Honest pay for honest work … or something
As the Senate pulls the minimum wage hike out of the COVID-19 relief bill (a ruling that came down just after we taped), let’s talk about two very different pay stories. First, Costco says it will pay employees at least $16 an hour — how long before the market laps Congress? Then, former CEO Adam Neumann — remember him? — is still getting paid off of the mess at WeWork. It’s bananapants, folks. Plus: Dunkin’ is getting avocado toast, because apparently it’s 2015, and TikTok had deepfake Tom Cruise, because apparently it’s 2115.
Here’s everything we talked about today:
- “Costco raises minimum wage for employees to $16 an hour” from NPR
- “WeWork’s Adam Neumann to Get Extra $50 Million Payout in SoftBank Settlement” from The Wall Street Journal
- “Dunkin’ just added avocado toast to its menu — about 5 years after the trend peaked” from Insider
- Tom Cruise deepfakes
- “The joy of vax: The people giving the shots are seeing hope, and it’s contagious” from The Washington Post
- Our recent episode on the economic effects of a $15 minimum wage
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