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McDonald's Boosts Wages, Buffett Buys Kraft

We talk about McDonald's, Kraft, Heinz with Crain's Chicago Business reporter Peter Frost.

04/01/2015 | Rating NR

Chicago Tonight

McDonald's Boosts Wages, Buffett Buys Kraft

Clip: 4/1/2015 | 6m 23sVideo has Closed Captions

We talk about McDonald's, Kraft, Heinz with Crain's Chicago Business reporter Peter Frost.

Oak Brook-based McDonald's on Wednesday announced its plans to raise starting pay at 1,500 company-owned stores to $1 above the local minimum wage and offer paid time off after a year of work -- but some labor advocates say the company isn't doing enough. Northfield-based Kraft has been bought out by Warren Buffett and the Brazilian group 3G Capital, who plan to merge the company with Heinz.

04/01/2015 | Rating NR

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