About a year ago, Gravity Payments CEO Dan Price turned the national debate over a $15 minimum wage inside out by announcing that he was raising the salaries of his 100 or so employees to at least $70,000. (USA TODAY)

Oil prices briefly rose above $50 a barrel on Thursday as declines in U.S. oil inventories raised hopes the oversupplied market was inching toward a better balance. (The Wall Street Journal)

Carmakers Toyota and Volkswagen have struck separate partnerships with rideshare companies Uber and Gett. (BBC)

The monthly luncheon experience is quickly becoming an internationally recognized and sought after event. (Black Enterprise)

We all have certain misgivings we have to live with. Some of them take us by total surprise—situations you felt so sure of in the moment wind up leaving you scratching your head and wondering what on earth went wrong. (The Muse)

A Brexit advocate says U.S. support for the EU fundamentally misreads what the institution has become. (The Atlantic)

The limited membership of the group gives it significant power to bring meaningful growth. (U.S. News & World Report)

Many African Americans aiming for a college degree find themselves just short of their goals due to finances, but there are angels who look for deserving students to help out. (Ebony)

Some 3 million young adults in the U.S. are poor, don't have a job and aren't in school, according to a new report. (U.S. News & World Report)

Kelley Direct, the online MBA program of Indiana University’s Kelley School of Business, is launching a unique, comprehensive professional development program in the fall, tailored to serve both those looking to advance at their current companies as well as an increasing number of those planning to change careers. The initiative, called Propel, combines individualized academic and career advising that will help students develop a career plan and prepare for life after graduation from the moment they begin the admissions process (IU Bloomington Newsroom)

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Amazon’s AWS cloud division has scored another win with an announcement that Salesforce will use it to expand services internationally. (USA TODAY)

Many merchants and retail workers are watching their lives play in slow motion when they process credit cards.(The New York Times)

One of Chicago's two remaining African-American-owned banks has been saved from failure with a $9 million equity infusion that will keep it under black ownership. (Crain's Chicago Business Journal)

With a broad new class of workers becoming eligible for overtime, many small businesses are scrambling to figure out how to factor the regulations into their bottom line. (The New York Times)

Lack of access to capital is a big challenge, but so is the lack of access to networks and advisors. (Fast Company)

Today, Detroit is home to over 61,000 small businesses, including about 50,000 minority-owned small businesses. It is the fourth largest city for minority entrepreneurship. (Black Enterprise)

New home sales improvement in April hit a 23-year high. But that doesn't guarantee success going forward. (U.S.News & World Report)

he number of Americans applying for unemployment checks fell last week, suggesting employers continue to expand modestly and the labor market in the world’s largest economy remains strong. (The Wall Street Journal)

But as fewer and fewer Americans are loading up the moving van in search of opportunity, that advantage may be slipping away. In recent years, economists have become increasingly worried that a slide in job turnover and relocation rates is undermining the economy’s dynamism, damping productivity and wages while making it more difficult for sidelined workers to find their way back into the labor force. (The New York Times)

To secure your retirement, make the proper moves at a few key moments. (Money)

Carlos Ghosn's revival of Nissan remains one of the industry’s extraordinary success stories. Ghosn even became the subject of a comic book series that reached 300,000 Japanese readers in monthly installments in 2001. Now he’s being called in to play superhero again, as part of Nissan’s agreement in May to pay $2.2 billion for a controlling stake in Mitsubishi Motors, which saw its shares plunge 40 percent after a scandal broke in April. (Bloomberg)

Indeed, most newly appointed leaders have limited familiarity with their teams at the outset and can’t immediately swap in new people to help grow or transform the business. (Harvard Business Review)

While gas prices are rising, travelers are still paying far less than they did in recent years (The Wall Street Journal)