The company, which makes Twinkies, Ding Dongs and Ho Hos, is also providing its employees one-time payments of $1,250 -- with $750 in cash and $500 in the form of a 401(k) contribution.

The yogurt company will now provide six weeks of paid leave to its 2,000 employees.

Kraft Heinz is eliminating some benefits and will offer medical and prescription coverage through the individual marketplace for retirees age 65 and older.

Fast food workers are holding rallies in 230 cities Wednesday in their biggest protest yet for higher pay and union rights.

Starting July 1, McDonalds will pay at least $1 per hour more than the local minimum wage for the approximately 1,500 restaurants it owns in the U.S., the Wall Street Journal said.

Wal-Mart Stores Inc.s landmark decision to boost wages for half a million employees will increase pressure on rival retailers such as Target Corp. to follow suit as the labor market tightens and worker pay climbs nationwide.

Wal-Mart Stores Inc. improved its treatment of LGBT employees over the past year, nudging the retail giant closer to companies such as Apple Inc. and Goldman Sachs Group Inc.