BusinessReuters•18 hours agoNot so fast: U.S. restaurant workers seek ban on surprise scheduling
The text message came as Flavia Cabral walked to a McDonald's restaurant in Manhattan for her 6 p.m. shift on a May evening. "Every week you're guessing how much money you're going to get and how many days you're going to work," said Cabral, 53, who has been employed at McDonald's for four years.But a measure of relief is coming for Cabral and 65,000 other New York City fast-food workers whose schedules and incomes often change with little or no notice. New York recently became the largest U.S. city to require fast-food restaurants to schedule workers at least two weeks in advance, or pay them extra for changes.
BusinessThe Street•8 hours agoWalmart Is Going to Kick Amazon in the Teeth, so Don't Be Surprised When It Happens
Goldman is dead right on its Walmart (WMT) upgrade. But since you are unlikely someone with $50 million in the market and a Goldman analyst a phone call away, allow me to put the upgrade into plain English. Here is why Walmart could come roaring back against Amazon (AMZN) over the next five years: There is a talent infusion happening at Walmart that is driving much faster, much more decisive decision making. While the company certainly still has sleepy areas, the retail behemoth is acting quicker and being bolder. In effect, it is turning into Amazon -- except with over 4,000 U.S. stores in prime locations. And that brings me to point number two. With its purchase of Whole Foods (WFM) Amazon sent
- NewsMarketWatch•15 hours ago
7 real ways for millennials to save money (not by brownbagging and skipping Starbucks)
It seems young people get blamed for everything these days. Millennials have been accused of killing marriage, home ownership, chain restaurants, diamonds, department stores, face-to-face interaction and pretty much every long, boring sporting event imaginable. They’re also being accused of killing their own net worth. Here’s a recent survey from Bankrate.com: “In particular, younger millennials (ages 18 to 26) are falling victim to vices that may feel good in the moment, but are far from worth it in the long run: • 54% of people in our age group eat out at least three times per week. • 30% of millennials say we buy coffee at least three times a week. • 51% typically go to a bar at least once
