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  • What to Watch in the Markets Tuesday, June 27

    What you need to know in the markets tomorrow, today

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  • Walmart banned alcohol and swearing from Jet's offices — and it was a big mistake
    Finance
    Business Insider14 hours ago

    Walmart banned alcohol and swearing from Jet's offices — and it was a big mistake

    Walmart banned alcohol from Jet's offices and discouraged its employees from swearing shortly after acquiring the e-commerce startup last September, The Wall Street Journal reports. The retailer sent an outside company into Jet's offices in Hoboken, New Jersey, to remove its liquor stash, according to The Journal's Sarah Nassauer and Brian Baskin.

  • Seattle’s minimum-wage increase made the most vulnerable workers poorer
    News
    Quartz12 hours ago

    Seattle’s minimum-wage increase made the most vulnerable workers poorer

    The solution appeared simple: require employers to pay people more. In 2014 The City of Seattle passed a ordinance to increase the minimum wage from from $9.47 to $15 over two to four years (depending on company size and if they pay benefits). Economists Alan Krueger and David Card studied a small wage increase, from $4.25 to $5.05, and estimated it didn’t appear to have a large impact in employment in fast-food restaurants.

  • Warren Buffett's Berkshire Hathaway just made a big bet on real estate
    Finance
    Business Insider16 hours ago

    Warren Buffett's Berkshire Hathaway just made a big bet on real estate

    "An investment in our company from one of history’s most admired investors represents a vote of confidence in our experienced leadership team and an affirmation of our profit-center real estate investment and management approach," said Christopher Holk, Store Capital's CEO.