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Swan song for General Electric as it completes demerger
Swan song for General Electric as it completes demerger
Economy
by  AFP

The US conglomerate General Electric, co-founded more than 130 years ago by Thomas Edison, is opening a new chapter in its history on Tuesday: its break-up into three independent entities which will then concentrate on their disparate core businesses.

California fast food workers get $20 hourly minimum
California fast food workers get $20 hourly minimum
Economy
by  AFP

The minimum wage for many fast food workers in California rose to $20 per hour on Monday, sparking joy for employees but warnings of likely price increases in the state which already faces a high cost of living. Some chains have said they will need to increase prices and warn the wage hikes could ultimately cost jobs.