Amazon.com
Amazon boosts hourly pay to over $18, to hire 125,000 workers
Amazon did not give exact figures, but a $1 raise on a $17-per-hour wage would amount to about a 6% hike
Amazon temporarily raises overtime pay for warehouse workers
Hourly workers at Amazon’s US warehouses will receive double pay after 40 hours for overtime
Amazon posts quarterly profit of $2billion; shares rally
Of the 48 analysts covering the stock, 46 have a “buy” rating, while only 2 rated it “hold”.
1 of 1