Luke Vargas

The

The government has indicated it would appeal an injunction.

Meanwhile, the Trump administration is planning to require higher wages for foreign workers coming to the U.S.

on skilled worker visas that are popular with big tech companies.

Under a proposal from the Labor Department, pay floors for foreign workers in the H-1B program would rise between 21 and 33 percent, depending on their experience.

Critics have argued that employers have abused the program and other visa categories by hiring foreign workers that they can pay less than U.S.

employees.

In a first for a sitting president, the Treasury Department says that President Trump's signature will appear on new U.S.

paper currency, honoring the country's 250th anniversary later this year, with it sitting beside the signature of Treasury Secretary Scott Besant.

Typically, it's the treasurer's signature that appears on bills alongside the Treasury Secretary.

Elon Musk's SpaceX is expected to file paperwork with regulators for its highly anticipated IPO in the coming days, targeting a mid-June market debut.

We report that the rocket and satellite company is expected to raise between $40 and $80 billion, and that Musk aims to deliver a third or more of shares sold in the offering to individual investors, well above the typical 10%.

SpaceX is also planning to give preferential treatment to investors in Musk's other companies, including Tesla, and to invite would-be investors to visit manufacturing facilities and possibly witness rocket launches.

As the drinks industry grapples with slowing sales, Paris-based drinks giant Pernod Ricard and Louisville-based Jack Daniels maker Brown Foreman are in talks to merge.

The journal's Ben Dumit says that the families behind the two companies would likely each retain significant stakes in any deal, which could be just weeks away.

And finally...

it's about to cost you a little bit more to Netflix and chill.

Man, that joke is old.

Netflix is raising prices across all three of its tiers, with standard plans increasing by a dollar and the monthly cost of its premium package jumping by two.

Netflix in January said it surpassed 325 million paid members and attributed strong Q4 results, among other things, to increases in prices.