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We need to continue to demand a government committed to protecting Black and brown communities in this moment, and need to continue to push for bold, transformative change.
As workers at Marriott hotels across the country continue to strike over pay and working conditions, a new report by Demos reveals how Marriott International is holding down workers’ pay, cutting hours and promoting high fee loans through its affiliated financial institution.
JP Morgan Chase has now been hit with a total of $20 billion in fines and restitution for a variety of misdeeds over the past decade -- a record total by far for any business. Is the bank reeling in shame and pain? Has it gotten rid of the CEO who incurred all those penalties? Has its stock sunk to historic new lows?
No, no, and no.
The bank's stock price is actually higher now that it was before this avalanche of fines began -- indeed, the stock is near a five-year high.
When fast food workers went on strike recently in Washington State, they weren't just protesting low wages. They were also protesting the lack of enough work hours and reliable schedules.
Like low-wage employers everywhere, restaurant chains in Washington go to great lengths to limit their workers to under 30 hours a week. Once an employee goes over that threshold, they qualify for benefits that even low road employers feel they have must offer.