Web
Analytics
The news is by your side.

raise

Amazon to raise minimum wage to $15 for US employees

WASHINGTON: Amazon.com said on Tuesday it would raise its minimum wage to $15 per hour for its US employees from next month as it faces criticism for pay disparity from lawmakers and labor unions. The company also said it would lobby in Washington for an increase in the federal minimum wage and urge other competitors to raise wages - a call that comes in the backdrop of the “Fight for Fifteen” movement, a union-led push for a $15 minimum wage. Amazon, which became the second company to cross $1 trillion market value…

Headphone maker Monster to raise upto $300 million in coin offering

Headphone maker Monster Products Inc said it is planning to raise up to $300 million in an initial coin offering, a fund-raising strategy in which a company creates a token, or digital currency, and sells it to the public. The former makers of Beats headphones want to develop an Ethereum-based e-commerce platform. Monster Products will offer up to 300 million of its "Monster money tokens" (MMNY) for the offering, the company said in a regulatory filing dated May 25. The company is also offering 75 million shares of its…

With 500 million users in 180 countries, Dropbox seeks to raise $500mn in stock market debut

SAN FRANCISCO: Dropbox has filed for an initial public offering, seeking to raise an estimated $500 million for the Silicon Valley cloud computing storage startup. The San Francisco company claimed 500 million users in 180 countries and $1 billion in annual revenues in documents filed with the Securities and Exchange Commission. Dropbox said its shares will trade on the Nasdaq under the symbol "DBX." Its valuation based on recent funding in the group stands at around $10 billion, making Dropbox one of the biggest…

Cats on a train! Japan railway lets felines roam to raise awareness of strays

OGAKI, Japan: A Japanese civic group teamed up with a railway operator on Sunday to let some 30 cats roam on a local train at an event, hoping it will raise awareness of the culling of stray cats. Passengers on a local train in Ogaki, in central Japan, were greeted by meowing companions on a moving train, where some passengers mingled with the felines while others enjoyed lunch. “I think it’s great more people are aware about stray kittens through events like this,” said Mikiko Hayashi, a passenger from western Japan,…

Pakistan, Turkey resolve to raise Rohingya Muslims issue at every forum

ISLAMABAD: President Mamnoon Hussain and his Turkish counterpart Recep Tayyip Erdogan on Saturday discussed the issue of Rohingya Muslims of Myanmar and resolved to raise it at every platform in the world. Both the leaders expressed these views in a meeting in Astana, Kazakhstan, ahead of the first summit of the Organization of Islamic Cooperation on science and technology. Prominent cabinet members of the Turkish president were also present during the meeting. The OIC is organizing its two-day first summit on…

Celebrities raise millions for Harvey relief

NEW YORK: Celebrities led by Sandra Bullock on Wednesday poured millions of dollars into relief efforts after monster storm Harvey ravaged Houston. Bullock, who maintains homes in nearby Austin and New Orleans, donated $1 million through the American Red Cross, the organization said. "I'm just grateful I can do it," Bullock, the star of Hollywood hits such as "Gravity" and "The Blind Side," said in a statement. Socialite Khloe Kardashian said that her celebrity clan was donating $500,000 to the Red Cross and the…

WATCH: Chinese military forces raising slogans of “Jeeway Pakistan”

ISLAMABAD: Chinese military forces have raised slogans of “Jeeway Pakistan” (long live Pakistan) on Monday during a 23rd March, Pakistan Day, parade rehearsal at Shakarparian Parade Ground in Islamabad. The military contingent for parade includes troops from Chinese Air Force, Navy and Army. In the video, the Chinese military personnel led by three men from each of their forces holding Chinese flag. The troops can be seen parading and rhyming “Jeeway Pakistan” national song in loud voice while thumping their feet on…

KP gives MPAs raise, amends Ehtesab Commission Act

PESHAWAR: The Khyber Pakhtunkhwa government (KP) has approved amendment in Ehtesab Commission Act, 2014, and raise in salaries and allowances of members of KP Assembly. This approval was given in a cabinet meeting of the province chaired by KP Chief Minister Pervez Khattak. Spokesperson KP government Mushtaq Ghani told media that it was ensured that the increment in salaries and allowances was less than the raise in salaries of MPAs of other provinces. He said the KP chief minister’s salary will after the raise…