CVS will raise its minimum wage to $15 an hour

CVS upping its base pay to $15 an hour is a milestone because it employs 300,000 people and puts pressure on other small-store retailers (such as Walgreens-Boots) to follow suit. A scan of the top 10 retailers suggests that among big-box employers, only Home Depot and Lowes have failed to promise at least $15 an hour to workers, though Walmart's promise seems to have a big asterisk by it. — Read the rest