Business & Economy
Associated Press/Photo by Mark Lennihan

Minimum wage law stifles NYC jobs

by Hannah Harris
Posted 8/06/19, 11:36 am

New York City’s higher minimum wage is hurting some of those it was meant to help. Small businesses suffering from having to pay employees $15 an hour, which went into effect Dec. 31, are cutting work shifts and limiting overtime to compensate. Susannah Koteen, owner of Lido Restaurant in Harlem, told The Wall Street Journal, “You can only cut back so many people before the service starts to suffer.”

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iStock.com/AndreyPopov

Delivery drivers admit to bite-stealing

by Hannah Harris
Posted 8/01/19, 01:08 pm

Food tampering gained national attention this summer when a video of a girl opening and licking a tub of ice cream and putting it back in the grocery store freezer went viral. Now a US Foods survey says some food delivery workers are guilty of sampling their customer’s food. More than a quarter of the workers surveyed—from Uber Eats, Grub Hub, Door Dash, and Postmates—admitted they had helped themselves to a delivery order.

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Associated Press/Photo by Mike Stewart (file)

Equifax agrees to massive payout for data breach

by Kent Covington
Posted 7/23/19, 12:05 pm

The credit reporting bureau Equifax has agreed to pay $700 million and potentially more to the U.S. government and to states over a 2017 data breach that exposed the Social Security numbers and private information of nearly 150 million Americans. Under the settlement, Equifax will initially pay nearly $400 million into a special fund to cover costs related to potential identity theft and other damages. The company’s total payout could dramatically increase from there, potentially into the billions.

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