Money

Target hikes pay to $24 per hour for some employees

The Minneapolis-based retailer announced Monday that its starting wages will now range from $15 to $24 for team members across its stores, supply chain facilities and headquarters locations.

PG&E releases new plan on 2022 wildfire safety

Pacific Gas and Electric Corp. (PG&E) filed its 2022 Wildfire Mitigation Plan with state regulators on Friday and announced plans to "significantly accelerate the undergrounding of powerlines in high fire-risk areas."

S&P cuts Russia's rating to junk, Moody's issues junk warning

Russia's invasion of Ukraine triggered a flurry of credit rating moves on Friday, with S&P lowering Russia's rating to 'junk' status, Moody's putting it on review for a downgrade to junk, and S&P and Fitch swiftly cutting Ukraine on default worries.