"05:50 Chicago orders 'Big Box' stores to raise wage - NY Times
The NY Times reports after months of fevered lobbying and bitter debate, the Chicago City Council passed a groundbreaking ordinance yesterday requiring "big box" stores, like Wal-Mart (WMT) and Home Depot (HD), to pay a minimum wage of $10 an hour by 2010, along with at least $3 an hour worth of benefits. The ordinance, imposing the requirement on stores that occupy more than 90,000 square feet and are part of companies grossing more than $1 bln annually, would be the first in the country to single out large retailers for wage rules."
nitro
The NY Times reports after months of fevered lobbying and bitter debate, the Chicago City Council passed a groundbreaking ordinance yesterday requiring "big box" stores, like Wal-Mart (WMT) and Home Depot (HD), to pay a minimum wage of $10 an hour by 2010, along with at least $3 an hour worth of benefits. The ordinance, imposing the requirement on stores that occupy more than 90,000 square feet and are part of companies grossing more than $1 bln annually, would be the first in the country to single out large retailers for wage rules."
nitro
