New York state to raise fast food minimum wages

New York state fast food workers' wages will eventually rise to $15 (£9.60) an hour, after a state wage board unanimously recommended the increase.

Royal Mail reports flat revenues

Royal Mail has reported flat revenues in the three months to 28 June as UK letter volumes continued to decline.

100,000 Walmart managers get a raise

Walmart, which started raising worker pay in April, will hike the wages of 100,000 managers by as much as 26%.

McDonald's shuts down restaurant amid protest over low wages

OAK BROOK, Ill. (AP) -- McDonald's shut down a restaurant near its headquarters Wednesday after the area was swamped by hundreds of protesters calling for pay of $15 an hour and a union.

McDonald's to raise wages for 90,000 US employees

Fast-food giant McDonald's says it will raise the pay of more than 90,000 US employees to at least $1 above the legal minimum wage.

Royal Mail: competing services threaten six day-a-week delivery

Royal Mail has warned communications watchdog Ofcom that its mandate of delivering post six days a week to any address in the UK is under threat from competing services.

McDonald's shareholders approve executive pay plan

McDonald's shareholders have approved an executive pay plan at the company's annual meeting despite protests.

McDonald's says wages could rise

Fast food giant McDonald's has said growing concerns over income inequality may force it to raise its wages. It said the public focus on the issue "may intensify" over the coming months.

Nike investigates Indonesian suppliers over wage abuse

JAKARTA: US sporting goods giant Nike said Tuesday it was investigating claims by labour activists that its manufacturers in Indonesia were trying to evade paying its workers the minimum wage.