Commodities

Business Highlights

___ US oil output is booming and seen outpacing Saudis, Russia PARIS (AP) — A global energy agency says that U.S. oil production is growing quickly and is forecast to top that of heavyweights Saudi Arabia and Russia this year.

Business Highlights

___ Amazon narrows list to 20 for its second headquarters NEW YORK (AP) — Amazon has narrowed its search for a second headquarters city to 20 locations, concentrated mostly in the East and the Midwest.

Business Highlights

___ Apple to build 2nd campus, hire 20,000 in $350B pledge SAN FRANCISCO (AP) — Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. economy that will be partially financed by an upcoming windfall from the country's new tax law.

Business Highlights

___ Bank execs sing praises of new tax law as windfall looms NEW YORK (AP) — Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — are indicating they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business.

Business Highlights

___ Walmart boosts starting pay, closing dozens of Sam's Clubs NEW YORK (AP) — Walmart is closing dozens of Sam's Club warehouse stores across the country after announcing earlier that it was boosting its starting salary for U.S. workers.