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☆ For Disney, Small Shareholders Loom Large in Boardroom Fight
▼ + stars: | 2024-03-30 | by ( Brooks Barnes | Lauren Hirsch | ) www.nytimes.com time to read: +1 min

Gavin Doyle used allowance money in 2009, when he was 11, to buy a few shares of Disney stock. He now owns a little over 400 shares — barely enough to be a speck of dust in the Disney investor galaxy. “I guess every vote matters,” said Mr. Doyle, 26, who runs MickeyVisit, a blog unaffiliated with Disney that focuses on theme park vacation planning. Powerful institutional investors like mutual funds and index funds typically run the show. But Disney finds itself in an atypical situation as it scrambles to thwart Nelson Peltz, an activist investor who is seeking two board seats, including one for himself.

Persons: Gavin Doyle, ”, Doyle, Nelson Peltz Organizations: Disney

☆ Leader of Northern Ireland’s main pro-union party resigns after police charges
▼ + stars: | 2024-03-29 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +3 min

CNN —The leader of the Democratic Unionist Party (DUP), Northern Ireland’s main pro-union party, is stepping down after he was charged with “allegations of an historical nature,” the DUP announced on Friday. “Detectives from the Police Service of Northern Ireland arrested and charged a 61-year-old man for non-recent sexual offences,” the Police Service of Northern Ireland (PSNI) statement said. Northern Ireland’s First Minister Michelle O’Neill said Friday her “priority” was to “continue to provide the leadership the public expect and deserve” following Donaldson’s resignation. Under his leadership, the DUP refused to participate in Northern Ireland’s power-sharing government in protest over post-Brexit trading rules. The DUP announced on Friday it had unanimously appointed Gavin Robinson as interim party leader.

Persons: Jeffrey Donaldson, Mr Donaldson, “, Donaldson, Michelle O’Neill, ”, O’Neill, Sinn Fein, Emma Little, ” Donaldson, Gavin Robinson Organizations: CNN, Democratic Unionist Party, DUP, Northern Ireland’s, Party, Party Officers, Police Service of Northern Ireland, Police Service of Northern, Facebook, Northern Irish, United, Ulster Unionist Party Locations: Northern, Police Service of Northern Ireland, Newry, Ireland, Northern Ireland

☆ Defense asks hush-money judge to let Trump continue verbally attacking the judge's daughter
▼ + stars: | 2024-03-29 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Trump and Manhattan prosecutors are arguing over the scope of this week's hush-money gag order. AdvertisementLawyers for Donald Trump made an extraordinary request in his hush-money case on Friday: they want state Supreme Court Justice Juan Merchan to affirm that Tuesday's gag order lets Trump continue verbally attacking the judge's progressive daughter. Their motion, if allowed, would ask the judge to "direct that defendant immediately desist from attacks on family members." The next step in this battle over Trump's hush-money gag order is now in Merchan's court, so to speak. Alternately, he could expand or clarify the gag order to protect family members, and deny further motions on the topic.

Persons: Trump, —, Donald Trump, Juan Merchan, Merchan, Loren Merchan, Joshua Steinglass, Steinglass, Susan Necheles, Todd Blanche, Attorney Alvin Bragg, Bragg, Trump's, Biden, Harris, Hakeem Jeffries, Gavin Newsom, — he'll Organizations: Trump, Prosecutors, Service, Social, Democratic, Attorney, California Gov Locations: Manhattan, Chicago

☆ Flaco the Owl's Death Shows Risk of Rat Poison to Wildlife in Cities
▼ + stars: | 2024-03-28 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Because the rat poison does not kill the animal for several days, there's time for an owl to prey on it and also injest the poison. Murray told Tufts Now that the numbers of raptors with rat poison seen by the clinic had steadily increased. Raccoons, foxes, skunks, coyotes, and house pets can also be exposed to rat poison, according to the California Department of Fish and Wildlife. While some cities are amping up the use of rat poison, others are addressing the threat posed to wildlife. The use of rat poison has been restricted in California for years, though the rodenticides continued to show up in animals that were not being targeted.

Persons: —, Flaco, Flaco's, Maureen Murray, Murray, Gavin Newsom, Tiffany Yap Organizations: Service, Central, Zoo, Yorker, Police, Business, Veterinary Medical Science, Tufts Wildlife Clinic, Tufts, California Department of Pesticide, California Department of Fish, Gov, pumas, Center for Biological Diversity Locations: Manhattan, New York, Chicago, Boston, Massachusetts, California, California Department of Fish and

☆ Trump is using a loophole in his new gag order to rage against his hush-money judge's progressive daughter
▼ + stars: | 2024-03-27 | by ( Laura Italiano | Madison Hall | ) www.businessinsider.com time to read: +4 min

Trump wasted little time exploiting that loophole Wednesday when he used his Truth Social account to take aim at both state Supreme Court Justice Juan Merchan and the judge's progressive daughter, Loren Merchan. AdvertisementOn Tuesday morning, Trump "truthed" that the judge is a "certified Trump Hater" whose daughter is a "senior executive at a Super Liberal Democrat firm." AdvertisementBREAKING: Judge Merchan’s daughter, Loren Merchan, just BLOCKED ME on X and locked her account after I exposed her profile picture that has President Trump behind bars. The hush-money gag order also bars Trump from making statements about "the District Attorney's staff" or relatives of those staff members. A spokeswoman for Bragg declined to comment on Trump's attacks on the judge and his daughter.

Persons: —, Donald Trump, Trump, Juan Merchan, Loren Merchan, Joe Biden, Kamala Harris, Adam, Shifty, Schiff, Biden, Harris, Hakeem Jeffries, Gavin Newsom, Laura Loomer, Loren Merchan's X, Merchan’s, Trump’s, Loren, soPrzWFRs8, qn8fy6cAVb, Alvin Bragg, Bragg's, Bragg Organizations: Service, Business, Democratic, Trump, Radical, California Gov, Super Liberal Democrat, Attorney's Locations: New York, Chicago

SACRAMENTO, Calif. (AP) — California’s former Controller Betty Yee announced Wednesday she will run for governor in 2026, vying to succeed outgoing Gov. Eleni Kounalakis, Superintendent of Public Instruction Tony Thurmond, who is Black, and outgoing state Senate leader Toni Atkins, a lesbian lawmaker, have all announced their candidacies. Photos You Should See View All 60 ImagesYee served as the budget director for Democratic Gov. She was then elected as a member of the California State Board of Equalization and then as state controller. California controller is responsible for disbursing state funds, auditing government agencies and serving on more than 70 boards and commissions.

Persons: —, Betty Yee, Gavin Newsom, Yee, ” Yee, Newsom, Gov, Eleni Kounalakis, Tony Thurmond, Toni Atkins, Rob Bonta, Gray Davis Organizations: Democratic, California Democratic Party, Democratic Gov, California State, of Equalization Locations: SACRAMENTO, Calif, San Francisco, Sacramento, California

☆ Governors DeSantis and Newsom agree on something: They don't want the homeless sleeping in public
▼ + stars: | 2024-03-24 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Ron DeSantis signed a law criminalizing sleeping on public property in Florida. It's a rare moment of unity for the two who sit on opposite sides of the political spectrum. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's a rare moment of agreement for two state governors who couldn't be more different.

Persons: Ron DeSantis, Gavin Newsom, —, couldn't Organizations: Gov, Democratic, Service, Business Locations: Florida, California, It's

☆ Activist Oasis may turn to a preferred playbook to help build value at Greencore
▼ + stars: | 2024-03-23 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Greencore Group is an Ireland-based manufacturer of convenience foods. Premier Foods has generated a total return of nearly 300%, while Greencore is down 41.5% in that time. It is hard to believe there is another investor more qualified to create shareholder value at Greencore than Oasis. In addition, at The Restaurant Group and Premier, Oasis pushed for the sale of non-core assets, which is consistent with streamlining operations and creating shareholder value. One Greencore director who Oasis knows well is Alastair Murray, the former CFO and once-interim CEO of Premier Foods.

Persons: Seth Fischer, Greencore, Daniel Wosner, Oasis, Gavin Darby, Darby, Wosner, Wosner's reappointment, Dalton Philips, Catherine Gubbins, Alastair Murray, Murray, Ken Squire Organizations: Greencore, Convenience Foods, Ireland, Oasis Management, Oasis, Premier Foods, Apollo, Premier, Group, 13D Locations: Ireland, United Kingdom, Hong Kong, Tokyo, Austin, Cayman Islands, Asia, Europe

☆ Here are the stocks Wall Street believes will push the Dow over 40,000
▼ + stars: | 2024-03-22 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

.DJI YTD mountain The Dow Jones Industrial Average is nearing the 40,000 level. Against this backdrop, CNBC Pro set out to find which stocks could lead the Dow to 40,000 and beyond. Click here to add this screener to your Pro stock screener. But 69% of analysts polled by FactSet are sticking by a buy or overweight rating on Boeing stock. Other potential Dow leaders that could drive the benchmark to 40,000 include recent addition Amazon as well as oil giant Chevron .

Persons: Dow Jones, Jerome Powell, Apple, Morgan Stanley's Erik Woodring, Max, Gavin Parsons Organizations: Dow, Dow Jones Industrial, Federal, Dow Jones, CNBC Pro, CNBC, Stock, U.S . Department of Justice, Apple, FactSet, DOJ, Boeing, UBS Locations: Chevron

LOS ANGELES, Calif. (AP) — Arnold Schwarzenegger and Jane Fonda joined California Gov. Gavin Newsom and environmental advocates in Los Angeles on Friday to launch a campaign to keep a 2022 law banning new oil and gas wells near homes, schools and hospitals. It hasn't taken effect after the oil industry qualified a referendum to ask voters to overturn it in November. She has since worked to fight against the health impacts of the oil industry and wants voters to keep the law limiting the location of new oil and gas wells. “The oil industry has no place in our backyards, in our democracy or in our future,” she said.

Persons: — Arnold Schwarzenegger, Jane Fonda, Gavin Newsom, Newsom, ” Newsom, “, ”, Nalleli Cobo, ___ Sophie Austin, @sophieadanna Organizations: ANGELES, Calif, California Gov, California Independent Petroleum Association, Lawmakers, Senate, Sacramento ., Associated Press, America Statehouse News Initiative, America Locations: Los Angeles, California, United States, Sacramento, Sacramento . Austin

Mizuho initiated Home Depot with a buy rating, calling for roughly 10% upside. The bank upgraded shares of the industrial equipment manufacturer to a buy rating. Analyst Manav Gupta also lifted his price target to $170 from his prior target of $152. Analyst Gavin Parsons reiterated his buy rating on the stock and price target of $275. The bank initiated coverage of the home improvement stock at a buy rating, setting a price target of $415.

Persons: Mizuho, Manav Gupta, Howden, Gupta, GTLS, — Lisa Kailai Han, Gavin Parsons, Parsons, Fred Imbert, David Bellinger, Bellinger, Wells Fargo, Aaron Rakers, Goldman Sachs, Toshiya Hari, Bernstein's Stacy Rasgon, Taylor Swift, Jensen, Huang Organizations: CNBC, UBS, Boeing, Nvidia, Industries, YE2026E, Department of Energy, Alaska Airlines, Mizuho, SAP Center, Blackwell, ~$ Locations: Howden, GTLS, Mizuho, San Jose

☆ 'Bloodbath' comments aside, Trump's first rally as the presumptive GOP nominee foretold a dark campaign ahead
▼ + stars: | 2024-03-17 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

AdvertisementNo matter who you believe on the "bloodbath" comments, Trump's speech was full of other dark premonitions and statements — undisputed by his campaign — that foreshadow a grim campaign ahead as the country girds for a 7-month-long rematch between Trump and President Joe Biden. Here's a transcript of Trump's "bloodbath" comments at the Dayton, OH rally yesterday. It technically wasn't even a Trump rally. Beginning his speech, Trump called the defendants "unbelievable patriots." "I don't think you're going to have another election in this country if we don't win this election," Trump told his supporters.

Persons: Trump, —, Donald Trump, that'll, There's, Joe Biden, Here's, 6NgMQeSkqa, 9yH5g2hkfY — bryan metzger, Bernie Moreno, Lee Greenwood's, Gavin Newscum, JB, Biden, it's, Ruth Wyatt, Wyatt, she's, I'm Organizations: Service, Trump, Dayton International, Buckeye Values PAC, Citizen Free Press, Illinois Gov, Greenville Locations: Ohio, Dayton, Vandalia , Ohio, Tuesday's, Russia, California, South Carolina, Washington

While discussing the U.S. economy and its auto industry, Mr. Trump promised to place tariffs on cars manufactured abroad if he won in November. Mr. Trump mentioned Bernie Moreno, his preferred Senate candidate in Ohio and a former car dealer from Cleveland, only sparingly. Mr. Trump was redirected from a planned trip to Arizona to appear with Mr. Moreno as a last-minute push. Mr. Trump called Mr. Biden a “stupid president” several times and at one point referred to him as a “dumb son of a — ” before trailing off. “Everything is up: Chicken’s up, bread is up and I can’t read this damn teleprompter,” Mr. Trump said.

Persons: Donald J, Trump, Biden, don’t, ”, “, Mr, “ They’re, Bernie Moreno, Moreno, Sherrod Brown, Fani Willis, Gavin Newsom, J.B . Pritzker, Willis’s, Newsom “ Gavin, Trump’s, James Singer, Steven Cheung, Joe Biden, Maddie McGarvey, Moreno’s, Matt Dolan, Dolan, Mitt Romney, ” Mr, Dolan’s Organizations: Ohio’s Republican Senate, Republican, Dayton International, Capitol, Mr, Democrat, Gov, California, Illinois, The New York Times, Cleveland Indians, Cleveland Guardians Locations: United States, Vandalia , Ohio, Ohio, Cleveland, Arizona, Atlanta, Georgia, New York

☆ Multiple Taco Bell locations in Oakland have closed dining rooms because of crime concerns
▼ + stars: | 2024-03-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Multiple Taco Bell locations in Oakland have closed their dining rooms because of safety concerns in the California city, which has been struggling with rising crime affecting businesses both big and small. Diversified Restaurant Group owns about 300 Taco Bell and Arby’s locations, predominately in the western US. At least four Taco Bell locations in Oakland have closed their dining rooms, however the drive-thru remains operational. CNN affiliate KPIX-TV visited a Taco Bell location that has been robbed four times in the past four months, finding signs notifying customers of the closure. One Oakland location still has their dining room open but has gone cashless to discourage robberies, KPIX-TV reported.

Persons: Taco Bell, Taco, Gavin Newsom, – CNN’s Nathaniel Meyersohn Organizations: New, New York CNN, Bell, Group, Restaurant Group, Taco Bell, Taco Bell’s, CNN, Oakland, San, Criminal, Patrol Locations: New York, Oakland, California, Cane’s, San Francisco Chronicle

☆ Biden secures Democratic nomination with majority of delegates, NBC News projects
▼ + stars: | 2024-03-12 | by ( Peter Nicholas | ) www.cnbc.com time to read: +5 min

President Joe Biden clinched the Democratic presidential nomination Tuesday, NBC News projects, winning a majority of the necessary delegates and setting up what is expected to be a bitter, closely contested rematch with Donald Trump. By clearing the field for the 81-year-old Biden, Democrats have gambled that he remains the party's best shot at defeating Trump one more time. The general election campaign opens with Biden an underdog against an opponent who historians have ranked as the worst president in the nation's history. He ran for the party's nomination in 1988 and again in 2008 and never made headway with rank-and-file Democratic voters. Through sheer persistence, he is now finishing a presidential term while wrapping up his second party nomination in a row.

Persons: Joe Biden, Donald J, Trump, Donald Trump, Biden, Govs, Gavin Newsom, Gretchen Whitmer, —, Liano Sharon, parry, Marc Morial, Sen, Claire McCaskill, Beau's, Barack Obama's, Obama, Hillary Clinton, John Kerry, Al Gore, Edward M, Kennedy Organizations: United, Former U.S, YMCA Allard Center, Democratic, NBC News, Biden, Trump, Democratic National Committee, parry Republicans, State, Union, National Urban League, Israel, Office Locations: Goffstown , New Hampshire, United States, Michigan, New Orleans, Israel, Gaza, South Carolina

☆ California’s Ballot Measure on Mental Health Care Still Isn’t Decided. Why?
▼ + stars: | 2024-03-10 | by ( Shawn Hubler | ) www.nytimes.com time to read: +1 min

California has about 12 percent of the nation’s population but more than a quarter of America’s homeless people — 181,000-plus at last count. But since the pandemic turned fentanyl abuse and tent camps into inescapable symptoms of a public health crisis, state policymakers have been under intense pressure to rethink California’s approach to behavioral health. Last week, Californians voted on a key piece of that rethinking — a deeper focus on treatment and housing for homeless people with severe mental illnesses and substance use disorders. The ballot measure, called Proposition 1, was the product of months of work by Gov. Entering the week, the measure is hanging on with 50.5 percent of the vote and an estimated 2.5 million ballots left to count.

Persons: Gavin Newsom Organizations: Gov Locations: California

The situation was so dire last year at one Walgreens store in San Francisco, employees resorted to padlocking frozen foods. The effort to undo some aspects of Prop 47 comes amid a broader check on some other liberal crime enforcement policies in America. Police data shows that larceny theft, which includes retail theft and car break-ins, is down 37% from this time last year. On Tuesday, San Francisco voters approved two ballot measures spearheaded by Breed. Last September, the state announced it would be sending $267 million to law enforcement agencies throughout the state to tackle organized retail theft.

Persons: Gavin Newsom, It’s, ”, Jason Henry, “, Marlene Harden’s, Harden, Chloe, …, ” Harden, Marlene Harden's, Thanh Tran, Tran, Ella Baker, CNN Lenore Anderson, ” Anderson, Richard Bailey of Coronado, Breed, Tayfun, –, Miracle, don’t, We’re, Newsom, He’s Organizations: San Francisco CNN —, Republican, Democratic, Democratic Gov, CNN, Public, Institute of California, state’s Department of Justice, Walgreens, Walmart, ” Walmart, Westfield San Francisco Centre, New York Times, “ Walgreens, ”, National Retail Federation, Target, Ella Baker Center for Human, Attorneys, San Francisco Mayor London, San Francisco Mayor London Breed, Anadolu Agency, San Francisco Chronicle, Police, “, San Francisco, Breed Locations: San, California, San Francisco, America, Oregon’s, San Diego County, Francisco, Texas, South Carolina

☆ Dean Phillips is very mad and getting feisty on X after being wiped out on Super Tuesday
▼ + stars: | 2024-03-06 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Dean Phillips got wiped out on Super Tuesday. The Minnesota congressman lost his home state to President Joe Biden by a landslide. AdvertisementRep. Dean Phillips of Minnesota didn't seem too happy after getting wiped out on Super Tuesday. "Congratulations to Joe Biden, Uncommitted, Marianne Williamson, and Nikki Haley for demonstrating more appeal to Democratic Party loyalists than me," Phillips wrote on X on Tuesday after losing his home state to President Joe Biden by a landslide. "And, Jason Palmer," Phillips wrote in a subsequent post, referencing the sole presidential candidate who won the Democratic primary in American Samoa.

Persons: Dean Phillips, Joe Biden, Phillips, Gavin Newsom, —, Uncommitted, Marianne Williamson, Nikki Haley, Jason Palmer Organizations: Service, Minnesota, Democratic Party loyalists, Democratic, Business Locations: Minnesota, American Samoa

☆ Panera Bread franchise owner — and Newsom's donor — is going to raise wages after all
▼ + stars: | 2024-03-06 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Gavin Newsom said he's raising pay at his Panera Bread locations after it was widely reported that they'd be exempt from a new state law boosting the minimum wage. Greg Flynn, the franchise owner of 24 Panera Breads in the state, announced on Tuesday that he would raise the minimum wage at his locations from $16 to $20. This story is available exclusively to Business Insider subscribers. Newsom and Flynn have known each other for years, and Flynn has been a longtime donor to Newsom's campaign, Business Insider previously reported. That connection brought Newsom under fire last week because the state's new law appeared to have a potential, specific exception for Panera Bread.

Persons: —, Gavin Newsom, they'd, Greg Flynn, Newsom, Flynn Organizations: Service, California Gov, Business, Bloomberg, Flynn Locations: California, , California

☆ Opinion | Reflections on a Trump-Biden Rematch
▼ + stars: | 2024-03-06 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “Trump and Biden Pile Up Victories on Super Tuesday” (front page, March 6):I listened to Donald Trump’s Super Tuesday victory speech that he gave from Mar-a-Lago. True to form, the former president laced his comments with old grievances and false statements. This won’t be the last time Donald Trump makes false statements about the 2020 election results specifically or the 2024 results generally. Denny FreidenrichLaguna Beach, Calif.To the Editor:Why didn’t viable Democrats like Gavin Newsom and Gretchen Whitmer challenge President Biden and throw their hats in the ring for the primaries a year ago? What is the nature of the specific politics of Democrats challenging a Democratic incumbent?

Persons: “ Trump, Donald Trump’s Super, Trump, Donald Trump, Denny Freidenrich, Gavin Newsom, Gretchen Whitmer, Biden Organizations: Biden, Mar, Democratic Locations: Denny Freidenrich Laguna Beach, Calif

☆ Sergey Brin once hosted a bizarre baby shower where big-name guests wore oversized diapers and onesies, book says
▼ + stars: | 2024-03-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Sergey Brin once hosted a bizarre baby shower featuring oversize diapers and adult onesies. Brin, who stepped back from Alphabet in 2019, has returned to help shape Google's AI strategy. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGoogle cofounder Sergey Brin once hosted a bizarre baby shower where guests wore oversized diapers and adult-sized onesies.

Persons: Sergey Brin, Kara Swisher's, Brin, —, Kara Swisher, San Francisco soiree, Swisher, Wendi Deng, Rupert Murdoch, Anne Wojcicki, Gavin Newsom, Newsom, Larry Page, John Doerr, she'd, Page Organizations: Service, San, Francisco, Business, Microsoft Locations: San Francisco

☆ No, Michelle Obama isn't going to swoop in and replace Joe Biden
▼ + stars: | 2024-03-06 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Michelle Obama isn't running for president in 2024. The former first lady's office says she's backing Joe Biden and Kamala Harris' reelection campaign. On Tuesday, the former first lady's office told NBC that "she will not be running for president." "Mrs. Obama supports President Joe Biden and Vice President Kamala Harris' reelection campaign," said Obama's communications director, Crystal Carson. In 2019, Obama told The National there was "zero chance" of her running.

Persons: Michelle Obama, Joe Biden, Kamala Harris, Biden, —, Obama, Crystal Carson, Michael Cembalest, Cembalest, hasn't, Gavin Newsom, It's, Donald Trump, Nikki Haley, Trump, Jay Shetty Organizations: Democratic, Service, White, NBC, JPMorgan Asset Management, Democratic National Committee, Super, MSNBC, California Gov, GOP Locations: Washington and Vermont

☆ Companies are required to disclose their climate impact, SEC says
▼ + stars: | 2024-03-06 | by ( Allie Kelly | Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

Under the disclosure, public companies will have to release their greenhouse gas emissions, environmental risk impacts, and risk management strategies. Climate disclosure will create a standardized way for companies to report environmental impactPreviously, companies only disclosed their climate impact information on a voluntary basis. Bryan McGannon, managing director of the nonprofit sustainable investment forum US SIF, said the climate disclosure is "a really good first step" toward increasing transparency. The SEC might also be facing litigation from corporate America, which hopes to challenge the new climate disclosure in court, McGannon said. Some companies might be concerned about the potentially high costs of gathering data and complying with the disclosure, SEC officials said.

Persons: Gary Gensler, Steven Rothstein, Rothstein, Bryan McGannon, McGannon, Gavin Newsom Organizations: Service, US Securities and Exchange Commission, Business, Economic, SEC, BI, Ceres Accelerator, Sustainable Capital, US, CNBC, Clean Energy, Jobs Locations: America, California, Michigan

☆ California Panera franchisee will raise minimum wage to $20 after political firestorm over minimum wage carveout
▼ + stars: | 2024-03-05 | by ( Samantha Delouya | ) edition.cnn.com time to read: +3 min

Los Angeles CNN —A Panera Bread franchise owner in California said he will raise the minimum wage for his employees after accusations he benefited from ties to the state’s governor to avoid hiking pay. A new state minimum wage law exempts certain businesses that make and sell bread – a carveout that critics contended benefited Greg Flynn, a billionaire Panera franchise owner who attended high school with Democratic California Gov. On Tuesday, Flynn told CNN that he has decided to raise the minimum pre-tip wage at all of his Panera Bread locations to $20 per hour, regardless of whether his fast-casual bakeries are exempt from the new minimum wage law or not. “At Flynn Group, we are in the people business and believe our people are our most valuable assets,” Flynn said. However, Flynn said he never personally met with Newsom about the minimum wage bill, though he did meet with Newsom’s staff and a group of other restaurant owners to discuss it.

Persons: Greg Flynn, Gavin Newsom, Flynn, “, ” Flynn, Newsom, ”, Alex Stack Organizations: Los Angeles CNN, Democratic California Gov, CNN, Flynn Group Locations: California

☆ In California, Senate Battle Has the Most Intrigue
▼ + stars: | 2024-03-05 | by ( Shawn Hubler | ) www.nytimes.com time to read: +1 min

California is a big part of Super Tuesday, but don’t expect a big turnout in the state. With little drama in the presidential primaries, voters have been slow to turn in their mail ballots so far, and lackluster participation is expected for this election. Out of more than 22 million mail ballots issued to registered voters in early February, only about 16 percent were returned by mid-Tuesday. “Turnout is probably going to be a record low for a presidential primary in California,” said Paul Mitchell, a Democratic political consultant and political data expert. He predicted that less than a third of registered voters would cast ballots in California.

Persons: ”, Paul Mitchell, Feinstein, Dianne Feinstein, Gavin Newsom, Laphonza Butler, Adam Schiff, Trump’s Organizations: Democratic, Gov Locations: California, Burbank

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