Melissa the mac attack in second day as hundreds of protesters target mcdonalds shareholder meeting. Workers and activists calling for 15 minimum wage and pay cut for ceo don thompson. Lets bring in our panel. Fox businesss Charlie Gasparino of course and wall street journal veronica daguerre and a and g capital hilary kramer. Thanks to all three of you for joining us. Hillary, what do you think about this. Mcdonalds is never going to raise the minimum wage and franchise owners, make 70, 80,000 a year. They make 100 a week. They pay the price if minimum wage went up to 15 an hour. Mcdonalds need more healthy and get more people in there and maybe they would have the money. Melissa are wages set at this level or local level . Arent 0 of the restaurants owned by franchisees, veronica . Franchisees bear the brunt of this and determine how many people get paid. This will propagate automation. Were seeing this in a lost mcdonalds, a lot of fastfoods in general. This will encourage them to d
Blockcap, a bitcoin mining and blockchain company, is moving its corporate headquarters from Las Vegas to Austin, with plans to continue to grow its operations, according to the company.
The company, which describes itself as one of the fastest-growing cryptocurrency mining operators in North America, was founded last year and combined assets from five existing bitcoin mining companies. Blockcap estimates it accounts for nearly 1% of all bitcoin network transactions.
What is Bitcoin?
Bitcoin is a cryptocurrency, which is a form of currency that exists only in digital or electronic form. Companies such as Blockcap mine bitcoins through a process that includes solving complex computational math problems. The companies often use equipment in bulk and scale operations to save on costs.
A startup that uses ultraviolet radiation to disinfect products from COVID-19 and other infectious diseases has relocated its headquarters to Austin as it expands its workforce.
Invzbl was founded in Charlotte, N.C., by tech entrepreneur Chuck Morrison in 2018, before the coronavirus pandemic hit.
“COVID had an immediate impact on our growth due to demand for our products, which forced us to accelerate finalizing our design and production as well independent testing in bacterial and viral labs,” said Chuck Morrison, CEO.
The company currently has five employees and plans to hire between 25 to 50 workers over the next 12 months. Invzbl is hiring in operations, sales, finance, human resources and customer support.