Bangladesh garment factory owners say they are soaking up much of the cost of nearly doubling wages as some global retailers balk at price hikes, leaving less money for safety improvements urged by apparel chains after last year’s Rana Plaza disaster. The task of coping with a 79 percent increase in the minimum monthly wage… Continue reading VIDEO: Rising Wages Squeeze Bangladesh Garment Makers As Factories Await Upgrades
Tag: Minimum wage
VIDEO: America’s CEOS on Raising the Minimum Wage
President Obama is pushing to raise the minimum wage to $10.10 an hour. WSJ’s Sara Murray talked to American CEOs about the benefits and consequences of a higher minimum wage.
VIDEO: Week Ahead: Candy Crush IPO
Most of the headlines this coming week will be made by the expected IPO pricing and market debut of King Digital Entertainment, maker of the smartphone game Candy Crush Saga. King is expected to price on Tuesday at between $21 and $24 a share, which would give the whole of the company a market value… Continue reading VIDEO: Week Ahead: Candy Crush IPO