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Online retailer Amazon.com announced that starting from November 1, wages to employees who work in the US are rising to $15 per hour. This number includes more than 250 thousand employees of the company and over 100 thousand seasonal workers whom the company plans to hire for the period of winter holidays in the USA. Now, the minimum wage in the United States is equal to 7 dollars 25 cents per hour. It was established at the federal level about 10 years ago. Amazon's capitalization amounted to 977 billion dollars, having increased by more than 71% since the beginning of the year.
Indonesia on Tuesday imposed a 10% VAT on products by technology firms including Amazon, Netflix, Spotify, and Google as lockdowns forced a surge in spending patterns as well as remote working, which has hit state finances. The Southeast Asian ...
The breakfast and coffee chain Dunkin’ Brands Group Inc. (DNKN.O) stated on Monday that its franchise operators are planning to hire up to 25,000 employees in light of high demand after the United States reopened the restaurant industry. The ...
On Monday, Chief Executive Officer Arne Sorenson stated that Marriott International (MAR.O) has resumed all its hotel operations in China and is seeing a sustained recovery in its biggest market, the United States. After Sorenson’s statement, ...
On Wednesday, American computer manufacturer Micron Technology Inc (MU.O) raised its revenue forecast to a range of $5.2 billion to $5.4 billion from $4.6 billion to $5.2 billion for the third quarter. The company's shares jumped to 3.7% in ...
Hyatt Hotels Corp. (H.N) announced on Monday that it would terminate 1,300 employees worldwide beginning on June 1. The move comes after a sharp fall in global travel struck the hospitality industry as people stay home to prevent the spread ...
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