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Anaheim's 'living wage' initiative is expected to pass. A business advocate calls it a 'tragic outcome' [Los Angeles Times (CA)]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Anaheim's 'living wage' initiative is expected to pass. A business advocate calls it a 'tragic outcome' Anaheim voters appear to have approved a ballot initiative that requires some hospitality businesses pay workers at least $15 a hour, with 51.4% of ballots counted as of Monday cast in favor of the measure. The Orange County Registrar of Voters warned, however, that nearly 330,000 ballots remain uncounted throughout the county, although it wasn’t known how many of those ballots were from Anaheim. The county agency gets up to 30 days from the day after the election, which would be Dec. 6, to complete the count and certify the election results. Supporters of Measure L said it will help thousands of workers who have been struggling to make ends meet. Opponents conceded defeat, saying the Nov. 6 ballot measure backed by Disneyland Resort labor unions would deprive the city of future investments in hotels and other hospitality businesses. Measure L, which was put on the ballot as the res Show less Read more
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