Photo: Justin Sullivan/Getty Images

Labor activists with the Fight for $15 and a union movement are publishing a memo Monday obtained first by Axios that will push McDonald's to suspend its quarterly dividend. The group wants McDonald's to instead prioritize increasing sick pay for more workers at $15 an hour.

What it means: The group is seeking a dedication of $61.2 million to cover 10% of workers for additional sick leave for two weeks, putting the price tag at "just 6.6% of the expected quarterly dividend to be paid on June 15."

What they're saying: The memo takes aim at a silent video tweeted by McDonald's showing support for George Floyd and other black men and boys killed in recent years to call for the company to use a portion of its dividend to pay workers rather than shareholders.

  • "Rather than an empty PR social media posting, the company could demonstrate its purported stance by, for once, halting its dividend and redirecting that money towards helping its frontline workers weather a pandemic disproportionately impacting people of color."

The bottom line: Dozens of companies have suspended or cut their dividends this year, citing economic uncertainty brought on by the coronavirus pandemic.

  • McDonald's is one of a handful that has maintained it — for a 44th straight year — but could be facing renewed pressure from activists in addition to the pandemic and deteriorating economy.

Go deeper: The new labor movement

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Erica Pandey, author of @Work
Aug 18, 2020 - Economy & Business

Coronavirus brings a wave of early retirements

Photo illustration: Annelise Capossela/Axios. Photo by George Rinhart/Corbis via Getty Images.

The coronavirus is already triggering early retirements. That's bad news for the American economy, experts say.

Why it matters: "It’s a missed opportunity if people are being forced to retire early," London Business School's Scott says. "There's a big impact on their lifetime earnings and a big impact on lifetime expenditures. And that has macroeconomic consequences."

Hundreds gather to pay tribute to Justice Ruth Bader Ginsburg along Supreme Court steps

Photo: Alex Brandon/AP

At the Supreme Court steps Friday night hundreds of people gathered to pay tribute to Justice Ruth Bader Ginsburg — singing in a candlelight vigil, with some in tears.

Details: If there is a singular mood at the Supreme Court tonight, it’s some kind of a daze manifested by silence. 

A court fight for the ages

The flag flies at half-staff as people mourn on the Supreme Court steps last night. Photo: Tasos Katopodis/Getty Images

Ruth Bader Ginsburg — feminist icon, legal giant, toast of pop culture — left this statement with granddaughter Clara Spera as cancer closed in: "My most fervent wish is that I will not be replaced until a new president is installed."

The big picture: For all that the nation owes "Notorious RBG" — the hip-hop-inspired nickname she enjoyed and embraced — Republicans are planning to do their best to be sure her robe is quickly filled, despite that last wish, with her ideological polar opposite.