• The state health department reported 1,353 new COVID-19 cases over the weekend. There were also 33 more deaths, bringing the total number in Louisiana of coronavirus since March to 5,065. Hospitalizations dropped from 723 to 680 and patients needing ventilators dipped to 107 from 117 last week, WBRZ-TV reports.
• Until there’s an effective vaccine, many Americans who can afford to save money are playing it safe and hoarding their cash, according to a poll from Gallup and Franklin Templeton conducted in early August. The U.S. personal savings rate hit a record 33% in April, according to the Bureau of Economic Analysis. The rate has been going down since then, hitting 17.8% in July. Still, the data shows that many people are able to save, The Washington Post reports.
• Researchers say drug companies need to be more open about how vaccine trials are run to reassure Americans who are skittish about getting a coronavirus vaccine, according to The New York Times. It’s standard for drug companies to withhold details of clinical trials until after they are completed, tenaciously guarding their intellectual property and competitive edge. But these are extraordinary times, and now there is a growing outcry.
Read more stories on how the coronavirus is impacting the Baton Rouge business community. See a roundup of resources available to those impacted by the pandemic. Click here to see a 225 magazine list of local restaurants offering patio seating or indoor dining during phase two of reopening.