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Biz Report: Minimum Wage Hikes, Lack of Holiday TV Ads, Burger King Coupon Clash and Apple Wants Your Trust Back

The federal minimum wage is currently at $7.25 an hour

NATIONAL — With 2018 officially here, many workers across the country will see an increase in their paychecks. Minimum wage hikes are taking place in 18 states, along with many cities and counties across the country. Washington State has the highest minimum wage in the U.S. with workers making $11.50 an hour and also holds the highest local wage at…

Mylan Finalizes $465 Million Settlement Deal Over EpiPen Price Hike

It made Mylan more than a billion dollars

  NATIONAL — Mylan has finalized their $465 million dollar settlement with the federal government over the company’s hike of EpiPen prices by 400 percent between 2010 and 2016. The issue was brought to light in 2016 and sparked a nationwide outcry after the company raised the prices on EpiPens from $100 for a two pack to $600. EpiPens are…

Minnesota Increasing Minimum Wage for Large Employers

  MINNESOTA — Minnesota’s minimum wage for most large employers will increase to $9.65 an hour in 2018. It’s the first annual increase stemming from a 2014 bill that hiked the minimum wage to $9.50 an hour by 2016. Other smaller employers will pay at least $7.87 hourly, up from $7.75 The modest raise taking effect January 1st is the…