Before Amazon started showing billion-dollar profits, there was a joke that the massive public company was in reality a charity run by Wall Street investors for the benefit of American consumers. But that humor revealed a deep misunderstanding of Amazonomics. The internet retailer was never any sort of philanthropy. Instead it was a rapidly growing business that invested every dollar of excess cash back into growing the business even further.

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BING NEWS:
  • Delta bumps up its starting minimum wage, gives pay raises to 80,000 employees
    Atlanta-based Delta Air Lines announced on Monday that non-union employees will get a 5% raise. The airline is also raising its minimum starting wage to $19 an hour.
    04/24/2024 - 1:50 am | View Link
  • Rising minimum wage could bring hard choices, says business advocate
    Effective Oct. 1, the Ontario government will increase the minimum wage from $16.55 per hour to $17.20, which will impact some employers, a business advocate says. The increase reflects a 3.9-per cent ...
    04/23/2024 - 8:36 am | View Link
  • Minimum Wage Crisis Leads To More Starting Virtual Assistant Businesses
    The effect of rising minimum wages is hurting so many but none more than small businesses. And when these small businesses close because they can’t ...
    04/23/2024 - 4:15 am | View Link
  • Google scraps minimum wage, benefits rules for suppliers and staffing firms
    Most of the company's suppliers operate in states that mandate a minimum wage of at least $15, the spokesperson said. Sign up here. Reporting by Daniel Wiessner in Albany, New York, Editing by ...
    04/19/2024 - 6:48 am | View Link
  • Oregon minimum wage will go up 50 cents in July 2024
    (PORTLAND TRIBUNE) — Oregon’s minimum wage will go up by 50 cents per hour in all three regions starting on July 1. The automatic increases were announced Tuesday, April 16, by Commissioner ...
    04/18/2024 - 4:10 am | View Link
  • More

 

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