Amazon increases minimum wage for all U.S. workers to $15

Amazon is increasing its minimum wage to $15 an hour for part-time, full-time, temporary and seasonal workers in the U.S. starting November 1, the company announced on Tuesday. The raise will apply to Whole Foods.

The details: CEO Jeff Bezos said company "decided we want to lead" the effort and encouraged "our competitors and other large employers to join us." Amazon plans to lobby Congress for a higher federal minimum wage as well.