The Denver Post

WHOLESALE PRICES RISE 0.1 PERCENT

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WASHINGTON» U.S. wholesale prices barely rose last month as a sharp decline in the cost of gas offset pricier freight trucking services and mobile phone plans.

The Labor Department said Tuesday that the producer price index — which tracks cost changes before they reach the consumer — increased 0.1 percent in November from the previous month.

That’s down sharply from a 0.6 percent gain in October. Wholesale prices rose 2.5 percent from a year ago, the smallest annual increase this year.

Excluding the volatile food and energy categories, core wholesale prices rose 0.3 percent in October and 2.7 percent from a year earlier. A second measure of core prices, which also excludes wholesale and retail profit margins, rose 2.8 percent from a year ago, down from a recent peak of 3 percent in July.

Target to pay $3M over Medicaid claim.

» Target Corp. has agreed to pay $3 million to resolve allegation­s that it violated rules of Massachuse­tts’ Medicaid program.

Federal and Massachuse­tts authoritie­s allege Minneapoli­sbased Target violated federal and state False Claims Acts by automatica­lly refilling Medicaid recipients’ prescripti­ons and seeking payment from Medicaid.

Authoritie­s say Target pharmacies knowingly and routinely enrolled MassHealth beneficiar­ies in the autorefill program, then billed MassHealth. The practice continued until Target sold its pharmacy business to CVS Health in 2015.

Detention of Nissan’s Ghosn extended.

YO» A Tokyo court TO K ruled Tuesday that Nissan Motor Co.’s former chairman, Carlos Ghosn, and another executive will remain in custody through Dec. 20, more than a month after their arrest. Their detention could continue for months more under the Japanese legal system.

The Tokyo District Court said Tuesday that it had rejected a protest filed by Ghosn’s lawyer against the prolonged detention.

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