BENTONVILLE, Ark. — Walmart is increasing its minimum wage to $12 an hour and will give raises to more than 565,000 of its workers in the United States. Raises of $1 an hour or more will take effect September 25 and target associates who work at registers, in the food and household goods aisles and
WOONSOCKET, R.I. — CVS Health posted second-quarter sales and earnings that easily topped analysts’ projections. Strong retail sales helped lift the company’s adjusted profit to $2.42 a share, well ahead of Wall Street’s prediction of $2.07 a share. Revenue climbed 11.1% to $72.62 billion, beating the forecast of $70.24 billion. The company boosted its fiscal
MINNEAPOLIS — Target Corp. said Thursday that it is boosting its minimum hourly wage from $12 to $13, beginning in June. Target has promised pay all its workers at least $15 an hour by the end of 2020. The company made that vow in 2017, when it raised its minimum hourly wage to $11. Last
MINNEAPOLIS — Target Corp. has begun raising its minimum wage to $10 an hour, according to sources cited by Reuters. The discounter’s management has communicated the $1-per-hour raise to store managers, who have started telling employees about the increase. Most employees who earn less than $10 per hour should see their base pay rise next