A McDonald’s franchisee who owns 18 outposts in California is considering reducing store hours, hiking menu prices and delaying renovations to offset the impact of the state’s $20 hourly minimum wage for fast-food workers. Scott Rodrick said he’s had to rethink his business strategy in the wake of the new law, which went into effect … Read more
After eight years, Avelina’s flame has been extinguished. The New American restaurant with seasonal, wood-fired cuisine, located at 1550 17th St. in LoDo, permanently closed its doors this month. “We thank you for your support and patronage during very challenging times for the hospitality industry over the past few years,” the restaurant wrote on Instagram … Read more
Dozens of ride-share and food delivery drivers in Toronto staged a strike Wednesday, calling for more fair pay and better treatment after a recent report found that what some drivers make falls well below Ontario’s minimum wage. In a joint report published Monday, Ridefair Toronto and the Rideshare Drivers Association of Ontario (RDAO) said some … Read more
It was another record-breaking year for Canada’s richest CEOs. In one work day, and less than a half hour into the new year — 27 minutes to be exact — Canada’s 100 highest-paid CEOs will have already earned the average worker’s annual salary, according to a new study by the Canadian Centre for Policy Alternatives (CCPA). It translates to roughly … Read more
New York’s minimum-wage workers had more than just a new year to celebrate on Monday — as the ball drop ushered in a series of annual pay bumps that took effect when the clock struck midnight. The minimum wage in New York City, Long Island and Westchester County ticked $1 higher, from $15 to $16. … Read more
Retailers are bracing for a challenging start to the new year as a combination of weakened consumer demand and a surge in costs, including an elevated minimum wage, looms on the horizon. Projections released by Think Tank suggest that consumers are likely to maintain a cautious approach to spending in the initial months of 2024. … Read more
Opposition leader Yair Lapid introduced a detailed plan on Monday to aid reservists and their families financially. The Yesh Atid leader presented his plan during a press conference prior to a faction meeting. The plan begins with raising the salaries and bonuses for reservists. Lapid proposed to raise the minimum wage for reservists, which … Read more
