Amazon will further raise a planned wage increase for some workers, and will offer bonuses as a replacement for previous compensation plans, after controversy over changes to employee payment, according to Bloomberg. The company announced last week that it would begin paying all of its employees at least $15 per hour, but the plan soon…
Jordan Valinsky, CNN Money Business Published at 5:24 pm, July 29, 2018 (CNN Money) — America’s favorite soda is the latest victim of the Trump administration’s tariffs. Coca-Cola has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce. CEO James Quincey…
Soda lovers might want to start stocking up. James Quincey, the CEO of the Coca-Cola Company, said Wednesday that the company would be raising the prices of its carbonated offerings due to rising freight costs and metal tariffs, The Wall Street Journal reported. Quincey also said he expect the move to result in bottlers and…
Tesla Inc. (TSLA) shares are rallying on Monday, but perhaps only because it’s had such a terrible week of trading in the first week of July. It’s surely not because of its latest move in a China. The electric vehicle maker raised the price of its Model S and Model X prices in China by…
WASHINGTON—Federal Reserve officials at their meeting last month signaled they could raise interest rates over the next year to a level that no longer seeks to spur growth, formally ending the long postcrisis chapter in which the central bank rewrote its policy playbook to provide unprecedented economic stimulus. In a sign of the economy’s changing…