WalMart Wage Caps
The announcement comes less than two weeks after Chicago became the largest city in the nation to require big-box retailers to pay a "living wage," despite objections from Wal-Mart and other businesses. Chicago's City Council adopted an ordinance requiring major retailers to pay at least $10 an hour plus $3 in fringe benefits by mid-2010. Mayor Richard M. Daley could veto the measure but would need two aldermen to drop their support in order to avoid having his veto overridden.
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