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Ikea to pay workers in the UK more than the living wage in 2016

Ikea, the Swedish firm, is set to become the first national retailer in the United Kingdom to pay staff above the government's National Living Wage.

New way of paying with your face being tested by MasterCard

Recently, MasterCard announced that it wants to add a layer of biometric security to its credit cards and all their customers have to do is take a selfie.

Taylor Swift tells Apple to pay artists for free trials

Over the weekend Taylor Swift penned an open letter to Apple. She explained why her album wouldn't be available on the new Apple Music service, which launches at the end of this month.

Op-Ed: Wal-Mart violated minimum wage laws

San Fransisco - Wal-Mart, one of the biggest employers in the world and a company that enjoyed a net income of $15.4 billion in 2015, has been found guilty of not paying the minimum wage in California.

Contactless payments to be accepted in 'every' EU store by 2020

Mastercard's head of emerging payment products has said that contactless payments with cards and phones will be accepted at every store in the UK and Europe before 2020, sparking a debate on whether this will actually be possible.

Early issues with Apple Pay are putting off users, says study

A study has revealed that early issues with Apple Pay are causing many earlier patriots to neglect regular use of the service. 47% of users have experienced issues in stores advertised as Apple Pay friendly.

Image shows woman paid to manipulate App Store rankings

An image posted to Chinese social media site Weibo allegedly shows a "ranking farm" of racks of iPhones that are used to manipulate ratings and reviews of apps in the App Store.

Women paid far less than men in universities

Why are there so few women in academia? New research suggests that perceptions of a need for brilliance to excel in a field of study contribute to its relatively low numbers of women.

Apple pay could be signal of much bigger trend

When Apple recently announced its intention to release two new iPhones and the revolutionary Apple Watch, something got lost in the mix.

Man ordered to pay $30K child support bill for kid that isn't his

The state of Michigan is demanding that a man pay thousands of dollars for a kid that isn't his, or he could go to prison.

Pay day loan middlemen complaints double in UK this year

Earlier this week, the Financial Ombudsman Service in the UK reported how it had seen complaints about so-called "middlemen" to pay day loan providers more than double this year.

Pay for transport or phone credit by recycling bottles in Beijing

Beijing - A new system introduced in Beijing is allowing people to get free phone card rebates or passes to public transport in exchange for simply recycling a used drinks bottle.

Tech giants 'conspired to hold down salaries'

Apple, Google, Intel and Adobe have settled a class action case alleging they conspired to hold down salaries of over 65,000 employees.

Sweden's six-hour workday experiment

Gothenburg - In hopes that it will cut down on sick leave, boost efficiency, and ultimately save Sweden money, municipal staff in Gothenburg will experiment with six-hour full-pay workdays.

Italy to cap top salaries at public companies

Milan - Italy will cap salaries at some of the country's biggest public companies, the new government of 39-year-old Matteo Renzi announced on Friday, though some major groups will be exempt.

Retail success at John Lewis means staff bonus for all

London - Far from the astronomical incentives accorded to a select few at Britain's banks, clothes-to-food retailer John Lewis Partnership is paying all its staff an annual bonus worth 15 percent of their salaries, earning praise for its co-operative structure....

Bank of England mulls clawback of bankers' bonuses

London - The Bank of England said Thursday it was consulting on recovering bonuses paid to bankers in the event of misconduct, with such a mechanism possibly in place as soon as 2015.The BoE said the move was aimed at maintaining financial stability after banks...

Barclays pays nearly 500 bankers more than 1 million pounds

Barclays <BARC.L> paid almost 500 staff more than 1 million pounds ($1.67 million) last year, prompting criticism that pay is still too high and that banks have not changed their w...

Programs to redistribute income good for growth: IMF

Washington - The International Monetary Fund came out Wednesday in support of the fight against income inequality, with Fund economists saying income redistribution efforts can strengthen economic growth.Plunging into a debate over the gap between rich and poor tha...

GM's Barra will earn much more than male predecessor

New York - The new General Motors boss, Mary Barra, will earn a total pay package of $14.4 million this year, 60 percent more than her male predecessor, the automaker said Monday.Feminist organizations were outraged late last week after US media reports said Barr...

Waitress fired for refusing to cover dine-and-dash bill

New York - It wasn't a good thing to have three men skip out on a bill, but it was even worse when waitress Suzanne Parratt was fired for refusing to pay that bill.

File-sharing website IsoHunt to pay Hollywood $110 million

Gary Fung of Vancouver built IsoHunt about 10 years ago, and since then it has become one of the top places to find links to torrent files online.

Naples teen in trouble for paying it forward

Naples - A teen in east Naples, Florida, thought he was doing a good deed for a few people, but he ended up getting into trouble, and going behind bars on Tuesday.

NY 'Real Housewives' receive pay increase from network

The cast members of "Real Housewives of New York" have signed a contract with Bravo, and they will receive modest pay increases as well as budgets for makeup and hair.

Obese fliers should pay more, according to economist

A Norwegian economist thinks that people who are overweight should pay more money for their flights than fliers who are skinny.

Harvey Weinstein wants sites to pay for linking

Harvey Weinstein, a proponent of Obama and an Oscar-winning producer, said that he has plans to push for legislation that would make websites pay for linking to news articles.

France passes bill to pay for abortions

On Friday, France's lower house voted to fully reimburse all abortions, as well as making contraception free for minors.

Company pay homeowners mortgages and turns homes into billboards

Brainiacs From Mars is a company that pays homeowners' mortgages but the catch is that they will paint the homes, turning them into giant billboards.

Sardinian coal miners barricade themselves over job security

Cagliari - Around 100 workers in the only Italian coal mine have barricaded themselves in, armed with explosives, seeking reassurance their jobs will continue.

Zambian miners kill Chinese supervisor over pay

Lusaka - Miners working at Collum coal mine in Zambia, yesterday killed a Chinese supervisor and seriously wounded another over a pay dispute.
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