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.
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.
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.
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.
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.
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.
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.
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.
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
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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/
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/