A Higher Minimum Wage Can Lead Employers to Lower Compensation

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A Higher Minimum Wage Can Lead Employers to Lower Compensation

A study published this month in the Harvard Business Review finds that “as minimum wage increases, firms may strategically adjust their scheduling practices to reduce the number of workers eligible for benefits.” That’s a way for them to suppress compensation …
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EV Maker Xpeng Gets Nod for $2 Billion Hong Kong Listing

The filing, which confirmed an earlier Bloomberg News report, didn't specify Xpeng's fundraising size. The EV maker could raise as much as $2 billion
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Cyber Security Today, June 23, 2021 – A small Canadian accounting firm hit by ransomware …

A small Canadian accounting firm hit by ransomware, a criminal marketplace offering stolen data to competitors of victim firms, and more. Welcome to
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SoftBank's buyback magic wears thin

(The author is a Reuters Breakingviews columnist. The opinions expressed are their own. Refiles to add dropped word “a” in first paragraph.) LONDON (Reuters Breakingviews) – SoftBank Group Chief Executive Masayoshi Son needs new ideas to prop up …
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London Looks Past Brexit to Eclipse Rivals in Emerging Markets

… with Eurobond listings, exceeding an unprecedented $124 billion last year versus $16 billion in 2016, according to data compiled by Bloomberg.
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