Walmart CEO: America's minimum wage is 'too low'

Walmart CEO: America's minimum wage is 'too low'

Bentonville, Ark. (CNN Business) Walmart CEO Doug McMillon thinks the federal minimum wage is “too low.” Now the head of the country’s largest private employer is calling on Congress to raise it beyond $7.25 an hour. “The federal minimum wage is …
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GameStop's poor sales raise fears it's out of step with modern video gaming

GameStop Corp. shares tumbled as much as 40% Wednesday to a 16-year low after the company posted moribund sales and halted its dividend, signaling that the troubled retailer is out of step with accelerating trends in video games. The latest shortfall for …
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FCA, France reach tentative agreement on Renault merger: sources

PARIS/MILAN (Reuters) – Fiat Chrysler Automobiles NV has reached a tentative agreement with France on the terms of its proposed merger with Renault, two sources told Reuters, as the French carmaker’s board met to consider the bid late on Wednesday.
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Traders now see more than 70% chance of Fed rate cut in July

Unnerved investors are calling for the Federal Reserve to embark on its first rate cut since the 2007-09′ recession. AFP/Getty Images. Federal Reserve Chairman Jerome Powell stoked rate-cut expectations on Tuesday. Author photo. By …
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Privateers beer: UNO debuts official golden ale from Second Line Brewing

Privateer Ale is a golden ale and the University of New Orleans’ new officially licensed beer. (Photo via UNO). 0. By Wilborn P. Nobles III, NOLA.com | The Times-Picayune. The University of New Orleans has released its own official beer in collaboration with …
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