -- At least 1,000 East Carolina University students have tested positive for the coronavirus since fall classes began on Aug. 10, according to the college’s COVID-19 case count.
Business Highlights
___
JPMorgan: some customers, employees misused COVID programs
NEW YORK (AP) — JPMorgan Chase said Tuesday that a number of its employees and customers may have abused the Paycheck Protection Program and other coronavirus stimulus programs.
The Latest: Florida State reports 21% virus positivity rate
TALLAHASSEE, Fla. — Florida State University in Tallahassee reported that in the seven-day period ending Sept. 4, 3,429 tests were performed at a local civic center and 724 individuals tested positive for a positiv…
How major US stock indexes fared Tuesday
Technology stocks dropped again on Wall Street, pulling the Nasdaq down 10% over the past three trading days.
Tech’s sudden sell-off continues; Nasdaq sinks 10% in 3 days
NEW YORK (AP) — Big technology stocks tumbled again on Tuesday, continuing the Icarus-like flight path for companies that just a week ago were the high-flyers carrying Wall Street to record heights.
Exxon, Tesla fall; Nikola, Beyond Meat rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday:
Tech stocks slump again, with big drops for Apple and Microsoft, pulling Nasdaq down 10% over the past 3 trading days
NEW YORK (AP) — Tech stocks slump again, with big drops for Apple and Microsoft, pulling Nasdaq down 10% over the past 3 trading days.
Consumer borrowing follows June gain with 3.6% rise in July
WASHINGTON (AP) — U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavrius pandemic had sent borrowing down sharply in the previous three months.