• Walmart reportedly has regained the top spot on the Fortune 500 list of the world’s biggest companies, supplanting Exxon Mobil Corp. Chevron remains in third place.
• The Chicago Sun Times reports that as the Chicago Plan Commission prepares to vote on a proposal that would allow Walmart to open a new store on the city’s South Side, Alderman Freddrenna Lyle has introduced an ordinance that would require all retailers with more than 50 employees and that benefit from city subsidies to pay a living wage of at least $11.03 an hour.
Just such an ordinance was vetoed by Mayor Richard Daley in 2006. Walmart has been struggling against some neighborhood and union interests in the city as it tries to open stores within the city limits; it only has one to this point.
• The Chicago Sun Times reports that as the Chicago Plan Commission prepares to vote on a proposal that would allow Walmart to open a new store on the city’s South Side, Alderman Freddrenna Lyle has introduced an ordinance that would require all retailers with more than 50 employees and that benefit from city subsidies to pay a living wage of at least $11.03 an hour.
Just such an ordinance was vetoed by Mayor Richard Daley in 2006. Walmart has been struggling against some neighborhood and union interests in the city as it tries to open stores within the city limits; it only has one to this point.
- KC's View:
