Fast-food workers hold placards in support to an increase of the fast food workers minimum wage in N.Y. on May 15, 2014.
Emmanuel Dunand/AFP/Getty

Business Latest: Who supports higher minimum wage?

 

WHO SUPPORTS A HIGHER MINIMUM WAGE? MILLIONAIRES: Twenty-one states are getting ready to raise the minimum wage on Jan. 1 — nearly three times the number of states that hiked wages in 2012. As Wal-Mart prepares to adjust its salaries as a result, a CNBC survey reveals an interesting sub-section of America to support the minimum wage hike: Millionaires. But is it because they really support paying low-wage workers at a higher rate, or simply because they don’t realize what the actual minimum wage is? Read more

FLORIDA MEDICAID: Texas and Florida are the two huge holdouts on Obamacare’s Medicaid expansion component, and the Sunshine State might be more apt to get with the program in 2015 than it has been in the past. Read more

IS ‘THE INTERVIEW’ A SUCCESS FOR SONY?: Sony’s geopolitically contentious “The Interview” may have netted $18 million in its opening weekend, but the film’s staggered distribution is still under-performing some expectations for its originally planned release. Read more

STOCKS CLOSE NARROWLY, MIXED; S&P, RUSSELL 2K AT RECORDS: Read more

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Business Latest: Who supports higher minimum wage?