Morning Brew Daily How Panera Dodged $20 CA Minimum Wage & Gen Z Hates Dating Apps
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Feb 29, 2024 Panera Bread cleverly sidesteps California’s new minimum wage law, sparking discussions about its implications for the fast food industry. Google's AI blunder with Gemini raises eyebrows, with calls for deeper accountability. Dating apps face a crisis as Gen Z shows disinterest, prompting a debate on how to make meaningful connections. In lighter topics, hybrid cars are holding strong despite the electric wave, and there's an intriguing look at the quirks of leap years and cash transactions. It’s a mix of business with a dash of societal insights!
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Panera's Bread Exemption
- Panera Bread avoids California's $20 minimum wage due to a specific exemption for bread-selling chains.
- This exemption is suspiciously specific, raising questions about Panera's relationship with Governor Newsom.
Suspiciously Specific Exemption
- Panera's exemption from California's minimum wage law appears very specific and possibly suspicious.
- The exemption includes a grandfather clause for businesses already making bread by last September.
Minimum Wage Impact
- California's minimum wage increase from $16 to $20 significantly impacts fast food chains.
- Franchisees like McDonald's project substantial cost increases, potentially raising consumer prices.