– CBS News
New York City’s taxi regulatory body is considering setting a wage floor for ride-hail drivers on platforms like Uber, Lyft, Juno and Via that would be equivalent to the city’s upcoming $15/hr minimum wage. If it succeeds, it would be the first such attempt in the country and could have reverberations throughout the so-called sharing economy.
– NPR
Rather than spend the windfall on schools, prisons or other government services, some Republican governors and lawmakers are proposing to give it away in the form of tax cuts.
– Nation’s Restaurant News
The relationship between CEO compensation and employee pay at publicly-traded restaurant companies varies widely, according to data disclosed to the Securities and Exchange Commission.
– The Wall Street Journal
Further evidence of the merging of the traditional economy with the new economy, hotels are beginning to get into the private home-rental market themselves.