Marketplace®

Daily business news and economic stories

PODCAST: Fast food workers on strike

Fast-food workers are extending their one-day strikes to 35 cities nationwide as they try to gain traction for higher wages. One of Europe's most famous businessmen has resigned after the suicide of his company's CFO. August was once a quiet time in the political realm, thanks to the annual Congressional recess, but now activists use the time to push their agenda — and Washington message-makers cash in.

You may have to wait longer for your Egg McMuffin or iced coffee this morning. Thousands of fast-food workers in about 35 cities are planning to strike, as their call for higher pay, which started in New York last fall, goes nationwide. Workers at McDonald’s, Popeye’s, Taco Bell and other fast-food chains are demanding $15 an hour — twice as much as many now earn.

Josef Ackermann, one of the most famous businessmen in Europe, has resigned as chairman of Zurich Insurance under highly unusual circumstances. The move was connected to the apparent suicide of the company’s chief financial officer, Pierre Wauthier.

Heat, sweat, and, now, activists are unavoidable facts of life for members of Congress in August. An army of interest groups has been pushing various causes this month.

Related Topics

Collections:

Latest Episodes

View All Shows
  • How We Survive
    35 minutes ago
    14:10
  • Million Bazillion
    3 hours ago
    31:13
  • Marketplace Morning Report
    5 hours ago
    7:05
  • Marketplace Tech
    10 hours ago
    6:10
  • Marketplace
    a day ago
    25:59
  • Make Me Smart
    a day ago
    19:16
  • This Is Uncomfortable
    2 months ago
    37:19
  • Financially Inclined
    2 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58