AP Employers boosted hiring in 13 US states in January, while employment changed little in 36 states. The Labor Department says Alaska is the only state to show a significant decline in jobs, shedding 2,100. Nationwide, hiring picked up in January as employers added 238,000 jobs, a clear improvement over last year’s average gains. A broad rebound in the …

  Bloomberg General Electric Co. Chief Executive Officer Jeffrey Immelt’s compensation fell 35 percent to $21.3 million last year, as an oil and gas slump suppressed demand for industrial equipment and the company’s shares underperformed the market. Immelt, 61, received a $3.8 million salary last year, unchanged from 2015, according to a proxy statement from the Boston-based company Wednesday. His …

  Bloomberg NorthVolt AB, the Swedish company founded by a former Tesla Inc. executive, wants to cut the cost of storing power in half with a 4 billion euro ($4.2 billion) lithium-ion battery factory. The Stockholm-based company wants to raise 1 billion euros by 2018, when it plans to break ground on a factory during the second half of the …