Business

Surprise! Seattle's Minimum Wage Increase Is Making People Poorer

Surprise! Seattle's Minimum Wage Increase Is Making People Poorer

Absolutely yes, say researchers at the University of Washington, who just completed what some are calling a highly credible study of Seattle's experiment gradually raising the minimum wage to $15. Past research generally (though not always) that modest minimum wage increases have little impact on the employer. Single-site businesses, though - which are counted in the report - could include franchise locations that are owned separately from their corporate headquarters.


Escaped inmates captured in Tenn., governor says

Escaped inmates captured in Tenn., governor says

Police responded and started chasing the pair. Donnie Russell Rowe , an escaped Georgia prisoner, was apprehended in Tennessee on June 15, 2017. Rowe and Dubose have been on the run since Tuesday, when they allegedly overpowered two correctional officers on a transport bus in Putnam County before making their escape .



WPP, Others Hit By Cyber Attack

Statements published on social networks earlier said that a computer virus had attacked the websites and computer systems of numerous Ukrainian companies, banks, state agencies and other institutions. Danish shipping giant A.P. Moller-Maersk, which handles one out of seven containers shipped globally, said a cyber attack had caused outages at its computer systems across the world.


Robust US home price gains cool slightly in April

Robust US home price gains cool slightly in April

Month-over-month, the 10-City Composite rose 0.8 percent and the 20-City Composite rose 0.9 percent. When the 20 metro areas covered by Case Shiller average a 5.7% year over year gain in single family home prices it's pretty sad when the Chicago area can only eke out a 4% gain.


Hollywood Studios, Suspicious of China's Box-Office Numbers, Conduct Audit

Hollywood Studios, Suspicious of China's Box-Office Numbers, Conduct Audit

The results of the audit may come as soon as the third quarter of this year, according to Bloomberg . Walt Disney Co . and Viacom Inc's Paramount Pictures are major Hollywood studios are gives the importance for this audit result. But Chinese cinemas have been known to employ various techniques to game the system, such as the simple under-reporting of sales, ascribing profits from one film to another or selling discounted tickets to distributors in bulk to create the false appearance ...