Minnesota's minimum wage articles
-
California’s fast-food minimum wage hike is backfiring
California’s fast-food minimum wage hike has been in effect for just one month, and the consequences are proving to be fewer hours and potentially fewer jobs for workers. Pollo West Corporation, the largest franchisee of El Pollo Loco restaurants in California, has said that its franchises went from profitable to losing money overnight when the […]
-
Lyft CEO David Risher has a turnaround plan for the company—and Minneapolis’s new wage minimums are not part of it
When Lyft CEO David Risher took the helm of the rideshare company from cofounders Logan Green and John Zimmer a year ago, his mandate was clear: create a sustainable business by getting the perennial second-place rideshare company to stop bleeding money. The former Microsoft and Amazon executive laid off more than a quarter of the company’s workforce last April and exited ancillary business lines, such as car rentals. That’s helped Lyft lower the prices of its rides, so they’re in line with...
-
Minnesota’s Reid wins NBA’s Sixth Man of the Year award
NEW YORK >> Naz Reid was having a productive season as a reserve when the Minnesota Timberwolves needed him in the starting lineup while playing without All-Star Karl-Anthony Towns.