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Wal-Mart Threatens To Pull Out Of D.C. Over Wage Requirements

Wal-Mart says it will not build three of the six stores planned for Washington, D.C., after the city council passed a bill that would require the retailer to pay a wage nearly 50 percent higher than the city's minimum wage. Those three stores would be located in mostly low-income areas, with high unemployment and few places to shop. A similar situation once played out in Chicago.