Business News

US employers advertised the most jobs in 14 years in January, and more workers quit, both signs of a steadily strengthening job market. The number of Americans earning paychecks has jumped nearly 3.3 million in the past year, the best 12-month gain since March 2000. (AP)

Vail Resorts, the company that out maneuvered Mt.  Bachelor parent company Powdr Corp to buy the Park City, UT crown jewel, reported profits of $115.8 million for the quarter representing a 95.3% increase compared last year.  Total lift revenue increased $43.9 million, or 22.5%. They will increase their annual dividend by 50% to 62.25 cents per share. (PR Newswire)

Good news for those on drugs. The entry of copycat biotech drugs into the U.S. market could cut prices of expensive medications by 40% to 50% according to CVS. (Reuters).

The Euro rose against the dollar for the first time in two weeks, recovering from a 12-year low hit earlier today. (Reuters)

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