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Alaska Air Group's profits rise, but job cuts loom

Alaska Air Group's profits rise, but job cuts loom

Alaska Air Group, which operates Alaska Airlines and Horizon Air, reports that its second-quarter profit rose 37 percent despite rising fuel prices, as it accounted for fuel hedges that will close in future quarters.Read more »

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Minimum wage going up, little help as costs soar

Minimum wage going up, little help as costs soar

About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers. Read more »

Wheat residue too valuable for biofuels

Wheat residue too valuable for biofuels

Times are good for wheat farmers, but they should resist the urge to harvest their crop residue and sell it for ethanol production, a federal researcher says. Read more »

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