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Chicago Board of Trade › (CBOT:SRX.H13.E)


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Today's Financial News

New York Business Council says $15 minimum wage would cost businesses $15.7B annually

10 hours ago

ALBANY, N.Y. (AP) — A leading New York state business organization says Gov. Andrew Cuomo's plan to gradually raise the minimum wage to $15 an hour would increase private sector labor costs by $15.7 billion a year. Cuomo says new business tax breaks could offset higher labor costs. The Democratic governor proposed $15 minimum wage for all sectors of the economy last month when his administration approved a plan to set a $15 minimum for fast-food workers.

Discount airlines tout cheap fares, but some passengers find the aggravation isn't worth it

10 hours ago

DALLAS (AP) — When the delay on his 90-minute flight stretched past the four-hour mark, David Rankin started tweeting to Spirit Airlines as he and other passengers grew restless. Rankin, an investment manager from New Jersey, swore it would be his last time on the discount airline. "My wife won't let me book a flight on Spirit next time," he said.

Amazon launches Handmade for artisans, challenging crafty site Etsy

10 hours ago

NEW YORK (AP) — Amazon is launching a site for handcrafted goods called Amazon Handmade, hoping to capitalize on shoppers' appetite for homemade items ahead of the holiday season. The move heats up competition for e-commerce site Etsy, the 10-year-old marketplace for homemade goods that went public in April and has 1.5 million sellers and 21.7 million buyers.

Oil-starved Nepal seeks suppliers to bring in fuel by air or other means before major festival

11 hours ago

KATHMANDU, Nepal (AP) — Struggling with a fuel shortage after Indian shipments went on hold, Nepal is asking suppliers to bring gasoline and kerosene by airplane before the Himalayan country begins celebrating its biggest festival of the year, and for the first time is looking to import fuel from China.

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