Maverick Costco CEO Joins Push to Raise Minimum Wage
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The chief executive of Costco Wholesale, the nation's largest wholesale club, yesterday became the most prominent member of a new organization of business owners and executives pressing Congress to approve an increase in the federal minimum wage.
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Struggling doughnut chain operator  Krispy Kreme Doughnuts Inc. KKD.N said on Monday it will pay  its new chief executive, Stephen Cooper, the standard hourly  rate of $760 charged by his financial consulting group.
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Incoming House Speaker Nancy Pelosi wants to fast-track efforts to boost the federal minimum wage and could seek to bring a bill directly to the House floor in January.
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Does Costco overpay its employees and undervalue its shareholders?"/>                <link rel="alternate" type="application/rss+xml" title="RSS" href="http://audio/takingstock/rss2.aspx
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Fast-food waitress Fawn Townsend of Raleigh, N.C., knows exactly what she is going to do if her salary goes up with Tuesday's increase in the federal minimum wage: start saving for a car so she can find a second job to make ends meet.
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Union leaders and advocates for the poor are uniting behind an effort to raise the state's $6.75-an-hour minimum wage for the first time since 2001 and to tie future increases to the inflation rate, a move that would make Massachusetts only the fourth state in the nation to establish that link.
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A $1.3 billion small-business tax cut package aimed at winning the first minimum wage increase in more than a decade advanced in the U.S. House of Representatives on Monday.
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Does Costco overpay its employees and undervalue its shareholders?
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The incoming Democratic-led U.S. Congress intends to give a hand to dishwashers, fast-food cooks and America's other poorest-paid workers by raising the federal minimum wage for the first time in a decade.
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Business & money: Owner outlines his strategy to revive label in face of growing opposition to plans to cut up to 2,000 jobs
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House Republican leaders, giving in to political reality, plan a vote to raise the $5.15 minimum wage before leaving Washington this weekend for a five-week recess.
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The nation's lowest-paid workers will soon find extra money in their pockets as the minimum wage rises 70 cents to $5.85 an hour today, the first increase in a decade.
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Legislation to provide the first increase in the federal minimum wage in a decade won final U.S. congressional approval on Thursday, and headed to President George W. Bush to sign into law.
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TORONTO (CP) - The 400,000 people who work for minimum wage in Ontario should not be left solely at the mercy of governments to get a raise, said Labour Minister Chris Bentley.
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In Saturday radio address, VP candidate says measure curtails pay at a time workers need it. ATLANTA (CNN) - Calling to mind his days unloading tractor trailers during the summer, Sen. John Edwards blasted
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SAN FRANCISCO An assistant store manager at Costco filed a federal civil rights suit today in San Francisco. Shirley &quot;Rae&quot; Ellis alleges she was passed over for a promotion because the retail chain&#39;s policies discriminate against women.
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Democratic presidential candidate John Edwards said Monday that raising the minimum wage and providing incentives to businesses for locating in impoverished communities could help struggling areas like the Delta region of east Arkansas.