Tuesday, May 13, 2014

German Official Wants To Implement National Minimum Wage Quicker Than Planned

BERLIN (AP) — Germany's new top labor official says he will push to have the country introduce a national minimum wage quicker than planned and work to make union membership more attractive to young people.

Saturday, May 10, 2014

Dairy Queen CEO: 'People Need To Be Paid A Fair Wage'

Another fast-food executive just said something shockingly reasonable about the minimum wage.

Dairy Queen CEO John Gainor, in an interview with CNN that aired on Thursday, joined Subway CEO John DeLuca in saying not completely negative things about the idea of raising the minimum wage.

“People need to be paid a fair wage,” Dairy Queen CEO John Gainor told CNN’s Poppy Harlow.

Thursday, May 8, 2014

Tim Geithner Tried To Quit 3 Months Into Treasury Secretary Stint

Timothy Geithner says he offered to resign three months into his stint as Treasury secretary, and supposedly it was only the first of multiple times he tried to quit.

But President Barack Obama refused to “liberate” him, he told Andrew Ross Sorkin in a New York Times Magazine profile published online Thursday.

The former chair of the New York Federal Reserve is pushing his new memoir, “Stress Test,” which is due to be published May 12. In it, he seems to paint himself as the reluctant pragmatist who steered the country clear of financial devastation.

Tuesday, May 6, 2014

Amazon Now Lets You Add To Your Cart By Tweeting

NEW YORK (AP) — Amazon wants to make shopping online as easy as a tweet.

The online retailer is introducing a service that lets Twitter users add Amazon.com products to their carts without leaving the social media site.

The service comes as Amazon seeks to make social media a bigger source for sales. Twitter also has been seeking new revenue streams beyond advertising services like promoted tweets.

Under the program, users must link their Amazon.com account with their Twitter account. Then they need to add the hashtag #AmazonCart when replying to a tweet that has an Amazon product link. The product will then be automatically added to their shopping cart.

Sunday, May 4, 2014

Goodbye, And Good Riddance, To The Hotel Minibar

Say good-bye to the $10 hotel-room Diet Coke. Hotel minibars are falling out of favor with travelers and hotels.

Mini-bar sales dropped a stunning 28 percent from 2007 to 2012, according to a study from PKF Hospitality Research, which collects data from thousands of U.S. hotels. To save money, hotel chains such as Grand Hyatt, Hilton and Marriott are phasing out the feature, either paring down offerings or emptying the refrigerators so guests can fill them with their own food and drinks.