Mixed reaction to the Walmart wage hike

In a move that could alter political debate and improve the image of the world's largest retailer, Walmart announced that it will raise the minimum wage of its employees to as much as $10 per hour by 2016. The decision has received mixed reaction.

Here's a sampling of the analysis of Walmart's big announcement.

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  CNBC reports that Wall Street gives Walmart a big thumbs down for the news. Read more here.


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  The Wall Street Journal says Walmart's action will have lasting repercussions for other retailers. Read more here.


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  The Washington Post reports that there is a profit motive behind Walmart's move. Read more here.


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  Politico writes that Walmart's decision doesn't really affect that many of its workers. Read more here.


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  Forbes says the motive behind Walmart's move could help determine minimum wage laws. Read more here.