Movers & Shakers: July 9, 2019
Stories moving the markets and shaking up the world.
Facebook to raise wages for contract workers in the US
Facebook rolled out their plan Monday to boost wages for their U.S. contract workers.
Amazon CEO Jeff Bezos challenges rivals to raise minimum wage: 'Throw the gauntlet'
Amazon raised its minimum wage to $15 per hour in October, but came under fire for phasing out some bonuses and stock awards.
Bank of America to raise its minimum wage to $20 an hour
“If you get a job at Bank of America, you’ll make $41,000,” CEO says.
Minimum wage on the rise, these companies are in the lead
A look at entry-level jobs that offer pay well above the federal minimum wage.
McDonald's ends its fight against minimum wage hikes
The move is set to boost Democrats' efforts to hike the hourly wages at federal, state and local levels.
Retail industry thrust into 2020 spotlight as Dems tackle minimum wage
More companies are opting to also couple higher wages with new employee benefits to attract workers and mitigate federal scrutiny.
Democrats introduce $15 minimum wage bill
The legislation aims for a $15 minimum wage by 2024.
Sanders' $15 minimum wage could cost US millions of jobs, critics warn
Independent Vermont Sen. Bernie Sanders called the current minimum a “starvation” wage.
Minimum wage debate: Former McDonald's CEO on higher pay fallout
It’s not pretty.
Bernie Sanders to introduce bill to raise federal minimum wage to $15
The Vermont senator introduced legislation last year pressuring America’s largest corporations to lift workers’ wages.