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Bank of America raises minimum wage to $24, even as workforce shrinks

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The second largest bank in America how pays employees at least $24 an hour.

https://fortune.com/2024/09/10/bank-of-america-raises-minimum-wage-eight-times-in-eight-years-but-axed-4000-last-year/

Bank of America raises minimum wage to $24, even as workforce shrinks

?w=2048

The second largest bank in America how pays employees at least $24 an hour.

https://fortune.com/2024/09/10/bank-of-america-raises-minimum-wage-eight-times-in-eight-years-but-axed-4000-last-year/

Bank of America raises minimum wage to $24, even as workforce shrinks

?w=2048

The second largest bank in America how pays employees at least $24 an hour.

https://fortune.com/2024/09/10/bank-of-america-raises-minimum-wage-eight-times-in-eight-years-but-axed-4000-last-year/

Beyond Meat wants to be healthier—and CEO Ethan Brown seems convinced he can hack the trade-off between nutrition and taste

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Brown doesn’t dispute that taste is king—but he says most consumers want foods made with clean ingredients.

https://fortune.com/2024/09/10/beyond-meat-wants-healthier-ceo-ethan-brown-seems-hack-impossible-trade-off-nutrition-taste/

Fyre Fest 2 tickets on sale for $1.1 million include scuba diving with disgraced founder Billy McFarland

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The convicted fraudster behind 2017's infamous Fyre Festival says fans are already snapping up tickets—ranging from $400 to $1.1 million—for its second attempt.

https://fortune.com/2024/09/10/fyre-fest-2-million-package-scuba-dive-disgraced-founder-billy-mcfarland/

Russia is speeding into a demographic crisis with a 25-year-low birth rate as the Ukraine war rages on

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Russia has had similar troughs in its demographics during World War II and after the fall of the Soviet Union—but things are different this time.

https://fortune.com/europe/2024/09/10/russia-demographic-crisis-low-birth-rate-ukraine-war/

SpaceX launches daredevil billionaire into space to conduct first spacewalk by a private citizen

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Entrepreneur Jared Isaacman and SpaceX shared the cost, which included developing and testing new spacesuits to see how they hold up in the harsh vacuum.

https://fortune.com/2024/09/10/spacex-launches-billionaire-jared-isaacman-space-first-spacewalk-private-citizen/

Boeing union members angry over size of negotiated 25% raise may sink tentative contract deal

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Leaflets distributed around Boeing’s Everett factory urged workers to reject “Boeing’s Bad Deal” and demanded the union fight for a 40% wage increase, board seat and pensions.

https://fortune.com/2024/09/10/boeing-union-members-angry-25-raise-sink-tentative-contract-deal/

U.K. may need to tax the wealthy or target inheritances to close £20 billion deficit left by previous government

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Reeves hands are tied by Labour manifesto promises not to raise a number of big revenue-raising taxes, including income tax and VAT.

https://fortune.com/europe/2024/09/10/uk-government-rachel-reeves-wealth-tax-pension-debt/

Apple iPhone 16 gets game-changing camera button and AI-powered visual intelligence

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The iPhone 16 “has been designed for Apple Intelligence from the ground up,” CEO Tim Cook said during Monday's event.

https://fortune.com/2024/09/10/apple-iphone-16-camera-button-airpods-4/

Mario Draghi says the EU needs €800 billion to rival the U.S. and China, but may face push back from some countries

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Draghi's dire warning to the EU suggests the region is dogged with problems.

https://fortune.com/europe/2024/09/10/mario-draghi-economy-us-china/

Audi workers steal 200 keys from Brussels plant as protests over Volkswagen closures boil over

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Audi workers confiscated hundreds of keys for completed and unfinished cars in a backlash to Volkswagen's plans for plant closures.

https://fortune.com/europe/2024/09/10/audi-workers-steal-200-keys-volkswagen/

Astrid & Miyu’s founder bought two flats in her 20s—one paid for her MBA and the other funded her $45 million-a-year jewelry brand

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Astrid & Miyu founder Connie Nam unwinds from the stress of running 22 jewelry shops with fortnightly manicures and monthly massages.

https://fortune.com/europe/2024/09/03/astrid-miyu-founder-connie-nam-bought-two-flats-in-her-20s-one-to-fund-mba-and-other-to-fund-her-business-wholefoods-pelaton/

China’s August exports grow faster than expected as Beijing tries to rev up its stumbling economy

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Exports grew by 8.7% to $308.65 billion compared to the same period last year, yet imports rose just 0.5% year-on-year.

https://fortune.com/asia/2024/09/10/china-august-exports-beat-exports-imports-trade-surplus/

One of China’s most famous bankers loses $750 million in wealth after unexplained detention

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Authorities detained Bao Fan, China Renaissance's founder, 17 months ago in an unspecified investigation amid a broader crackdown on the finance sector.

https://fortune.com/asia/2024/09/10/china-renaissance-founder-bao-fan-loses-750-million-wealth-detention-crackdown/

Struggling Volvo Cars says ‘safety is our superpower’ as EV ambitions dashed by flatlining market

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Volvo is reminding drivers of its safety "superpower" as it seeks to grab market share in a struggling EV market.

https://fortune.com/europe/2024/09/10/volvo-cars-safety-ev-market-flatlining/

The millennial CEO behind Britain’s first compostable coffee pod unwinds after work by sitting in his infrared sauna after work

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David Abrahamovitch turned the mobile phone shop he inherited from his late father into a coffee chain—now, his Grind coffee is enjoyed every 2.8 seconds

https://fortune.com/europe/2024/09/10/millennial-ceo-grind-london-uk-david-abrahamovitch/

The elite $100 billion club just lost three members. Here’s who fell off the list

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Together, the net worth of the world’s richest people is higher than Google’s market cap.

https://fortune.com/2024/09/09/elite-100-billion-dollar-club-loses-three-members-huang-dell-adani/

The elite $100 billion club just lost three members. Here’s who fell off the list

?w=2048

Together, the net worth of the world’s richest people is higher than Google’s market cap.

https://fortune.com/2024/09/09/elite-100-billion-dollar-club-loses-three-members-huang-dell-adani/

White Stripes sue Trump for using ‘Seven Nation Army’ without permission

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The band has accused Trump and his presidential campaign of copyright infringement.

https://fortune.com/2024/09/09/white-stripes-sue-trump-seven-nation-army-without-permission/