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Minimum wage increase bill draws cold response at hearing

March 23, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

Colin Bonini DOVER — A bill to raise the minimum wage by $2 in 50-cent annual increments met an unfavorable public response Wednesday in a hearing before the Senate Labor Committee

At the end of the discussion, Sen. Colin Bonini, R-Dover, motioned to table the bill, but lost the committee vote 3-2 among the committee.

The bill was moved out of committee and released to the Senate floor.The current minimum wage in Delaware is $8.25. The bill would hike it to $10.25 by 2020.The legislation calls for increasing the minimum wage by 50 cents per year beginning this year. After 2020, […]

Toyota reveals important clues about the future of driving

March 22, 2017 ·  · Topic: Economic Mobility  · Relevance: bad

toyota tril concept teaser

Toyota While most automakers are pumping out SUVs, Toyota is looking to go smaller.

The Japanese automaker unveiled its i-TRIL concept car at the Geneva Motor Show that ran March 9-19. The futuristic two-seater is meant to showcase a "viable alternative" to traditional segment cars for people who typically drive in urban environments, Toyota said at the time.

Toyota doesn’t have any current plans to produce a version of the i-TRIL, but the concept shows how it’s researching different transport options for city dwellers. Scroll down for a closer look: Toyota’s i-TRIL concept is a compact electric car that seats two. […]

Texas Has Big Potential To Get “Smart,” But Time Is of the Essence

March 22, 2017 ·  · Topic: Economic Mobility  · Relevance: bad


In addition to the cities themselves, research institutions, civic organizations and the private sector are vital components to incorporating best practices and an aligned approach. Cities across Texas have seen early success in these endeavors.

Shutterstock

The following is a guest blog post by Jennifer Sanders, executive director of the Dallas Innovation Alliance, which is hosting the Smart Texas Revolution conference April 20-21. Over the past year, discussion around smart cities — the incorporation of technology, Internet-of-Things sensors and data analytics as an enabler to improving city services and quality of life — has permeated organizations across the United […]

Catalyzing Economic Success for Every Citizen

March 22, 2017 ·  · Topic: Economic Mobility  · Relevance: bad


SPONSORED

The Brookings Institution Deputy Director, Alan Berube, delves into how city leaders can combat the fractious effect of inequality for long-term sustainable economic growth. Learn the 3 key areas you should focus on.

Realizing inclusive growth in our cities How a focus on inclusion can build stronger communities and drive long-term economic health The United States suffers from a large gap in income equity. In fact, the income of the top 10 percent is nearly nine times that of the bottom 90 percent. And while 95 of the 100 largest U.S. metropolitan areas grew economically […]

The Future of Work is Collective

March 22, 2017 ·  · Topic: Economic Mobility  · Relevance: bad


On a recent rainy Brooklyn morning, the New York City Council member Antonio Reynoso met with stakeholders for a strategic meeting on how to make worker cooperatives a larger part of the New York economy. The meeting room brimmed with enthusiasm as members of the NYC Network of Worker Cooperatives and Boris Santos of Reynoso’s office laid out the strategy for future cooperative development in New York City – the country’s first city to allocate a portion of its budget to cooperative development .

Cooperatives are collectively managed enterprises; an organizational model where proceeds from the business are distributed directly […]

Art Basel Report Suggests Growing Inequality Is Endangering the Art Market

March 22, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure


Installation view of Arario Gallery’s booth at Art Basel in Hong Kong, 2017. Courtesy of Art Basel.

Widening wealth inequality has been and likely will be blamed for a number of pernicious phenomena, such as rising populism, the election of a few unsavory characters, and decreased social mobility. Inequality can also have its potential upsides. It can encourage risk-taking, boost spending on luxury items, and spur innovation.

What does widening inequality mean for the art market? That’s a central focus of The Art Market | 2017 , a report by longtime arts economist and founder of Arts Economics Clare […]

Cadillac tests consumers’ openness to vehicles-as-a-service

March 21, 2017 ·  · Topic: Economic Mobility  · Relevance: bad

Self Driving Cars Forecast

This story was delivered to BI Intelligence IoT Briefing subscribers. To learn more and subscribe, please click here .

Self-driving technologies, coupled with the advent of ride-hailing services like Uber and Lyft, could lead to lower consumer vehicle ownership.

To explore consumers’ openness to alternatives to the traditional car-ownership model, Cadillac has launched a subscription plan for Cadillac vehicles, according to the Wall Street Journal . Dubbed “Book by Cadillac," the plan could impact both automakers and businesses in a number of industries.The $1,500-a-month service enables members to trade in and out of 10 Cadillac models up to 18 times […]

Tackling Charlotte’s Economic Mobility Challenge – One P.I.E.C.E. at a Time 3-21-17

March 21, 2017 ·  · Topic: Economic Mobility  · Relevance: bad


When I started working for the City of Charlotte in May 2016, I immediately became excited about the opportunity to connect my economic and talent development experiences by working in both areas simultaneously. The challenge before the City, then and now, is the struggle to translate rampant economic growth in so many of the City’s major job centers to economic development community-wide.

The results of a 2015 study showed Charlotte dead last, 50th out of 50 cities, in terms of economic mobility opportunities for its residents. The challenge was clear – how would we make sure the community knew that […]

Art & Global Health Centre Africa’s “umunthu connect” to offset service delivery inequalities-Bamusi

March 20, 2017 ·  · Topic: Economic Mobility  · Relevance: bad


Attendees of Umunthu workshops LILONGWE-(MaraviPost)- President Peter Mutharika’s special advisor on Civil Society and Non-Governmental Organizations (NGOs), Mabvuto Bamusi has underscored the need for the general public to adopt “Umuthu Connect” if the nation is to offset service delivery inequalities.

The call comes barely some months after Oxfam Malawi in 2016 uncovered extreme social-economic inequalities which have worsened poverty.

The Oxfam report titled, “A dangerous divide: The state of inequality in Malawi” noted with concerns on how unfair distribution of resources have worsened poverty levels in the country which requires deeper analyst with realistic policy measures in addressing the vice.The report […]

Dublin placed 19th in list of world’s ‘smart cities’

March 20, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

Congestion:   Dublin traffic moves at less than 5.5kph in peak  periods, data suggests. Photograph: David Sleator

Irish capital found to be slowest-moving of major cities compared in bank report

Congestion: Dublin traffic moves at less than 5.5kph in peak periods, data suggests. Photograph: David Sleator Dublin ranks 19th in an index of “smart cities” by Bank of America Merrill Lynch , which forecasts that the market for “smart” technology and infrastructure used in the world’s most advanced urban areas could expand to $1.6 trillion (€1.49 triliion) by 2020.

The market for disruptive technologies in industries from energy to security and mobility is $1 trillion in size today, the bank estimates.The investment bank lists more than […]