Mayor Bill de Blasio, promoting his message of income equality, pressed influential New York City business leaders on Thursday to raise their workers’ starting pay to $13 an hour.
Business & Economy
Analysts predict that the world’s first trillionaire will emerge on the planet — and it may be sooner than we think. This is someone who is worth at least this much: $1,000,000,000,000. The world may appear to be in chaos, but the wealthy charge on, “despite plunging oil prices and a weakened euro,” reports Forbes magazine, which has identified a record 1,826 billionaires. Combined, they have a net worth of $7.05 trillion, which would pay less than half of the current federal debt. But no matter. The list includes 290 newcomers, 71 of whom hail from China.
A New Jersey appellate court says a man cannot seek damages for burns he suffered while bowing his head in prayer over a sizzling steak fajita skillet at a restaurant.
Uber is starting to drive itself. The surging app-based taxi-alternative business recently conducted the first systematic analysis of its drivers and found that flexible work hours is one of the main reasons the company attracts such a diverse range of drivers.
American households are suffering from a little-reported part of President Obama’s agenda — skyrocketing electricity costs.