As the Senate pulls the minimum wage hike out of the COVID-19 relief bill (a ruling that came down just after we taped), let’s talk about two very different pay stories. First, Costco says it will pay employees at least $16 an hour— how long before the market laps Congress? Then, former CEO Adam Neumann — remember him? — is still getting paid off of the mess at WeWork. It’s bananapants, folks. Plus: Dunkin’ is getting avocado toast, because apparently it’s 2015, and TikTok had deepfake Tom Cruise, because apparently it’s 2115.
Here’s everything we talked about today:
“WeWork’s Adam Neumann to Get Extra $50 Million Payout in SoftBank Settlement” from The Wall Street Journal
“The joy of vax: The people giving the shots are seeing hope, and it’s contagious” from The Washington Post