California Wage Increase to $15 Per Hour Could Cost Jobs

A political deal that would increase the minimum wage in California to $15 per hour, which would lead the country, could help workers cope with the extremely high cost of living in the state but also might deprive other earners…

Alcoa Signs Supply Contract for $1.5 Billion with GE

Alcoa Inc has signed a supply contract for the long-term worth $1.5 billion with General Electric’s aviation unit, which underscores the efforts of the aluminum producer to offset the tough conditions in its business of raw-aluminum. Under this new deal…

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