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Uber and Lyft threaten end to service in Twin Cities due to minimum wage mandate

Mark Mahaney, senior managing director at Evercore ISI, argued for raising Uber’s price target and explained his reasons for distancing himself from Snap on “Barney & Company.” Ride-sharing companies Uber and Lyft are threatening to pull out of Minnesota’s largest city in response to a law regulating minimum wage for drivers. The two competing companies […]

US dollar slumps on rising unemployment and weaker wage growth – ForexLive

The US dollar is at its lowest this week following the release of February non-farm payrolls numbers. The headline numbers were strong at +275K compared to +200K, but there were some soft details underneath. First, his two previous reports were revised downward by a total of 167,000 jobs, making total payrolls lower than expected. The […]

Mike Rowe details ‘unintended consequences’ from CA’s $20 minimum wage: ‘Bad look for the governor, Panera’

Television host Mike Rowe appears on “The Big Money Show” to talk about his “Work Ethic Scholarship Program” and continued efforts to provide alternative forms of education. “How America Works” host Mike Rowe addressed the Panera minimum wage controversy and criticized both California’s governor and franchisees for not preparing for “unintended consequences.” “The market is […]

Gavin Newsom says Panera not exempt from California minimum wage law

Panera Bread is not exempt from the state’s new minimum wage law, as California Gov. Gavin Newsom (D) claims the law benefits Newsom’s donors, who own multiple Panera restaurants. said. California’s minimum wage is $16 an hour. Starting April 1, under a new bill signed by Newsom last year, most fast food restaurants will have […]

Panera Bread exempt from California wage law after Newsom donation

California Governor Gavin Newsom will exempt Panera Bread Co. from a new $20-an-hour minimum wage increase after billionaires from several of the fast-food chain’s locations donated to his campaign, according to reports. signed into law. Newsom, a Democrat, signed a bill in September that increases the minimum wage for food-fast workers from $16 an hour […]

Virginia Democrats send Republican Gov. Youngkin bill to raise minimum wage

Democrats who control the Virginia General Assembly on Friday submitted a bill to Republican Gov. Glenn Youngkin that would raise the state’s minimum wage to $15 an hour in 2026. An identical bill that would raise the current $12 per hour minimum wage to $13.50 on January 1, 2025, and then $15 on January 1, […]