California

Proposed California Law Could Cap CU Overdraft Fees
Proposed California Law Could Cap CU Overdraft Fees
April 10, 2024  |  Credit Unions

California state lawmakers are considering legislation that would limit the number of overdraft fees credit unions (CUs) can charge their members. Under SB-1075, the 100+ CUs...

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Hermès Faces Antitrust Suit Around Birkin Handbag Sales Practices
Hermès Faces Antitrust Suit Around Birkin Handbag Sales Practices
March 20, 2024  |  Retail

French luxury house Hermès faces an antitrust lawsuit in California around its Birkin handbags. The suit alleges that Hermès violates antitrust law by “tying” the...

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California Forges Ahead With AI Rules as Federal Regulations Lag Behind
California Forges Ahead With AI Rules as Federal Regulations Lag Behind
March 15, 2024  |  artificial intelligence

California’s recent vote to regulate artificial intelligence (AI) and personal data use by businesses underscores growing concern over the risks posed by these technologies in...

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Musk: X Close to Landing NY and CA Payment Licenses
Musk: X Close to Landing NY and CA Payment Licenses
March 07, 2024  |  Digital Payments

Elon Musk says X could soon receive money transmitter licenses from New York and California. The license from California could come in the next month or so,...

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New Wage Regulations Are Transforming the Economics of Restaurant Delivery
New Wage Regulations Are Transforming the Economics of Restaurant Delivery
December 28, 2023  |  Delivery

With changing wage laws shaking up the economics of restaurant delivery, key players have begun changing their approach. For instance, in California, a new minimum...

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California Pizza Huts Slash 1,200 Jobs as in-House Delivery Ends
California Pizza Huts Slash 1,200 Jobs as in-House Delivery Ends
December 27, 2023  |  Personnel

Two California Pizza Hut locations are eliminating in-house delivery, resulting in 1,200-plus driver layoffs. The job cuts impact Pizza Hut delivery drivers across California, including...

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Chipotle and McDonald’s to Raise Prices in California After Minimum Wage Hike
Chipotle and McDonald’s to Raise Prices in California After Minimum Wage Hike
October 30, 2023  |  Retail

Chipotle Mexican Grill and McDonald’s plan to increase menu prices in California next year. The decision is a response to the state’s forthcoming minimum wage hike for fast-food...

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California Bans Junk Fees, Anticipating Federal Efforts
California Bans Junk Fees, Anticipating Federal Efforts
October 09, 2023  |  Legal

California will ban junk fees beginning July 1, after the state’s governor signed a bill into law on Saturday (Oct. 7).  This move comes in...

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California Fast-Food Workers to Receive $20 an Hour Minimum Wage
California Fast-Food Workers to Receive $20 an Hour Minimum Wage
September 29, 2023  |  Economy

California Governor Gavin Newsom has signed a new bill into law that raises the minimum wage for fast-food workers in the state to $20 an...

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