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Walmart is raising its minimum wage to $11 and expanding maternity and parental leave benefits, citing US tax reform as the impetus. Some eligible workers will also get a one-time $1,000 bonus.
Bitcoin dropped 12% and the global crypto market lost over $106B on news that South Korea is working to ban domestic digital currency exchanges.
Half of women in STEM roles have experienced gender discrimination at work, according to a Pew Research study. That jumps to nearly three-quarters of women in computer-related jobs and 78% in mostly male workplaces. This discrimination can include pay inequity, being “treated as if they were not competent,” sexual harassment, and more.
This right-sizing of our store footprint in number and size has been a painful but essential element of our transformation.
Eddie Lampert, Sears Holdings CEO, on the company’s turnaround efforts
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Animation: Lucy Clinch
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