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February 20, 2015 11:54 PM McDonald's pressured to hike pay as Wal-Mart raises, economy improves

(Reuters) - McDonald's Corp and its franchisees may have few options but to begin raising hourly wages as an improving U.S. economy creates competition for good workers and as mega-employer Wal-Mart Stores Inc sets a higher bar on pay, according to labor experts. The pressure comes at a particularly difficult time for the world's biggest fast-food chain 9

February 20, 2015 10:16 PM The Real Reasons for Walmart’s Wage Hike

Walmart is famously the world’s largest employer among publicly traded corporations, but there’s another statistic about the company that makes its influence on the lives of working people especially clear: in the U.S., about one in a hundred employed people work there. Many of them—hundreds of thousands of people—earn the federal minimum wage of seven 19

February 20, 2015 6:51 PM Obama blasts 'bamboozlin' Republicans at DNC meeting

President Obama on Friday bashed the GOP for "bamboozlin' folks" by trying to cut taxes for the rich and blocking minimum wage hikes for the poor. Obama segued from a three-day White House summit on terrorism to the less complicated matter of preaching to a political choir at the winter meeting of the Democratic National Committee. Whereas he'd been solemn 9

February 20, 2015 5:32 PM Dayton’s budget will build an even better state

Although much larger in scope, preparing a state budget is similar to preparing a family budget. Just like families, government sets priorities for spending for long-term success. You can see the similarity by looking at Gov. Mark Dayton’s proposed two-year state budget. And as families do when they set their budgets, the governor has a plan for how to pay for these 11

February 20, 2015 2:59 PM 10 Romantic Getaways You've Never Done Before | SmarterTravel

Feel like you and your sweetheart have done everything there is to do? This Valentine's Day, think outside of the (chocolate) box and embark on one of these unique--and unusually romantic--getaways, from the stark orange desert of Oman to the snowy tundra of Greenland. Where to Stay: Six Senses Zighy Bay. This extremely posh desert resort comes complete 17

February 20, 2015 5:56 AM World's best rail network? How to get on track in Germany

(CNN)Germans are known to gripe about many things: taxes, politics, Oktoberfest. While we're sometimes justified in moaning about pay packet deductions, drab elections and the annual invasion of beer monsters, trains are a different matter. German Rail, or Deutsche Bahn (DB), has a reputation for delays, technical failures and strikes. When things go right 17

February 20, 2015 1:54 AM Wal-Mart wage hike seen pressuring Target, fast-food

(Reuters) - Wal-Mart Stores Inc's wage hike will likely trigger a rethink on pay across the retail and fast-food sectors, with Target Corp one of the low-wage employers facing pressure to follow suit and pay workers more. Wal-Mart announced on Thursday it would lift its minimum U.S. wage to $9 an hour this year and $10 in 2016, raising the ante in a tightening 11

February 19, 2015 9:42 PM Mart Raises Will Still Leave Many Unable to Pay Expenses

For roughly 500,000 Wal-Mart workers set to receive pay raises, something is better than nothing. But it's still not much. It still won't be enough for many of them to afford housing and transportation and feed and raise children without government aid, according to economists and researchers. The nation's largest private employer — with 1.3 million 18

February 19, 2015 9:40 PM Mart raises will still leave many unable to pay expenses

WASHINGTON (AP) — For roughly 500,000 Wal-Mart workers set to receive pay raises, something is better than nothing. But it's still not much. It still won't be enough for many of them to afford housing and transportation and feed and raise children without government aid, according to economists and researchers. The nation's largest private employer — with 1.3 million 18

February 19, 2015 6:28 PM Wal-Mart to spend $1 billion to raise U.S. wages this year

(Reuters) - Wal-Mart Stores Inc, long criticized for its low wages and employee benefits, said it would spend more than $1 billion to increase pay for half a million U.S. employees this year. The increase announced by the largest private sector employer in the United States will cover about 40 percent of its U.S. workforce, but falls far short of what some labor 9