*By Carlo Versano*
Rep. Ro Khanna (D-CA) wants some credit for Amazon's new company-wide policy to hike its minimum wage to $15.
The progressive congressman representing California's 17th district has [sponsored](https://cheddar.com/videos/rep-ro-khanna-to-amazon-pay-your-workers-a-living-wage) a House bill to complement Sen. Bernie Sanders' (I-VT) "Stop BEZOS Act." Khanna said Tuesday in an interview on Cheddar he thinks his legislation applied more pressure to Amazon ($AMZN), which was already under scrutiny for the working conditions of its factory employees.
"It's a major, major victory," Khanna said. "I think \[Bezos\] has really set the bar."
Amazon's wage hike will go into effect Nov. 1 for 350,000 full-time, part-time, and temporary employees. The company said it will also lobby Congress to increase the minimum wage at a federal level.
To Khanna, whose district includes Silicon Valley, the move by Amazon ー based in Seattle ー will cause shockwaves and likely inspire other large corporations to act. "It's going to eviscerate the argument that you can't be profitable and pay $15 wages," he said.
"If Amazon can do it, a lot of other companies can do it."
Khanna also spoke about the federal government's injunction against California for its new net neutrality law. He said the position taken by the FCC and Chairman Ajit Pai undermines the concept of federalism, which Republicans claim to value. But the reality may be quite different.
"There is no jurisdiction to take away from what the state is doing," he said.
Pai filed suit soon after California Gov. Jerry Brown signed legislation establishing net neutrality protections for Californians over the weekend. Pai argued that the internet by its very nature constitutes interstate commerce and thus should be regulated federally.
For full interview [click here](https://cheddar.com/videos/rep-ro-khanna-amazon-set-the-bar-by-raising-minimum-wage).
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
Europeans upset with Elon Musk still aren’t buying his electric cars, adding to a long losing streak for his company.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
Nvidia reported a 56% increase in second-quarter revenue and a 59% rise in net income compared to a year ago.
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Netflix CEO Ted Sarandos claims audiences don't want to watch Netflix movies in theaters, but that seems not to be the case recently.
Chipmaker Nvidia is poised to release a quarterly report that could provide a better sense of whether the stock market has been riding an overhyped artificial intelligence bubble or is being propelled by a technological boom that’s still gathering momentum.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Load More