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The Daily Prep List 10.17.2023

Labor

‘Such An Inflationary Move:’ $20 Fast Food Minimum Wage Sparks Concern

The Business Journal 10/16

Dave Fansler, the owner of Pismo’s Coastal Grill and other restaurants in Fresno, said state officials did not consider the costs of living in different parts of the state in their decision to hike the minimum wage for fast food workers.

How Gavin Newsom cooled California’s labor hot streak

Politico 10/17

As he builds his profile as a national Democratic leader, Newsom took a middle path in his handling of labor’s big priorities at home in California, delivering unions some significant wins but also checking them in telling ways.

Food Industry Policy

‘A devastating financial blow:’: California’s so-called ‘draconian’ fast-food bill is now law – here’s why McDonald’s franchisees say it’ll cost small business owners $250k per year

Yahoo Finance 10/14

In addition to the minimum wage increase for fast-food workers, which comes into effect April 1, 2024, the bill also establishes a council that can approve further wage increases in the future. However, the NOA says the law would introduce costs that “simply cannot be absorbed by the current business model.”

Why the FTC is coming after restaurant service charges

Restaurant Business 10/16

This week’s episode of Working Lunch, from the public affairs firm Align Public Strategies, features a discussion on the FTC’s effort to regulate hidden fees, which the Biden administration has made a priority.

On the Side

Cambodian Restaurant Week sold to Chef T, Long Beach’s gangster-turned chef

Long Beach Post 10/16

Local Cambodian chef Visoth Tarak Ouk, well-known as Chef T, officially purchased Cambodian Restaurant Week from co-founder Terri Henry this week.

18 Highly Affordable Dining Options in

Los Angeles LA Eater 10/16

You’re not imagining it, dining out has become an expensive activity. Though inflation and restaurant operating costs continue to rise, eating well doesn’t have to break the bank in Los Angeles. Every neighborhood has a casual spot serving reasonably priced fare.

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