Business | page 8

SUNDAY, JULY 10, 2016

Consumer Confidential: Big companies pad their bank accounts instead of passing the savings to consumers

JPMorgan Chase patted itself on the back earlier this year after announcing plans to close hundreds of branches and increasingly shift customer transactions to ATMs and online banking. A deposit involving a human teller, the bank noted, costs it about 65 cents, whereas an ATM deposit costs just 8 cents and using a smartphone app lowers the transaction cost to a mere 3 cents. Chase figures these moves will save the bank about $1.4 billion.

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If payday loans go away, what replaces them? 

NEW YORK (AP) – The lenders who advance poor people money on their paychecks charge exorbitant interest rates that often snare the most vulnerable customers in a cycle of debt, the industry’s critics have long said. Yet even consumer advocates ...

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The Motley Fool: Cleaning up with iRobot

The Motley Fool Take Seeking a growth stock that isn't very overvalued? Check out home-robot maker iRobot (Nasdaq: IRBT). Its first-quarter earnings report released in April was good enough to send shares up 10 percent in a single day.

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FRIDAY, JULY 8, 2016

Copies of the first edition of “The New European” are displayed for sale outside a convenience store after being taken out of a delivery box, in central London, Friday, July 8, 2016. A new newspaper in Britain, it is aimed at the 48 percent of the population who voted to remain in the European Union in last month’s referendum. (Matt Dunham / Associated Press)

Warnings of British economic downturn piling up

LONDON – The warnings are piling up – Britain’s decision to leave the European Union appears to be already hitting the economy. Following the initial market jolts that have, among other things, seen the pound slide to 31-year lows against ...

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Harley-Davidson motorcycles investigated for brake failure

NEW YORK – The U.S. government is investigating complaints from Harley-Davidson riders who say their motorcycle brakes failed without warning. The investigation covers 430,000 Harley-Davidson motorcycles with model years between 2008 and 2011 and that have an anti-lock braking system, ...

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Juno halts midstage drug study over deaths

NEW YORK – Shares of Juno Therapeutics plunged more than 27 percent Friday, a day after halting a midstage study on a potential leukemia treatment following two patient deaths. The development-stage biotechnology company is working on JCAR015 as a treatment ...

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The Dirt

Here's the dirt

See the latest new construction, business openings and closures and progress on ongoing projects here.


Complete interview with Gabe Marks

Our most recent story about prolific Washington State wide receiver Gabe Marks tells the story of a particularly insightful interview we had last spring. That story, "Gabe Marks is a ...

Weekend Wild Card — 7.23-24. 16

I'm facing another weekend of fence-building with my neighbor. Once we get the back fence built, I have one last honey-do item on the agenda and then it's kick back ...

You have 50 choices

S-R intern Tyson Bird brought cookies to work on his last day with us. It has been a pleasure to have him here. I first printed a column submission from ...

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Saving for the future

sponsored According to two 2015 surveys, 62 percent of Americans do not have enough savings to handle an unexpected emergency, much less any long-term plans.



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