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Transcripts For KQED Nightly Business Report 20180112

Extending the new years rally. Today Energy Shares led the way on a rise in oil prices and a strong start to the earnings season thanks to deltas better than expected results and guidance. The dow jones industriae advanced 205 points to 25,574. Nasdaq added 58. And the s p 500 was up 19, rising on seven of the first eight trading sessions of the year. The Worlds Largest retailer is handing out pay raises. Walmart, which is also the nations largest private employer, will pay workers a starting salary of 11 an hour. Employees are also getting a onetime bonus of up to 1,000 depending on how long a worker has been with the company. The ceo says the new tax law is giving the company the opportunity to be more competitive globally. In a statement the company said, quote, today we are building on investments weve been making in associates in their wages and skills development, end quote. In a separate announcement, walmart is shuttering 63 of its samms clubs locations across the country. Seve

China s war games near Taiwan threaten international peace and security – Winnipeg Free Press

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