As expected, a majority in the Senate voted against an additional 1.2 percent increase in the minimum wage on Tuesday. The BBB announced last week that it would vote against the law that regulated the increase, making it clear there would be no majority support.
California restaurant owners, including CEO of one of the largest El Pollo Loco franchises, explain how the new minimum wage is hurting business.
UK dividends grew by 4.9 per cent in the first three months of the year, reaching £15.6bn thanks to one-off special dividends.
Hong Kong is set to raise the hourly minimum wage by 4.5 per cent to HK$41.8, local media have reported citing sources. The Minimum Wage Commission will also reportedly review the amount annually going forward, rather than every two years. The adjustment would come after years of calls from labour activists for more frequent assessments […]
People living in the capital are currently paying £471 towards the Mayoral General Precept, which is an additional charge added to council tax bills to 'support the Mayor's activities'.
California's gas tax will increase by 2 cents starting July 1, according to a recent notice by the California Department of Tax and Fee Administration.
President Ferdinand Marcos Jr. on Labor Day ordered the Regional Tripartite Wage and Productivity Board to conduct a "timely review" of minimum wage rates in the regions.
Groups have been calling on the government to raise the minimum wage to keep up with the rising cost of living.
MPA and CPWB chairperson writes to Punjab home secretary, seeking support
California's New Minimum Wage: A Cure That Exacerbates The Sickness Via SchiffGold.com, The solution to a problem shouldn’t make the problem worse. But apparently, California’s policy makers missed that memo. On April 1st, the state instituted a $20 minimum wage for fast food workers, the highest in the US. With California’s absurdly high cost of living, the policy appeared to make life more manageable for low-income residents. Unfortunately, as the adage goes, “If it sounds...
California’s fast-food minimum wage hike has been in effect for just one month, and the consequences are proving to be fewer hours and potentially fewer jobs for workers. Pollo West Corporation, the largest franchisee of El Pollo Loco restaurants in California, has said that its franchises went from profitable to losing money overnight when the […]
Shares of Shriram Finance Ltd. traded 2.75 per cent up at Rs 2559.5 at around 01:49PM (IST) on Tuesday. The stock had closed at Rs 2490.9 in the previous session. Equity benchmark Sensex traded 260.46 points higher at 74931.74 around the same time. The scrip has climbed 92.06 per cent in the last one year till date, while the 30-share index has gained 25.22 per cent during the same period. The stock's 52-week high price stood at Rs 2605.0 and the 52-week low price at Rs 1306.6. Trading...