[ad_1] A worker in an Amazon fulfillment center.(Photo: Amazon) While the federal minimum wage has languished at $7.25 since 2009, a number of companies have stepped up and pledged to raise their …
Read More »GE’s New CEO Inherits a Troubled Kingdom. Here’s What He Has to Do Now
[ad_1] Luke Sharrett/Bloomberg Text size General Electric (GE) stock is falling on Tuesday, as a potential downgrade from Moody’s Investors Service outweighed an upgrade from RBC Capital Markets. Where we were: GE …
Read More »Jeff Bezos says Amazon will raise its minimum wage to $15 an hour
[ad_1] Amazon announced on Tuesday that it will pay all its US workers at least $15 an hour — a striking move at a critical time for one of the world’s most …
Read More »Volkswagen dumps Audi CEO Rupert Stadler amid emissions probe
[ad_1] Volkswagen has severed ties with suspended Audi CEO Rupert Stadler, who has been jailed since June in connection with an emissions investigation. Stadler has left the board of management of Audi …
Read More »FDA Conducted Surprise Inspection of Juul’s Headquarters
[ad_1] The FDA said its unannounced visit of Juul collected documents on the e-cigarette-maker’s sales and marketing practices. Photo: Gabby Jones/Bloomberg News Updated Oct. 2, 2018 2:04 p.m. ET The Food and …
Read More »Tencent Music Files for U.S. IPO
[ad_1] A Tencent Music Entertainment booth at a Beijing convention in May 2017. The U.S. IPO could value the business in excess of $25 billion. Photo: china stringer network/Reuters Oct. 2, 2018 …
Read More »Southwest Airlines kicks off fall/winter fare sale
[ad_1] Southwest kicked off a fare sale for the “dead weeks” with deals across the country, including Houston Hobby, pictured here. Southwest kicked off a fare sale for the “dead weeks” with …
Read More »The Powell Fed sees no risk of overheating the labor market
[ad_1] Federal Reserve Chairman Jerome Powell does not see evidence that the labor market will overheat or generate a sharp increase in price pressure, he said in Boston on Tuesday. In a …
Read More »Wall Street eliminates the troubles of Italy and sends Dow to the registry
[ad_1] (Reuters) – US stocks gave way to a weak start today as Intel strengthened tech stocks and propelled the Dow Jones Industrial Average to a record high. Intel jumped 5.1%, but …
Read More »Sunny's Fed's Powell Says Economic Outlook Remains
[ad_1] BOSTON – Jerome H. Powell, the Federal Reserve chairman, said Tuesday that the current combination of low inflation and low unemployment is "not too good to be true," and that the …
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