Workers at fast-food restaurants and in minimum-wage jobs can expect a pay bump soon, courtesy of higher wage floors adopted by California lawmakers and more than two dozen cities across the state. In California, the minimum wage is currently $15.50 per hour, but it rises to $16 per hour starting Jan. 1, according to the…
IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS has unveiled a “voluntary disclosure program” for businesses that claimed a pandemic-era tax credit in error and want to pay the money back. Worth thousands per employee, the employee retention tax credit, or…
Mortgage rates fell for the eighth consecutive week, giving cash-strapped home buyers some relief as the new year approaches. The average interest rate on the popular 30-year fixed mortgage clocked in at 6.67% for the week ended Dec. 20, down from 6.95% a week earlier, according to data released Thursday by mortgage giant Freddie Mac….
To repurpose an old joke: How do you create a $15-billion company? Answer: First, start with a $44-billion company … Yes, we’re talking about Elon Musk and the fate of Twitter-now-X, the social media platform he bought in October 2022 and spent the subsequent year turning into a hive of antisemitism, racism and all other…
US President Joe Biden speaks about strengthening US ports and supply chains after the International Longshore and Warehouse Union and the Pacific Maritime Association finalized a new contract covering west coast ports, in the State Dining Room of the White House in Washington, DC, on September 6, 2023. Jim Watson | Afp | Getty Images…
Prosecutors at the National Labor Relations Board say Trader Joe’s illegally fired a union supporter in Massachusetts because he was pushing for better working conditions. In a complaint filed Tuesday, officials argued that the company should be forced to offer reinstatement and back pay to Stephen Andrade, a nearly 18-year Trader Joe’s veteran in Massachusetts….
Kimmy Garris, who describes herself as a “fat solo traveler,” probably had no idea that her 30-second TikTok video was going to cause a sensation when she recorded herself in September politely asking a Southwest Airlines gate agent if she could avail herself of the airline’s “customer of size” policy. Her TikTok post went viral…
For travelers trying to reach their destinations during the storm-tossed holiday season last year, there was no problem identifying the Grinch who stole Christmas: It was Southwest Airlines. Southwest, it may be recalled, canceled or delayed more than 16,900 flights between Dec. 21 and Jan. 2, stranding more than 2 million passengers. The meltdown kept…
Season upon season, watermelons, carrots and corn have sprouted from Daniel Rudnick’s 255-acre farm along Interstate 5 in Buttonwillow, Calif. Now, the ground lies unplanted. In the next year, it will be cleared and graded to build a 4-million-square-foot warehouse complex. “Our plan all along was that we were going to leverage the value of…
Forecasting the future is difficult. But here’s an easy prediction: The anti-vaccination movement in the U.S. and globally is going to result in the deaths of more children. This grim portent comes to us courtesy of UNICEF, which is reporting that 30,601 confirmed cases of measles have been reported in Europe and Central Asia this…
