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Category : Business (Archive for 2018-08-26) News by Google
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CNNMoney
17 days Elon Musk will never get back
CNNMoney
Elon Musk wanted to get away from the scrutiny of public investors. Instead he made a spectacle of himself. Over 17 volatile days, bookended by two surprise and unconventional announcements on Twitter, Musk threw the trajectory of his electric car ...

New York Times
Walt Disney World Workers Reach Deal for $15 Minimum Wage by 2021
New York Times
Thousands of Walt Disney World employees would receive raises under a new contract settlement between the company and a group of unions that increases the minimum starting pay to $15 an hour by 2021, capping nine months of tense wage negotiations ...

TechCrunch
China's Didi suspends carpooling service after another female passenger is mudered
TechCrunch
Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber's China business, has suspended its carpooling service after the murder of a female passenger. The fatally is the second such incident this year after a ...

New York Times
Are Superstar Firms and Amazon Effects Reshaping the Economy?
New York Times
JACKSON HOLE, Wyo. — Two of the most important economic facts of the last few decades are that more industries are being dominated by a handful of extraordinarily successful companies and that wages, inflation and growth have remained stubbornly low ...

Electrek
Tesla driver arrested for drunk driving after blaming Autopilot for crashing into a fire truck
Electrek
A Tesla Model S crashed into yet another fire truck resulting in two injuries in San Jose earlier today. The driver said that he “thought the Model S was on Autopilot”, but he was arrested under suspicion of drunk driving.

Forbes
Markets Hit New Highs After Powell's Speech as Some Hear Dovish Tone
Forbes
The last week of summer will begin with investors presumably digesting the latest words from Fed Chair Jerome Powell, waiting for the next round of inflation data, and watching closely as the interest rate yield curve narrows. This all comes after ...

The Verge
Automakers are tapping nostalgia to promote electric cars — and it's working
The Verge
Automakers around the world have spent the last few years promoting hybrid and electric drivetrain technology in order to show how they're thinking about the future. But lately, some of them are looking back to the past to promote these new technologies.

Business Insider
Lisa Brennan-Jobs said she would give her father's billions to the Bill and Melinda Gates Foundation if she could
Business Insider
Lisa Brennan-Jobs' upcoming memoir, "Small Fry," describes her relationship with her father, Apple founder Steve Jobs. Brennan-Jobs received an inheritance after her father's death, but his $20 billion fortune is controlled by Laurene Powell Jobs.

Reading Eagle
Struggling Massachusetts city may get boost from new casino
Reading Eagle
SPRINGFIELD, Mass. - Standing on Main Street, the nearly $1 billion resort casino meant to spark a downtown renaissance doesn't immediately scream Las Vegas glitz. There's no neon-lit billboard, no soaring tower of glass and steel. Instead, two modest ...

Business Insider
Data from states shows thousands of Amazon employees are on food stamps
Business Insider
Amazon is one of the top employers of those who receive SNAP benefits, otherwise known as food stamps, in at least five states. Nearly one in three Amazon employees in Arizona and 1 in 10 in Ohio were on food stamps or lived with someone who was in ...

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