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Fast-Food Worker Pay Set to Rise in California Under Union Deal
Business

Fast-Food Worker Pay Set to Rise in California Under Union Deal

State fast-food workers at chains with at least 60 national locations would be paid a $20-an-hour minimum wage. Source link

America's Fight Over Tipping at Restaurants Comes to Its Biggest Battleground Yet
Business

America's Fight Over Tipping at Restaurants Comes to Its Biggest Battleground Yet

Chicago restaurants say they will have to boost prices and cut staff if a ‘sub-minimum wage’ proposal becomes law. Source link

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

South Korea to hike minimum wage by 2.5% in 2024, smallest in three years By Reuters

© Reuters. FILE PHOTO: Office workers look at their mobile phones to check the local online banking app Toss as they gather at Seoul Museum

DoorDash, Uber Eats, Grubhub Sue New York City Over Wage Law
Business

DoorDash, Uber Eats, Grubhub Sue New York City Over Wage Law

The companies say new minimum pay rates are based on flawed calculus and will raise consumer prices and limit worker flexibility. Source link

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Australian PM says would welcome inflation-matching minimum wage rise By Reuters

© Reuters. FILE PHOTO: Pedestrians prepare to walk across a main road in front of a construction site in the central business district (CBD) of

New Corporate Minimum Tax Could Ensnare Some Firms Over One-Time Moves
Business

New Corporate Minimum Tax Could Ensnare Some Firms Over One-Time Moves

Companies including CenterPoint Energy and American Water Works seek government guidance on how the sale of a business unit might trigger the 15% levy. Source

Amazon announces $15 minimum wage for all US employees
Stock Market

Amazon announces $15 minimum wage for all US employees

New York CNN Business  —  Amazon is raising its minimum wage to $15 an hour for all US employees. The change takes effect November 1