ORGANIZATION

Starbucks to boost pay for all U.S. employees

"For nearly 50 years, Starbucks has been a leader in providing relevant, industry-leading benefits and a total compensation approach that is best-in-class for both part and full-time employees," a Starbucks spokesperson said in a statement. "Continuing in that tradition, this announcement is the next phase of its commitment to ensuring the well-being of partners with one of the most significant investments to hourly pay in the U.S. in the history of the company."

COVID-19 double-edged sword for health care innovation

According to General Electric's 2020 Global Innovation Barometer, business leaders believe innovation is both crucial to addressing the world's challenges caused by COVID-19 and under threat due to the pandemic itself.