Wal-Mart CEO Promises to Eventually Raise Wages for Lowest-Paid Workers

As proponents of higher pay for Wal-Mart workers prepare for a day of protests against the retailer, its CEO is making the vague pledge that the company will eventually no longer have employees making only the national minimum wage. CEO Douglas McMillon was quick to point out to reporters on Wednesday that only about 6,000 of Wal-Mart's 1.3 million U.S. employees earn the federal minimum wage of $7.25 (we don't know if that number included those employees in cities and states with minimum wages that are higher than the federal minimum).