Thursday, April 11, 2019

Amazon's Bezos challenges retail rivals to raise minimum wages

KFGO
Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday challenged rival retailers to increase their minimum wages to $16 an hour.

"Today I challenge our top retail competitors (you know who you are!) to match our employee benefits and our $15 minimum wage," the billionaire entrepreneur said in a letter to shareholders.

"Do it! Better yet, go to $16 and throw the gauntlet back at us." . . . more