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Starting Monday, fast-food workers in California at chains with more than 60 national locations earn $20 an hour, higher than the state's broader minimum wage of $16 per hour. California pay is already highwatch nowWhile the new fast-food minimum wage is among the highest in the U.S., California employers are used to paying more for their labor. Even when it is not mandated, restaurants usually find themselves paying more than the minimum wage to attract hourly workers. As a full-service restaurant chain, the company won't be obligated to pay its California workers $20 an hour. Advocates prepare to go biggerFrom start to finish, the California law, which was backed by the Service Employees International Union, has been controversial.
Persons: David Paul Morris, Gavin Newsom, Matthew Haller, Daniel Zhao, Zhao, Lauren Crabbe, she's, Crabbe, Matthew Clark, Jennifer B, Perez, I'm, it's, Newsom, Greg Flynn, Flynn Organizations: McDonald's Corp, Bloomberg, Getty, International Franchise Association, CNBC, Bureau of Labor Statistics, Service Employees International Union, Gov, SEIU Locations: Oakland , California, U.S, California, , California, Fresno, San Francisco, Long Beach
When I first discovered the concept of "niksen," or the Dutch art of doing nothing, I was fascinated. I believe niksen is one of the reasons why the Dutch are consistently ranked as some of the happiest people in the world. Niksen might seem selfish or boring at first glance, but it's actually a service to you and your community. If you're doing nothing, own itWhen someone asks you what you're doing during your niksen time, simply respond, "Nothing." I'm simply niksening up against him.
Persons: it's, Tony Crabbe, Manfred Kets de Vries, Tracy Walker, Olga Mecking Locations: Poland, Germany, Netherlands
Hundreds of flights have landed in Black Rock City for Burning Man — tech bros' favorite party. AdvertisementAdvertisementOver 880 flights descended on Black Rock Desert's pop-up airport this week as the playa opened shop for Burning Man. Jettly CEO Justin Crabbe told Insider in 2019 that the roundtrip flight from New York to Black Rock City cost $55,000. A Burning Man spokesperson did not respond to a request for comment ahead of publication. According to Burner Express' website, other air carriers can fly into Black Rock City, but those who wish to must email and register with the company in advance.
Persons: Elon Musk, Meta's Mark Zuckerberg, Ray Dalio, doesn't, Justin Crabbe, Alex Sgarlata, Sgarlata, Kathleen Bangs Organizations: Black Rock City, Rock City, wasn't, Black, Tahoe, Rock City Airport, Burner, ATC, Oakland, SF, Man, Pilatus, Cessna, Maxar Technologies, REUTERS Locations: Black Rock, Nevada, San Francisco, playa, San Francisco and New York, New York, Southern California, Reno, Rock
Wheels Up avoided a possible bankruptcy when it secured backing from investors on Tuesday, including U.S. carrier Delta Air Lines (DAL.N). Two operators have closed down since May in the face of diminished traffic and higher labor costs could force some private-jet operators out of business. While private flying remains above 2019 levels, traffic has slowed since the pandemic, when wealthy passengers sought to avoid crowded commercial airports. The company, which provided third-party flying service to Wheels Up, faces a lawsuit from Wheels Up over a contract dispute. Jamie Walker, chairman of U.S. private jet operator Jet Linx, said he sees opportunity for both organic growth and acquisitions due to the softening marketplace.
Persons: Brian Foley, Foley, Jim Segrave, Uber, Dynamics's, Canada's, Travis Kuhn, Justin Crabbe, Andrew Collins, Jamie Walker, Linx, " Walker, Allison Lampert, Ben Klayman, Andy Sullivan Organizations: Delta Air Lines, Rivals, Gulfstream, Canada's Bombardier, U.S, Argus, North, Thomson Locations: U.S, New York, Miami, North Carolina, Montreal
Goldman Sachs had an option to buy a third Gulfstream when it bought two in 2019. Goldman Sachs has decided to scrap a plan to buy a third corporate jet for the company's use, a move that follows scrutiny of the CEO's plane use and a companywide plan to review expenses. The decision means that the company won't exercise an option it received in 2019, when it purchased two other Gulfstream jets: a G280 and a G650ER. Goldman also received an option to purchase a third jet, according to people briefed on the arrangement. Both of Goldman's planes feature simple paint jobs of thin blue and gray stripes running from nose to tail.
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