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California put up its fast-food wage to $20. Its governor is adamant it’s not causing employment to fall.
05 Jul

California put up its fast-food wage to $20. Its governor is adamant it’s not causing employment to fall.

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Since Gov. Gavin Newsom first announced plans to raise wages for fast-food workers in California, both restaurant chain executives and franchisees have warned about the impacts it could have on their businesses.As well as having to raise menu prices, some critics of the legislation warned that the higher wages could lead to restaurants laying off some of their workers, or even closing down.Despite intensive lobbying from the fast-food industry, the new wage of $20 an hour for quick-service chains with at least 60 locations nationwide went into force on April 1.The California Business and Industrial Alliance certainly isn't happy with…
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This soccer star who came from nothing has been funding universal basic income in his hometown for years
05 Jul

This soccer star who came from nothing has been funding universal basic income in his hometown for years

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YouTube star Jimmy "MrBeast" Donaldson recently donated $200,000 toward a universal basic income program in the Ugandan village of Karamoja. A top soccer player who grew up desperately poor has funded a similar initiative in his African hometown for years.Sadio Mané, who played for top clubs like Liverpool and Bayern Munich before transferring to Saudi Arabia's Al Nassr last year, revealed in a 2019 interview that he gives 70 euros ($76) a month to every resident of a "very poor region of Senegal."He likely meant the village he grew up in, Bambali, which has about 2,000 residents. The exact details…
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3 high-earners share when they knew it was time to quit their 6-figure jobs: ‘It was literally driving me to the edge’
05 Jul

3 high-earners share when they knew it was time to quit their 6-figure jobs: ‘It was literally driving me to the edge’

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Six-figure salaries can come with extremely demanding workloads and higher stakes. This can feel unmanageable without a supportive work environment, and in some cases, employees are left to choose between their paycheck or their mental health.Business Insider spoke with three high-earners who left their six-figure jobs to save their mental health. They each started their careers eager to make a splash in their industry, but were quickly disillusioned by the high pressure, exhaustive workdays, and tough feedback.When their mental health plummeted, they were forced to quit.Jean Kang was overwhelmed by her company's 'hustle -culture'Thirty-one-year-old Jean Kang initially loved the perks…
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Zuck through the years: How the Meta mogul went from a hoodie-loving nerd to a hydrofoiling, beer-chugging, chain-wearing tech bro
05 Jul

Zuck through the years: How the Meta mogul went from a hoodie-loving nerd to a hydrofoiling, beer-chugging, chain-wearing tech bro

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Mark Zuckerberg isn't style icon by any means, but he's working on it.After spending years wearing the same thing, the billionaire is changing up his fashion.The internet is clearly loving Zuckerberg's new expression of himself through clothes. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Meta founder and CEO Mark Zuckerberg is known more for…
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How Labour Can Fix the UK’s Tech Industry
05 Jul

How Labour Can Fix the UK’s Tech Industry

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One way for Labour to unlock capital is to leverage the power of pensions and allocate more of their funds to venture capital to fill the Series A funding gap, says Edward Prior, head of investor services at early-stage VC fund SFC Capital. “There’s more US pension fund money in UK startups than there is UK pension fund money,” he argues.“Yes, we need to be the best place to start a business, and we really are on a world-leading footing with that, but we also need to be the best to scale a business, because we are losing too much…
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John Oliver was right — the Conservative Party just faced an epic wipeout at the polls
05 Jul

John Oliver was right — the Conservative Party just faced an epic wipeout at the polls

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In June, the comedian weighed in on the UK election in an episode of "Last Week Tonight." And now it seems Oliver was certainly on the money when he joined political watchers in forecasting a Tory defeat."To put it mildly, the Tories are in trouble, which is a remarkable downfall for a party that's been in power for the last 14 straight years," Oliver said.In his segment, Oliver listed a litany of problems that he thought the Conservatives could be blamed for, ranging from the economic fallout wrought by Brexit to the harsh austerity measures the party imposed on the…
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