Retail

Target hikes pay to $24 per hour for some employees

The Minneapolis-based retailer announced Monday that its starting wages will now range from $15 to $24 for team members across its stores, supply chain facilities and headquarters locations.

Estée Lauder fires executive John Demsey

Estée Lauder Cos. has fired John Demsey, a senior executive who last week posted a meme on his personal Instagram account that contained a racial slur and a joke about Covid-19.