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Walmart May Back Min. Wage Boost

More money for customers.

Is the Walmart slogan now "Make Money"? The U.S.'s largest employer says it's considering backing a federally proposed increase in the minimum wage, raising it to $10.10 from $7.25. Walmart estimates that the increase would give additional income to millions of the store's customers. "Whenever there’s debates, it’s not like we look once and make a decision," a spokesman said. "We look a few times from other angles.” The company previously backed a minimum-wage hike in the mid-2000s.

Read it at Bloomberg

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