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MS Morgan Stanley

120.47
0.62 (0.52%)
After Hours
Last Updated: 21:40:54
Delayed by 15 minutes
Share Name Share Symbol Market Type
Morgan Stanley NYSE:MS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.62 0.52% 120.47 121.81 118.82 118.82 7,023,067 21:40:54

Morgan Stanley's Gorman: U.S. Minimum Wage Needs to Be Raised -Bloomberg TV

22/01/2014 4:06pm

Dow Jones News


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Low wage earners across the globe are suffering and policymakers should act to increase minimum wage levels, including those in the U.S., Morgan Stanley Chief Executive James Gorman said Wednesday.

Mr. Gorman, in an interview with Bloomberg Television from Davos, Switzerland, said the minimum wage levels are "a problem.

"We're clearly creating societies where we have large groups of haves and have-not's," said Mr. Gorman. "We need to address it," he said without elaborating.

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