Companies

Minneapolis-based Target is raising its minimum wage by a buck, to $11 an hour starting in October. That will apply to the seasonal workers the company is trying to hire right now to staff stores and online fulfillment centers for the holidays. By the end of 2020, the company said its minimum wage will reach […]

Uber has a new fire to put out. The city of London said today that when Uber’s license to operate expires at the end of the month, it’s bye bye Uber. There won’t be a renewal. The company has been trying to recover from a long list of woes, which include — but are not […]

Credit card delinquencies have inched up this year, as a rising number of Americans are falling behind on their card payments. We look at why this is significant, and what are the factors behind this increase. Click the audio player above to hear the full story.

In the everything old is new again department, Google is betting big on hardware. The company already bought and sold Motorola in the past five years and now Google’s announced it’ll pay $1.1 billion for a chunk of HTC. To be clear Google’s not acquiring the company here. It’s acqui-hiring pretty much the entire engineering […]

Facebook CEO Mark Zuckerberg announced today that the company will give congressional investigators thousands of social and political ads from accounts associated with a Russian organization known as the Internet Research Agency. And while Zuckerberg was busy detailing that decision, Facebook’s chief operating officer, Sheryl Sandberg, has been dealing with another tricky issue. ProPublica recently […]

Sprint and T-Mobile have tried to merge before, but federal regulators nixed the plan. The business climate under Trump may smooth the way for a deal. Click the audio player above to hear the full story.