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Stock impact report

Small-business owners brace for uncertainty as $20 hourly fast-food wage takes effect [Los Angeles Times (CA)]

Jack In The Box Inc. (JACK) 
Last jack in the box inc. earnings: 2/19 04:05 pm Check Earnings Report
Born and raised in Historic Filipinotown , Foronda opened Hifi Kitchen in 2019 and kept the doors open during the pandemic's economic disruptions through pure hustle. Last year the 37-year-old staged a Filipino holiday market across street from Hifi to draw crowds to the neighborhood. He started a board game night at the store to bring in customers. Next weekend he's organized a panel of DJs and emcees to discuss the history of Filipinos in hip hop, and he's created drink and meal specials for each panelist. He's also tried opening a gift shop, selling apparel, and doing desserts. He offers new specials almost every week. Foronda also works weekends as a nurse — and ends up floating the restaurant a lot of those earnings. All that effort has earned him nearly 6,000 followers on Instagram and kept the restaurant open for five years — no small feat given the economic contortions of the last half decade. But with California's new minimum wage for fast-food workers taking effect th Show less Read more
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