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Disneyland Resort Proposes to Raise Minimum Wage for California Park Workers

3yrs ago from Raw Story
Walt Disney Co’s Disneyland Resort on Thursday said it proposed to raise the minimum wage of employees at its California theme park to $15 per hour by January 2019. The agreement with Master Services Council, provides for a minimum wage rate increase of 40 percent within two years of the deal, making it one of the highest minimum wages in the country, Disneyland Resort said. The current minimum hourly wage of $11 will be hiked …
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Venezuela Tries to Combat Crippling Inflation by Removing Five Zeroes from Currency

3yrs ago from The Blaze
Venezuelan President Nicolas Maduro announced Wednesday that the South American nation would be removing five zeros from its currency in order to combat runaway inflation that is nearing a staggering 1 million percent. Will this help the economy? In a speech, Maduro said that this move would stabilize the economy by "anchoring" the bolivar. Maduro said that the country needed an “economic revolution.” Inflation in Venezuela is expected to reach 1 million percent by the end of the year, according to the International Monetary Fund. Initially, Maduro's government had planned to remove three zeros from the currency, but Maduro revealed in this announcement that the number had been increased to five. Inflation is currently at 46,000 percent. As a result of the crippling inflation and economic instability, Venezuela's minimum wage is the equivalent of one U.S. dollar a month. This has made it impossible for Venezuelans to buy even basic necessities. Maduro also said that the government …
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Trump’s Former Chauffeur Is Suing Him for $200,000

3yrs ago from The Week
President Trump's personal driver of 25 years is suing Trump for failing to pay him overtime, Bloomberg reports. Driver Noel Cintron says he was skimped some 3,300 hours of overtime pay in the past six years — the maximum he can sue for because of the statute of limitations. It is hardly the first time Trump has been accused of failing to pay his employees what they are owed. In 2016, Trump faced at least 60 lawsuits from people accusing him of "failing to pay them for their work," USA Today found, as well as more than 200 mechanics liens filed by contractors and employees alleging Trump owed them money. At the time, his companies also faced 24 citations since 2005 for violating the Fair Labor Standards act by "failing to pay overtime or minimum wage." Trump's driver was expected to start work at 7 a.m. and end whenever the Trump family or their business associates no longer needed him, resulting in the occasional 55-hour work week. Cintron was paid a fixed salary of $75,000 starting in 2010, although that raise from $68,000 came with his health insurance being axed. He is seeking some $200,000 in damages. Cintron, 59, is a registered Republican who has worked for the Trump Organization in total for over 30 years. He stopped working as Trump's driver when Trump became president and the Secret Service took over. Jeva Lange
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