“We listened to our critics, thought hard about what we wanted to do, and decided we want to lead. We’re excited about this change and encourage our competitors and other large employers to join us.” So said Jeff Bezos as Amazon announces it will raise its minimum hourly wage to $15 for all US employees.

+ “Amazon will also lobby the federal government to raise the federal minimum wage, which has been stuck at $7.25 for more than a decade.” The move is part politics. But it in an increasingly competitive hiring environment, it’s also good for business.

+ From minimum wage to maximum: The NYT goes deep on Trump’s financial history: Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father. Plus, 11 Takeaways From The Times’s Investigation Into Trump’s Wealth.