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January 11, 2018

NEW YORK (AP) — Foreign Exchange, New York prices.

Rates for trades of $1 million minimum.

Fgn. currency US$ in in US$ fgn. currency Thu. Wed. Thu. Wed. Argentina (Peso) .0537 .0537 18.6369 18.6275 Australia (Dollar) .7875 .7837 1.2698 1.2760 Bahrain(Dinar) 2.6519 2.…

January 11, 2018

Walmart raises starting wages, handing out bonuses

Toyota-Mazda plant: Alabama bids to become a major auto hub

Local governments won’t say what they’re offering Amazon

Alabama offered $379 million in incentives for Toyota-Mazda

After 2017 breakthrough, 2018 is when Brexit gets tough

US producer…

January 11, 2018

WASHINGTON (AP) — The cost of borrowing money to buy a home rose slightly this week, but remains historically low.

Mortgage buyer Freddie Mac says the average rate on 30-year fixed-rate mortgages rose to 3.99 percent, from 3.95 percent last week. This week’s rate matches a 5-month high set two…

January 11, 2018

PHILADELPHIA (AP) — State and local governments have been more than happy to play up the amenities they think make their locations the best choice for Amazon’s second headquarters. But many of them will not disclose the tax breaks or other financial incentives they are offering the online giant.…

Amazon HQ2 Public Money

January 11, 2018

LONDON (AP) — After months of spats and false starts, Britain and the European Union ended 2017 by agreeing to have an amicable divorce. In 2018, they have to find a way to live together in the future — and that’s when things could get complicated.

With the U.K. due to leave the bloc in just over a…

Belgium Britain Make or Break Year

January 11, 2018

BENTONVILLE, Ark. (AP) — Walmart, the world’s largest private employer, is boosting its starting salary for U.S. workers to $11 an hour, giving a one-time cash bonus of up to $1,000 to eligible employees and expanding its maternity and parental leave benefits.

The retailer said Thursday that…

Walmart Wages

January 11, 2018

WASHINGTON (AP) — U.S. wholesale prices fell 0.1 percent in December, led by cheaper food and lower shipping costs.

The Labor Department said Thursday that wholesale prices, which measure the cost of goods before they reach the consumer, increased 2.6 percent last month compared with the previous…

January 11, 2018

DALLAS (AP) — Delta Air Lines reported that fourth-quarter profit slipped 8 percent, but the results still beat expectations as average prices for passengers continued to creep higher.

The airline also raised its forecast of 2018 earnings, citing the recent tax law that includes a lower corporate…

Earns Delta Air Lines

January 11, 2018

WASHINGTON (AP) — In a major policy shift that could affect millions of low-income people, the Trump administration said Thursday it is offering a path for states that want to seek work requirements on Medicaid recipients.

Seema Verma, head of the Centers for Medicare and Medicaid Services, said…

Medicaid Work Requirements

January 11, 2018

BERLIN (AP) — The German economy accelerated last year to grow by 2.2 percent, putting in its strongest performance for six years thanks primarily to increasing demand at home, official data showed Thursday.

The figure released by the Federal Statistical Office was the strongest since 2011, when…

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