Independent thinking for complex markets and current events
Actually, they charge fees at checkout too and they call them “service fees” which is basically just to make up for the “free” delivery. It’s a scam, but people keep paying, so they keep doing. h/t Tacticool_Turtle
California’s recent move to raise the minimum wage for fast-food workers to $20 per hour, up from the current $15.50, effective April 2024, has sparked significant discussions about its impact on the labor market, businesses, and the broader economy. The decision, which follows legislative efforts to bolster the wages of the state’s lowest-paid employees, has …
This is blatant corruption! The California minimum wage increase conveniently spares Panera, owned by a buddy of Governor Gavin Newsom. The bill’s provision exempting fast-food joints baking bread on-site seems like a tailored loophole to benefit Newsom’s pal, Panera’s CEO Greg Flynn. This corrupt relationship between Newsom and Flynn raises serious ethical concerns and undermines …
By Martin Armstrong California is raising the minimum wage of fast food employees from $16 to $20 under the FAST Act. I have explained that raises to California’s minimum wage was restricted due to successful lobbying efforts on behalf of fast food establishments. The new law does include commercial fast food restaurants, excluding Panera Bread. …
When fast food restaurants across California have to start paying workers $20 per hour on April 1, one major chain will be exempted from the mandate—and it just so happens to have a connection to a longtime friend and donor to Gov. Gavin Newsom. Panera Bread is poised to get a boost from a bizarre …