Retail death star Walmart has just announced that it will be giving raises to all of its low-level hourly workers this year, and setting a minimum wage of $10 an hour next year. Walmart can see which way the wind is blowing.
What do you think the most successful industry in America has been in the past 100 years? A hint: it's home to the most successful company of the past 50 years.
What with big news such as the Super Bowl and its advertisements, you may have missed the smaller news that large numbers of American oil workers have walked off the job. They have.
Let us all bow our heads and say a prayer for Don Thompson, fired this week as CEO of McDonald's merely because he was bad at his job, and his company is bad, and performing badly.
A couple of years ago, union-busting retail monster Target expanded into Canada in what they thought would be a bold new phase of international domination. It was not.
Retail monster Target has more than 360,000 employees. Some of them are oldies; some of them are Gen Xers; and some of them are the dreaded millennials. Fortunately, the company has a neatly stereotyped training guide for managers to navigate this generational minefield.
Shortly before the 2012 presidential election, Westgate Resorts CEO David Siegel told his thousands of employees that he might have to lay them off if Barack Obama was elected. How has that turned out?
Although Walmart now controls "more than a fifth of all grocery sales" in Mexico, there is still room to expand. Aren't there some poor small local merchants still left to be put out of business?
What is it like to work at an Amazon warehouse during the annual holiday rush? One Amazon warehouse employee kindly narrated the "nonstop chaos" for us over the past month.
Hamilton Nolan · 12/11/14 05:15PM
The CEO of Sea World has resigned, after one little documentary called Blackfish led to a nonstop onslaught of protests and a plummeting stock price and a storm of outrage that continues to this day. Hopefully the next step will be the company's bankruptcy.
The Supreme Court has ruled that Amazon warehouse workers are not entitled to be paid for the time they spend standing in line waiting for company security guards to make sure they did not steal anything.
Canned food donation bins for impoverished Walmart employees are popping up in Walmart stores this holiday season. Today, protesters left this huge food bin outside of Walmart heiress Alice Walton's zillion-dollar Manhattan condo. Ha. [Pic via]
Two new reports today about Walmart, the world's top provider of crap. One points out that Walmart is a tax dodger; the other points out that Walmart worsens our national hunger crisis. A banner day for Walmart!
Whole Foods has just launched its first national advertising
campaign, featuring the slogan "Values Matter." It emphasizes not just quality food, but also the company's "fair labor practices." How do Whole Foods employees feel on that point?
The business world is giddy and agog at the rip-roaring return of mergers and acquisitions. M&A is back! Just yesterday, two mega-deals worth $100 billion were announced. Some people are getting very, very rich. The deserving people, that is.
Hamilton Nolan · 11/13/14 02:52PM
Here you will find a live feed of an ongoing sit-in by Los Angeles Walmart workers who are seeking higher wages from a company that has made its founder's children zillionaires.
Whole Foods, a company that has lately been beloved by yuppies, the middle class, and Wall Street alike, is facing demands for a union. But Whole Foods hates unions! How much? An insider tells us more.
Whole Foods has had a pretty bad year. Its stock cratered in 2014, as lower-cost competitors undercut its prices. But now earnings are up, the stock is on the rise, and the company has a new problem: some of its workers would like a union.
Amazon's status as Wall Street's darling may have come to an end. A disappointing earnings report last week sent the stock sliding and caused loud grumbling about the choices of brilliant(?) prick CEO Jeff Bezos. To add to those doubts, here's a story from an Amazon warehouse employee.