Category: Trucking News

Ripple's XRP is exploding after announcing a partnership with MoneyGram to speed up transfers (MGI)

MoneyGram has partnered with Ripple to use its XRP cryptocurrency in money transfers. Shares of MoneyGram, the second-largest money transfer company in the world, spiked as much 12.75% Thursday after the company said it had signed a partnership with Ripple to test using the company's XRP cryptocurrency to improve transfer settlement times and costs. XRP is climbing as well, spiking as much as 14%.


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Walmart is raising wages and issuing bonuses after tax reform (WMT)

Walmart is raising wages and issuing one time bonuses to employees. Walmart said it will raise the starting wage for its employees, and issue one time bonuses up to $1,000, as a direct result of the new US tax plan. Walmart is raising its starting hourly wage to $11, a move that will cost the company $300 million in addition to previously planned wage hikes.


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