Labor

6 Most Important Things in Business Today

Tesla Inc. (NASDAQ: TSLA) said its cars will add a new feature. According to Reuters: An upgrade to Tesla Inc’s ‘Summon’ auto-parking feature will be ready within six weeks and ...
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Companies Expect Distracted Workers for Midterm Elections, Says Survey

This year, Americans are riveted on the outcome of the midterm elections, which are held between the presidential elections, more so than in other years. Companies are anticipating heightened interest ...
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Starbucks Gets Into the Childcare Business

Starbucks Corp. (NASDAQ: SBUX) has a new benefit for employees: child and adult care support. With a company called Care.com, it will start a new program. And the prices to ...
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Sanders Calls for $15 Wage at McDonald’s, but Can the Company Maintain Profits?

Senator Bernie Sanders wants McDonald's Corp. (NYSE: MCD) to raise its minimum wage to $15, just as Amazon.com has done. McDonald's may make a decision to buckle to the senator's ...
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Will AT&T Follow Verizon? Or Has It Been Doing So Right Along?

On Wednesday afternoon, Verizon Communications Inc. (NYSE: VZ) confirmed that it offered 44,000 employees voluntary severance packages last month. That's nearly a quarter of the company's total workforce. The Wall ...
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Amazon Boosts Minimum Pay to $15 an Hour

E-commerce behemoth Amazon.com Inc. (NASDAQ: AMZN) announced Tuesday morning that beginning November 1, the company will pay a minimum hourly wage of $15 to all U.S. employees. This includes full-time, ...
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How Kavanaugh Hearing Could Cost Employers Up to $2 Billion

When federal appeals court Judge Brett Kavanaugh sits down in front of the Senate Judiciary Committee on Thursday for another hearing concerning his appointment to the U.S. Supreme Court, public ...
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Temporary Holiday Workers May Make Little More Than Minimum Wage

Part-time holiday workers, who major retailers are hiring by the hundreds of thousands, often do not make much more than the minimum wage. This means their effect on the national economy ...
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Women Get Much Less in Start-Ups Than Men

Add insult to injury. Women make less money than men in almost every industry. The average of the discount is over 20% on average. The number has not changed recently. ...
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6 Most Important Things in Business Today

Increases in benefits outpaced wages last year. According to The Wall Street Journal: U.S. employers are boosting benefits—including bonuses and vacation time—at a faster pace than salaries, a move that ...
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More Good News for Workers Looking for Seasonal Jobs

Last Thursday, Target Corp. (NYSE: TGT) announced plans to hire 120,000 seasonal workers to get the company through the 2018 holiday shopping season. That ties the single largest seasonal hiring ...
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6 Most Important Things in Business Today

Tesla Inc.'s (NASDAQ: TSLA) Elon Musk addressed logistics issues. According to Reuters: "Sorry, we've gone from production hell to delivery logistics hell, but this problem is far more tractable. We're ...
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6 Most Important Things in Business Today

Job figures are expected to be strong when the government announces numbers for August. According to Reuters: U.S. job growth likely accelerated in August, with the unemployment rate expected to ...
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6 Most Important Things in Business Today

The trade war between the United States and China may be getting worse. According to Reuters: With U.S. President Donald Trump gearing up to impose tariffs on $200 billion in ...
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6 Most Important Things in Business Today

Heads of large companies warned the president on his immigration stance. According to Reuters: A group of chief executive officers at the largest U.S. companies expressed serious concern about the ...
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