Business News


U.S. stocks are steady as Wall Street comes off a tumultuous two days that has seen the Dow drop more than 800 points and the major averages slide to their lowest levels since late August. The S&P 500 is coming its first back-to-back drops of 1% or more this year.

 

ATM bank fees hit a record high. Customers are paying an all-in average fee of $4.72 to withdraw from ATMs outside of their bank’s network, according to Bankrate.com. This charge is up 33% over the last 10 years. 

 

Business Insider released the results of a survey that asked customers to rank the restaurant cleanliness of various fast food restaurants. Chick-fil-A topped the list. In second place was In-N-Out and next was Starbucks. 

 

The World Trade Organization has backed a U.S. request to impose tariffs on $7.5 billion of European goods. The WTO say there are illegal subsidies granted to planemaker Airbus by the European governments of Germany, France, Spain, and the United Kingdom. The U.S. first lodged complaints in 2004.

 

The Trail Blazers have ended their partnership with Beaverton-based rifle scope manufacturer Leupold and Stevens. Members of the Portland Democratic Socialists of America, Lutherans for Justice in the Holy Land, Portland’s Resistance and Jewish Voice For Peace staged protests last year to pressure the Blazers to end their partnership with Leupold, which makes a variety of scopes, binoculars and rangefinders.

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