The fast-food industry has been wringing its hands over the devastating impact on its business from California’s new minimum wage law for its workers. Their raw figures certainly seems to bear that out. A full-page ad recently placed in USA Today by the California Business and Industrial Alliance asserted that nearly 10,000 fast-food jobs had […]
Tag: industry
The fast-food industry claims the California minimum wage law is costing jobs. Its numbers are fake
Surrounded by fast-food workers in September, Gov. Gavin Newsom signed the bill raising the minimum wage in the industry to $20 an hour from $16. (Damian Dovarganes / Associated Press) The fast-food industry has been wringing its hands over the devastating impact on its business from California’s new minimum wage law for its workers. Their […]
Congressional delegation presses for fishing industry support
Jun. 12—Oregon’s U.S. Senators Jeff Merkley and Ron Wyden, alongside U.S. Representatives Suzanne Bonamici (OR-01), Val Hoyle (OR-04), and Andrea Salinas (OR-06) have sent a letter to U.S. Department of Agriculture (USDA) Administrator Bruce Summers, who oversees the agency’s Agricultural Marketing Service, calling on the USDA to deliver critical federal support to West Coast fishermen […]
Lockheed offers Polish industry a seat at its rocket launcher table
WARSAW, Poland — Lockheed Martin is offering Poland’s defense industry an opportunity to participate in the production of guided multiple-launch rocket systems, which neighboring Ukraine has used against Russian invaders. The offer from the American defense firm comes as Poland considers buying up to 486 launchers and launcher-loader module kits with related gear for its […]
Adult entertainment industry sues again over law requiring pornographic sites to verify users’ ages
INDIANAPOLIS (AP) — An Indiana law that requires pornographic websites to verify users’ ages — one of numerous such statutes in effect across the country — is being challenged by an association of the adult entertainment industry. In April, the U.S. Supreme Court rejected a request by the same group, the Free Speech Coalition, to […]
Pipeline Brawl in Louisiana Rattles Industry Desperate to Build
(Bloomberg) — A legal battle in Louisiana is hobbling construction of three pipeline projects worth more than $2 billion. Yet the litigation isn’t from environmentalists: It’s spearheaded by one of the biggest natural gas pipeline operators in the US. Most Read from Bloomberg Energy Transfer LP wants to block three of its rivals from building […]
Portuguese footwear industry offers ‘alternative to Italy’
By reducing costs or developing new market segments, Portugal could become a key player in the luxury footwear sector according to EY Parthenon. Portugal’s footwear, components and leather goods sector currently employs around 40,000 people and exports 90% of its goods to 173 countries. Miguel Cardoso Pinto, partner at EY Parthenon, said that increased competition […]
Explainer-US industry wants to see the ‘Voldemort of administrative law’ die
By Alexandra Alper and Jody Godoy WASHINGTON (Reuters) – U.S. business interests are hoping the Supreme Court in the coming weeks will overturn a legal doctrine established four decades ago that has bolstered the federal government’s position in thousands of legal battles concerning regulatory actions. The doctrine, known as Chevron deference, calls for judges to […]
A Potential Game-Changer For Real Estate And Lending In The Industry
Reclassifying Cannabis: A Potential Game-Changer For Real Estate And Lending In The Industry Reclassifying cannabis as a lower-risk substance could bring significant changes to the real estate sector associated with cannabis. If the change leads to relaxed lending regulations, more funds could be directed toward facilities. Cannabis operators are also expected to experience reduced tax […]
Apple WWDC Event Will Show Whether It Can Be a Force in AI Industry
(Bloomberg) — Apple Inc.’s developers conference on Monday will show whether the iPhone maker can become a major player in the burgeoning field of artificial intelligence, marking a critical moment for a company forced to adapt to a new era. Most Read from Bloomberg Though Apple was an early pioneer in AI, which it has […]
Automaker introduces world’s largest electric motorcycle with impressive range — and it could revolutionize the industry
At the 45th Bangkok International Motor Show, Felo showcased its new electric motorcycle, which boasts unmatched speed and charging range. According to a recent article published in Interesting Engineering, the Felo Tooz has a top speed of 125 mph and a range of 450 miles per charge. These specifications make the Tooz the world’s largest […]
DeSantis vetoes bill targeting hemp industry
Gov. Ron DeSantis — who’s come out swinging against a proposed constitutional amendment that would allow recreational marijuana — on Friday delivered a victory to potential pot competitors by vetoing a measure that would have severely restricted the sales and production of euphoria-inducing hemp-based products. â–¶ WATCH CHANNEL 9 EYEWITNESS NEWS Lawmakers passed the bill […]