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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

☆ I was Lyft's former head of PR. I'm really not surprised by their earnings blunder.
▼ + stars: | 2024-02-15 | by ( Will Valentine | ) www.businessinsider.com time to read: +6 min

Forty-eight hours later, it seems Lyft's earnings mistake has reached meme level in business circles. My immediate thought was probably the same as most people when I heard the news: oof, that's a really, really bad mistake. In fact, in my Visa days, my wife and twin toddlers would decamp to grandma's house for two weeks because we knew I'd be fully consumed with the earnings process. While their intentions are almost always positive, it's essential to avoid team bloat in the earnings process. By prioritizing a meticulous approach to the process, companies can transform earnings season from a high-risk ordeal into a showcase of reliability and precision.

Persons: it's, that's, I've, I'd, who's, It's, Will Valentine, Valentine Organizations: Service, Business, Visa, Pandora, Valentine Advisors, Lyft

Here's the state of play globally for crypto regulation and enforcement in 2023 — and a look at what to expect in 2024. "However, much of their work has involved providing guidance to the industry through enforcement actions," continued Levin. Crypto market participants nevertheless hope that the spate of legal challenges brought to crypto companies in 2023 will bring clarity in the form of new regulations. The U.S.'s dominant role in global finance and its focus on consumer protection plays a crucial role in its leading position in crypto regulation enforcement. The region has been increasingly warming to crypto assets, despite a broader anti-crypto push from China, which banned bitcoin trading and mining in 2021.

Persons: Al Drago, Binance, Sam Bankman, Renato Mariotti, Mariotti, Richard Levin, Nelson Mullins Riley, Levin, ada, Changpeng Zhao, Damian Williams, Brian Armstrong, Armstrong, Alyse Killeen, Scarborough's Levin, FinCEN, Killeen, Diem, USDC, Braden Perry, it's, Kennyhertz Perry, Perry, Bafin Organizations: U.S . Securities, Exchange Commission, Bloomberg, Getty, Regulators, Securities and Exchange Commission, U.S, Alameda Research, U.S . Justice Department's Securities, Commodities, CNBC, Capitol, SEC, Futures Trading Commission, Department of Justice, Scarborough, CFTC, Protocol Labs, Southern, of, Stillmark, Meta, Visa, Mastercard, U.S ., European, IRS, European Union, EU, France's Financial Markets Authority, AMF, Treasury, Monetary Authority of, Three Arrows, Terra Labs, Terra, Hong Kong Securities, Futures Commission, SFC, OSL Locations: Washington, Europe, Asia, U.S, Alameda, of New York, European, Crypto, Ireland, Germany, France, Italy, Netherlands, Singapore, Dubai, Hong Kong, Monetary Authority of Singapore, China, East, Africa

☆ As a travel writer, I've taken many solo trips. I was surprised at how much I loved traveling with my baby.
▼ + stars: | 2023-12-26 | by ( Kate Wills | ) www.businessinsider.com time to read: +7 min

A chance to travel again felt exciting and overwhelmingAnd then in April 2021, we had some news. And traveling with a baby is very similar to traveling solo in that people are much kinder to you. Having a baby actually made exploring a new country easierWith Guy at work most days, Blake and I went exploring. Traveling with a baby is weirdly similar to solo travel in that every small victory feels huge. Excerpted from "A Trip of One's Own: Hope, Heartbreak, and Why Traveling Solo Could Change Your Life" (Sourcebooks, May 3, 2022).

Persons: Blake, I'd, Guy, whisking, Thelma, Louise, soiling, Jeanne Baret, Blake greedily, I'm Locations: Spain, Cadiz, Southern Spain, London, Mauritius, East Africa, Sourcebooks

☆ Here are the dozen brands that have paused ads on X amid ongoing crisis for Elon Musk’s platform
▼ + stars: | 2023-11-22 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —At least a dozen major brands have halted ad spending on X, formerly Twitter, since its latest advertiser exodus began last week over concerns about antisemitism and hate speech on Elon Musk’s social media platform. The ongoing exit of advertisers marks a deepening crisis for X, which was already struggling to woo brands back to the platform following Musk’s takeover last year. IBM’s decision also came after Musk had publicly endorsed an antisemitic conspiracy theory in a post on X earlier in the week. X also said it had made the pro-Nazi accounts identified by Media Matters ineligible for monetization, meaning ads can no longer be run on their pages. (Media Matters has vowed to fight the lawsuit from X and says it stands by its reporting.)

Persons: Axios, they’d, Musk, Apple, Linda Yaccarino, Richard Spencer, —, CNN’s Oliver Darcy, Liam Reilly, Brian Fung Organizations: New, New York CNN, Elon, Fox Sports, Ubisoft, TechCrunch, Paris, CNN, White, IBM, Media, Disney, Paramount, Comcast, Lionsgate, NBCUniversal, Warner Bros, Media Matters, University of Michigan, D.C, National Football League Locations: New York, Washington

Political Cartoons View All 1260 ImagesThe lawsuit is one of several brought by Harry in his personal mission to tame the tabloids. Another judge is currently weighing whether to award Harry damages against the publisher of the Daily Mirror for using skulduggery to dig up dirt on his life. Claimants spent 1.7 million ($2.1 million) pounds to prevail against the publisher's failed attempt to get the case dismissed, Sherborne said. The publisher is seeking up to 755,000 pounds ($945,000) in fees used to successfully block the use of the evidence from the Leveson inquiry. Other parties to the case are actor Sadie Frost, Elton John’s husband, David Furnish, anti-racism advocate Doreen Lawrence and former politician Simon Hughes.

Persons: Prince Harry’s, Duke, Sussex, Elton John, Elizabeth Hurley, Harry, snoop, Matthew Nicklin, ledgers, Leveson, Princess Diana, Meghan, decamp, It’s, Hugh Grant, David Sherborne, Nicklin, Duke of Sussex, Sherborne, Adrian Beltrami, “, I’m, ” Nicklin, Sadie Frost, Elton John’s, David, Doreen Lawrence, Simon Hughes Organizations: Daily Mail, Associated Newspapers Ltd, Daily, The Sun, Associated Newspapers Locations: London, Paris

☆ European listing exodus is just beginning: podcast
▼ + stars: | 2023-09-28 | by ( Aimee Donnellan | ) www.reuters.com time to read: 1 min

LONDON, Sept 28 (Reuters Breakingviews) - Building materials firm CRH and packaging giant Smurfit Kappa are among a growing list of companies seeking to decamp from Europe to US exchanges. In this Viewsroom podcast, Breakingviews columnists discuss what is prompting groups to leave and why the rot is unlikely to ease. Listen to the podcastFollow @aimeedonnellan on XSubscribe to Breakingviews’ podcasts, Viewsroom and The Exchange. Editing by Oliver TaslicOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Oliver Taslic Organizations: Reuters, Thomson Locations: decamp, Europe

Dajabón, Dominican Republic, and Les Cayes, Haiti (CNN) When Pauline Philippe found out she was pregnant with twins, she felt a flash of happiness. "I thought about everything that could happen," Phillippe told CNN. In 2017, he unveiled a four-pronged strategy focused not only on ending impunity, but also on prioritizing victims' rights and dignity. He appointed the UN's first Victims' Rights Advocate and created a "trust fund" to support victims. Hers is the "smallest, newest and poorest" department in the UN, Connors told CNN.

Persons: Dajabón, Les, Pauline Philippe, Preval, Aristide !, Prince, Philippe's, Phillippe, Philippe, General Kofi Annan, Antonio Guterres, Jane Connors, Jokencie Jean Baptiste, Les Cayes, we're, Rosemina Joseph, Yasna Uberoi, Paula Donovan, Beatrice Lindstrom, it's, Lindstrom, Connors, decamp, Antonio Guterres hasn't, Sienna Merope, Synge, gesturing, she's, I've, Caitlin Hu, Etant Dupain, Paula Newton, CNN's Eliza Anyangwe, Eliza Mackintosh Organizations: CNN, United Nations, UN, General, Central African, moto, UN's Office, UN's, Development, Trust Fund, Democratic, Harvard Law School, Institute for Justice, Democracy, Trust, New Locations: Dominican Republic, Les Cayes, Haiti, Port, Niger, Central African Republic, Dajabón, Cap, Haiti's, Haitian, Les, Senegalese, Port Salut, Uruguayan, Democratic Republic of Congo, Liberia, New York City, Prince, South Sudan, New York, UN, Africa

☆ Opinion: Be careful when you laugh at Burning Man
▼ + stars: | 2023-09-06 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +9 min

Many of us (myself included) raise an eyebrow at Burning Man. Burning Man would feel much less annoying if the festival just said, yeah, we’re a bunch of idiots who want to party in Mad Max costumes. The Burning Man organizers wrote in a statement: “Burning Man is a community of people who are prepared to support one another. One hopes that events like the flooding at Burning Man will be galvanizing, both for those who experienced it and those who watched in horror from afar. It’s easy to sniff at Burning Man, which seems at once so self-important and so very insubstantial.

Persons: Jill Filipovic, ” Jill Filipovic, Max, Jerry Allen, “, ” Organizations: Twitter, CNN, Labor, San Francisco, Survivor, Facebook Locations: New York, Nevada, California, Utah, Pershing County , Nevada, Reno, playa, ”

☆ Russian leadership suffers 'friction and confusion' since mutiny, US general says
▼ + stars: | 2023-07-13 | by ( Idrees Ali | Thomson Reuters | National Security Correspondent Focusing On The Pentagon In Washington D.C. Reports On U.S. Military Activity | ) www.reuters.com time to read: +2 min

"At the strategic level it is pretty clear that you have a significant amount of friction and confusion," General Mark Milley, the chairman of the Joint Chiefs of Staff, told a small group of reporters traveling with him in Asia. Milley said that lower-level Russian troops in Ukraine were likely more focused on the situation on the ground and surviving day to day. Since the mutiny, which posed the biggest domestic challenge to the Russian state in decades, President Vladimir Putin has so far kept Defense Minister Sergei Shoigu and Chief of the General Staff Valery Gerasimov in their jobs. In the latest surprise, the Kremlin said this week that Putin met Prigozhin and his commanders just five days after the mutiny. Lukashenko first announced Prigozhin was in Belarus, then said last week that he was back in Russia.

Persons: Wagner, Stringer, group's, Yevgeny Prigozhin, Alexander Lukashenko, Prigozhin, Mark Milley, Milley, Vladimir Putin, Sergei Shoigu, Staff Valery Gerasimov, Putin, Lukashenko, Idrees Ali, Peter Graff Organizations: Southern Military District, REUTERS, U.S, Joint Chiefs of Staff, Staff, Thomson Locations: Rostov, Don, Russia, Ukraine, United States, Moscow, Asia, Russian, decamp, Belarus

☆ Brazil’s Jair Bolsonaro is barred from running for office until 2030
▼ + stars: | 2023-07-01 | by ( ) www.cnbc.com time to read: +6 min

Former Brazilian President Jair Bolsonaro leaves his home following a search operation, in Brasilia, Brazil May 3, 2023. Far-right former Brazilian President Jair Bolsonaro was barred Friday from running for office again until 2030 after a panel of judges concluded that he abused his power and cast unfounded doubts on the country's electronic voting system. Five judges on the nation's highest electoral court agreed that Bolsonaro used government communication channels to promote his campaign and sowed distrust about the vote. Speaking to reporters in Minas Gerais, Bolsonaro lamented that the trial was unfair and politically motivated. Brazilian law forbids candidates with criminal sentences from running for office.

Persons: Jair Bolsonaro, Bolsonaro, Carlos Melo, Judge Carmen Lucia —, —, Alexandre de Moraes, Melo, Fernando Collor de Mello, Luiz Inácio Lula da Silva, Sen, Sergio Moro, Maria Maris, Maris, Lula, Swift jailing, Gleisi Hoffmann, mongers, Donald Trump, Marie Santini, Katia Caminha, Caminha, Bolsonaro's, Thomas Traumann, didn't, Traumann Organizations: Insper University, Liberal Party, Federal, Lula's Workers ' Party, Federal University of Rio, Bolsonaro, Associated Press, Sao Paulo Locations: Brasilia, Brazil, Sao Paulo, Minas Gerais, Rio de Janeiro, Federal University of Rio de Janeiro, Rio de, Copacabana, Sao, decamp, Florida

The moves add to a trio of Barclays U.S. investment bankers that UBS announced it hired last month. Many Credit Suisse bankers are based in the United States. These bankers follow Barclays ex-colleagues Marco Valla, Jeff Hinton and Kurt Anthony, whose moves to UBS were announced in April. Sources told Reuters last month that UBS plans to retain only a small number of Credit Suisse senior bankers with strong client relationships. At Barclays, Braham was global chair of investment banking for technology, while Hardegree served as vice chair and head of technology M&A.

Persons: Laurence Braham, Richard Hardegree, Richard Casavechia, Ozzie Ramos, Jason Williams, Neil Meyer, Ken Tittle, Marco Valla, Jeff Hinton, Kurt Anthony, dealmaker Michael Klein, Braham, Hardegree, Casavechia, Ramos, Meyer, Tittle, Milana Vinn, Anirban Sen, Greg Roumeliotis, Lisa Shumaker Organizations: YORK, Barclays Plc, UBS Group AG, Barclays U.S, UBS, Credit, Group, Credit Suisse, Barclays, Reuters, Broadcom, VMware Inc, Thomson Locations: United States, Swiss, Zurich, New York

Kidde-Fenwal filed for Chapter 11 protection in Delaware bankruptcy court. Kidde-Fenwal sold AFFF foam products from 2007 to 2013, according to court documents. Kidde-Fenwal does not make AFFF products, but it previously sold AFFF products through a subsidiary called National Foam. 3M, a central defendant in the AFFF lawsuits, has said it would stop producing PFAS by 2025. The case is In re Kidde-Fenwal Inc, U.S. Bankruptcy Court for the District of Delaware, No.

NEW YORK, May 15 (Reuters) - At least seven top Barclays Plc (BARC.L) bankers have resigned to join to UBS Group AG (UBSG.S) in the United States in the last few days, people familiar with the matter said. The moves add to a trio of Barclays investment bankers that UBS announced internally it hired last month. Many Credit Suisse bankers are based in the United States. UBS has hired Laurence Braham, Richard Hardegree, Richard Casavechia, Ozzie Ramos, Jason Williams, Neil Meyer and Ken Tittle from Barclays, the sources said. These bankers follow Barclays ex-colleagues Marco Valla, Jeff Hinton and Kurt Anthony, whose moves to UBS were announced in April.

The moves add to a trio of Barclays U.S. investment bankers that UBS announced it hired last month. Many Credit Suisse bankers are based in the United States. Sources told Reuters last month that UBS plans to retain only a small number of Credit Suisse senior bankers with strong client relationships. At Barclays, Braham was global chair of investment banking for technology, while Hardegree served as vice chair and head of technology M&A. Williams, Meyer and Tittle were managing directors in the investment banking group.

OTTAWA, May 13 (Reuters) - Canada's main oil-producing province of Alberta faces another hot and dry weekend, with warnings of more intense wildfires after blazes forced thousands to evacuate homes and temporarily shuttered energy production. Residents forced to evacuate early this month say they are frustrated with the indefinite displacement. "We are expecting hot and dry conditions in most of the province, which will make the wildfire danger climb," Alberta Wildfire official Josee St-Onge told a briefing on Friday. Recent cooling and rain helped firefighters tackle some blazes and restored most of the energy production, but expectations of rising weekend temperatures have fanned worries. On Friday, the town of Drayton Valley told residents in a Facebook post that they should expect to be out of their homes "at least another week."

☆ Tucker Carlson's texts from the Dominion lawsuit reveal the real Fox News
▼ + stars: | 2023-04-24 | by ( Brent D. Griffiths | Rebecca Zisser | ) www.businessinsider.com time to read: +7 min

Private texts reveal incredible detail about Fox News' inner workings. Among the messages is a thread where Tucker Carlson privately bashes Trump. Top Fox News hosts, including Tucker Carlson, privately insulted Chris Wallace and hatched a plot for a rebellion — November, 16, 2020. In a group chat between the three biggest hosts, Carlson, Hannity, and Ingraham, few colleagues, including then-"Fox News Sunday" host Chris Wallace, were spared. In a group chat between the three biggest hosts, Carlson, Hannity, and Ingraham, few colleagues such as then-"Fox News Sunday" host Chris Wallace were spared.

☆ Work-From-Home Era Ends for Millions of Americans
▼ + stars: | 2023-03-25 | by ( Gwynn Guilford | ) www.wsj.com time to read: 1 min

Several big companies have said they want their workers to report in person—and more often. Working remotely is becoming increasingly rare a few years after the pandemic caused millions of Americans to decamp from worksites to their basements and bedrooms. Some 72.5% of business establishments said their employees teleworked rarely or not at all last year, according to a Labor Department report released this week. The survey showed about 21 million more workers on-site full time in 2022, compared with the prior year. An establishment is defined as each business location—such as an individual restaurant in a chain.

☆ A well-known pizza shop in New York is scrapping its $1 slice as inflation pushes up the price of cheese
▼ + stars: | 2023-03-22 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

A famous New York Pizza shop is upping the price of its $1 pizza slices by 50% due to inflation. 2 Bros Pizza said the increasing price of cheese is making up over 40% of the company's food costs. 2 Bros Pizza, a New York restaurant chain, is increasing the price of its pizza slices at its East Village location – an area in lower Manhattan, local news site EV Grieve first reported. Alongside $1 pizza slices, dollar store chains like Dollar Tree and grocery store chains like Trader Joe's are making products pricier by the year. 2 Bros Pizza did not immediately respond to Insider's request for comment about the price increase.

☆ Texts from the Dominion lawsuit reveal the real Fox News
▼ + stars: | 2023-03-22 | by ( Brent D. Griffiths | Rebecca Zisser | ) www.businessinsider.com time to read: +8 min

Among the messages is a thread where Tucker Carlson privately bashes Trump. Dominion captured a number of texts that show Fox employees' apprehension about the growing conspiracy claims about the company's voting machines in the wake of the election. Top Fox News hosts, including Tucker Carlson, privately insulted Chris Wallace and hatched a plot for a rebellion — November, 16, 2020. In a group chat between the three biggest hosts, Carlson, Hannity, and Ingraham, few colleagues, including then-"Fox News Sunday" host Chris Wallace, were spared. In a group chat between the three biggest hosts, Carlson, Hannity, and Ingraham, few colleagues such as then-"Fox News Sunday" host Chris Wallace were spared.

☆ CVS pays exorbitant $10 bln price to diversify
▼ + stars: | 2023-02-08 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

NEW YORK, Feb 8 (Reuters Breakingviews) - CVS Health (CVS.N) keeps marching ahead with its plan to create an American healthcare colossus. Its latest acquisition involves paying $10.6 billion, including debt, to buy Oak Street Health (OSH.N). CVS is buying home-healthcare assessment provider Signify Health (SGFY.N) for $8 billion, and now Oak Street, to beef up its capabilities. CVS is valuing each Oak Street healthcare provider at more than $17 million, and each patient at about $67,000. In September, CVS agreed to buy Signify Health, a home healthcare provider mostly for Medicare patients, for $8 billion.

☆ Inside the New York Times' heated union fight, where a potential strike looms and the biggest sticking point is pay
▼ + stars: | 2022-09-28 | by ( Steven Perlberg | ) www.businessinsider.com time to read: +8 min

Will reporters at The New York Times really go on strike? The idea, unthinkable just a few months ago, is now on the lips of New York Times Guild members as the union's contract negotiations with management heat up. New York Times reporters have walked off the job before, like as part of a 1962-1963 citywide newspaper strike. But Robles said union members are upset that the Times' strong business footing has not translated into better pay. (The Times spokesperson countered that the paper was not seeing record profits).

☆ The possibility of a strike looms at The New York Times as its union battles management over wage hikes
▼ + stars: | 2022-09-27 | by ( Steven Perlberg | ) www.businessinsider.com time to read: +8 min

Will reporters at The New York Times really go on strike? The idea, unthinkable just a few months ago, is now on the lips of New York Times Guild members as the union's contract negotiations with management heat up. New York Times reporters have walked off the job before, like as part of a 1962-1963 citywide newspaper strike. The union at Wirecutter, the reviews site owned by the New York Times, walked off the job during the Black Friday shopping period last year, for instance. But Robles said union members are upset that the Times' strong business footing has not translated into better pay.

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