BUSINESS 06/14/2018 05:45 am ET Eight out of 10 ride-hailing drivers in LA said they would like to join an organization that would help them press for better pay and working conditions. By Teke Wiggin In his two years driving for Lyft and Uber in Los Angeles, George has scrambled to adapt while the ride-hailing companies have frequently adjusted their rates, policies and technology. The constant change has led George, who asked to go by a pseudonym for fear of retaliation, to help build a network of activists fighting for higher pay and more control over their work. A new study from researchers at the University of California, Los Angeles (UCLA) suggests that many of his fellow drivers are ready to chip in — eight of 10 Los Angeles ride-hailing drivers said they would like to join an organization that would help them press for better pay and working conditions. The study offers encouragement to drivers who are experimenting with different ways to organize … [Read more...] about New Study Finds Ride-Hailing Drivers Are Eager To Organize, Despite Challenges
What wages are subject to workers compensation
Share Tweet Share Email Comments Print Public companies have long been required to tell investors how much they pay their top executives but, starting this year, that information must be paired with another disclosure — how much they pay their median worker. As one might expect given the rapid rise in CEO compensation over the past few decades, that’s leading to some eye-popping figures that critics say illustrate just how vast income inequality has become in the United States. Marathon Petroleum President and CEO Gary Heminger received a compensation package worth $19.7 million last year. The Blade/Katie Rausch Enlarge | Buy This Image “I think people are going to be really interested in seeing these pay gap numbers come out and we’ll see where it heads,” said Sarah Anderson, director of the global economy project at the left-leaning Institute for Policy Studies. “There is interest to build on the disclosure and to put … [Read more...] about What it pays to be at the top: A look at the salaries of local CEOs
By: Jonathan Compton 03/05/2018 Post a Comment … but that could be good news for canny investors, says Jonathan Compton. Things can hardly be expected to get any worse, and the tidbits are looking cheap. I realised long ago that diversification was a lower-risk/higher-reward investment strategy, so I have always had a high percentage of my money invested overseas, outside of the UK. Since Britain voted to leave the European Union (EU) in June 2016, this has been especially advantageous. For whatever your own views on its rights and wrongs, markets have loathed Brexit. Not only has sterling suffered considerably – even falling against joke currencies such as the South African rand – but the UK equity market has been feeble too. Yes, it has risen, but it has underperformed global equities in local-currency terms by around 15%, and by nearly a third in dollar terms. This sort of global diversification is, unfortunately, unusual. … [Read more...] about The vultures are circling over the corpse of corporate Britain…
By Thomas Heath The Washington Post Mon., April 16, 2018 America’s 500 biggest public companies in 2018 are expected to distribute up to $600 billion or more through stock buybacks. Even Warren Buffett, who for more than 50 years has avoided such a move, is considering offering a buyback to his 1 million shareholders in Berkshire Hathaway. “As the subject of repurchases has come to a boil, some people have come close to calling them un-American — characterizing them as corporate misdeeds that divert funds needed for productive endeavors,” Buffett wrote in his annual letter to shareholders. “That simply isn’t the case.” Read more: Opinion | David Olive: Warren Buffett’s business sense is just plain common sense Article Continued Below How stock-market trading is becoming a lot like bitcoin trading U.S. stocks edge higher after giving back an early rally as global markets appear calmer Some of America’s … [Read more...] about Why some of the biggest companies in the U.S. are announcing buybacks
Democracy Dies in Darkness Sections Home Subscribe Try 1 month for $1 Username Sign In Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Subscribe Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Accessibility for screenreader Warren Buffett is considering offering a buyback to his 1 million shareholders in Berkshire Hathaway, even though he has avoided such a move for more than 50 years. (Andrew Harnik/AP) by Thomas Heath by Thomas Heath Email the author April 13 Email the author America’s 500 biggest public companies in 2018 are expected to distribute up to $600 billion or more through stock buybacks. Even Warren Buffett, who for more than 50 years has avoided such a move, is considering offering a buyback to his 1 million shareholders in Berkshire Hathaway. “As the subject of repurchases has come to a boil, some people have come … [Read more...] about America’s biggest companies are announcing buybacks. But whose cash is it, anyway?