America's Money: Stock Market Surge

Also in today's business news: Seattle raising minimum wage; unruly airline passengers on the rise.
1:52 | 06/03/14

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Transcript for America's Money: Stock Market Surge
America's number one. Wall Street every morning review of the three major avenues that -- record highs. For their gains yesterday -- the S&P 500 and the Dow posted their second straight record. Those gains were fueled by positive report that manufacturing here in the US and in China NASDAQ posting a -- blocked. Well apple -- introduce its new operating system and some analysts are calling it underwhelming. BI OS eight operating system was unveiled Apple's worldwide developers conference in San Francisco one of its new features as. Health -- for storing your medical history and -- home kit which controls digital household items. Won't be released -- -- -- fall. Seattle lawmakers voting to raise -- city's minimum wage to fifteen dollars making -- the highest in the country the City Council unanimously voted for the hike which would start taking effect next April. Smaller businesses would have 37 years to phase in the increase in -- as a lower training wage for teenagers the trade group plans to shoot -- try to overturn that measure. The airline industry says it's fed up with the growing number of only passengers. In street claims that there were more than 8200. And diverted flights last year because of a passenger acting up. That's about 3000 more than the year before. Each of those diverted flights costs about 200000. Dollars -- airlines have very little recourse to collect that money from the responsible passengers. And be -- little look out when -- at this supermarket. Consumer experts are warning that companies like minute -- in Keebler. And the five of their products while charging the same amount as before her advice do some checking before checking out. Hate when that happens again little dent in the bottom minutes means is less juice in the voluntary -- sneaky.

This transcript has been automatically generated and may not be 100% accurate.

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