California has increased the minimum wage for fast food workers to at least $20 an hour, affecting those in national chain restaurants. This substantial 25% raise, higher than most jurisdictions, is the second highest in the U.S., posing challenges for businesses amid warnings of price hikes and reduced employee hours. Despite concerns, California's history of doubling minimum wages over the last decade without experiencing employment decline highlights the complex cause and effect dynamics of minimum wage laws.
Episode 291: Happy April Fool's Day! Neal and Toby explain why California raised the minimum wage for fast food workers and what cities are cashing in on tourism surrounding the upcoming solar eclipse. Plus, what is Guyana's oil dilemma and the guys share their winners of the weekend - which may include a box office smash hit and the most popular car brands. And finally, Gmail celebrates 20 years and a look ahead to what we are watching this week.
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00:00 - Intro
03:00 - California minumum wagę
07:30 - Solar Eclipse business boom
11:30 - Guyana Oil
14:30 - Winners of the weekend
20:00 - 20 years of Gmail
22:20 - Week ahead
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