McDonald’s Workers in Chicago Protest Wages
Aug. 29 (Bloomberg) -- McDonald's Corp. employees in Chicago take to the streets today in an attempt to ratchet up pressure on the restaurant to raise wages. Fast-food workers in 50 U.S. cities planned to walk off the job today. The non-union workers are demanding the right to organize and wages of $15 an hour, more than double the federal minimum wage of $7.25. U.S. Representative Janice "Jan" Schakowsky, an Illinois Democrat, speaks at the rally. (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
02:30 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)