Economic inequality

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Microsoft pledges $500 million for affordable housing in Seattle area

Microsoft’s money represents the most ambitious effort by a tech company to directly address the inequality that has spread in areas where the industry is concentrated. It will fund construction for homes affordable not only to the company’s own non-tech workers, but also for teachers, firefighters, and other middle- and low-income residents.

Outside an Amazon warehouse

Amazon agrees to $15 an hour for warehouse workers

Amazon will begin paying hundreds of thousands of warehouse workers a minimum wage of $15 per hour, the company said Tuesday, following criticism from lawmakers that some employees at one of the country’s wealthiest companies are dependent on public assistance.

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