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Stock impact report

Fight for $15 minimum wage heats up after Biden's endorsement [CNN]

McDonald's Corp (MCD)  More Company Research Source: CNN
Last mcdonald's corp earnings: 4/30 06:58 am Check Earnings Report
US:NYSE Investor Relations: corporate.mcdonalds.com/mcd/investors.html
PDF "They gave me a 30 cents raise," she said. "That's how you feel about me after 20 years?" But Murray, a 64-year-old founding member of the United for Respect labor rights group, says she and fellow activists are fired up after President Joe Biden put pressure on Congress last week to lift the federal minimum wage to $15 an hour. "There should be a national minimum wage of $15 an hour," Biden said during his first address to a joint session of Congress on April 28. "Nobody working 40 hours a week should be living below the poverty line." The President also signed an executive order raising the minimum hourly rate for for federal contractors to $15 by 2022. "If Biden understands this is something that really needs to change for our economy, that says volumes to me," Murray said. Labor activists, energized by the President's $15 minimum wage endorsement are planning demonstrations across the United States to build more momentum for the policy proposal. Walmart under pressure [Read more]
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