Amazon is boosting its average starting pay for hourly employees by about a dollar, the company announced Wednesday. Warehouse workers, delivery personnel and other blue collar employees will now earn between $16 and $26 per hour, with the average worker in the U.S. taking home around $19 per hour. Since 2015, when Amazon raised its starting wage for U.S. employees to $15 an hour, the company...
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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