Sales of beverages in PepsiCo’s home market returned to growth in the latest period, breaking a streak of four consecutive quarters of declines.
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Tuesday, October 2, 2018
Amazon to Raise Its Minimum U.S. Wage to $15 an Hour
Amazon, which has faced criticism about pay and benefits, said it would raise the minimum wage for all U.S. workers. The company will also start lobbying Congress for an increase in the federal minimum wage, which is currently $7.25 an hour.
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Tax Cuts Provide Limited Boost to Workers' Wages
U.S. companies are putting savings from the corporate tax cut to use, but only a fraction is flowing to employees’ wallets in the form of wage increases and bonuses, new data show.
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Cyberespionage Experts Want to Know Who's Exposing China's Hacking Army
The world’s cybersleuths are investigating a new mystery: Who is behind an anonymous effort to expose China’s hacker army? A group called Intrusion Truth has published online messages and blog posts about hacking campaigns.
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Fashion Emergency at Stitch Fix
The clothing subscription service had its first big stumble as the number of active clients stagnated.
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Shell Approves Long-Awaited Canadian LNG Project
Royal Dutch Shell said it would press ahead with a major Canadian liquefied natural gas project, ending years of delays and signaling renewed appetite for new LNG export developments.
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Monday, October 1, 2018
North American Trade Pact Soothes Investors, Businesses
Investors greeted the completion of a new North American trade agreement with relief, lifting most indexes, as the Trump administration turned its focus to getting the deal through a divided Congress.
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