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-0.00030462264869387 -7.61556621734133E-05 0.0003807783108675 -0.00297007082476572 -0.0028939151625923 -0.00144695758129615 -0.00312238214911276 -0.00312238214911276
Stock impact report

California's New ‘Fast Food' Wage Law Will Probably End Badly. We Just Don't Know How. [Yahoo! Finance]

Papa John's International, Inc. (PZZA) 
Last papa john's international, inc. earnings: 2/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.papajohns.com
Company Research Source: Yahoo! Finance
and learn from others' successes and failures to formulate better policies of their own. When it comes to economics, arguably no place generates more such experiments—and more such failures—than the lab in Sacramento. This time, it's the state's new minimum wage law , which went into effect on Monday (April Fool's Day, naturally) and mandates a 25 percent increase—from $16 to $20 per hour—in the base pay for employees of qualifying “fast food restaurants” (i.e., chain restaurants with counter service and more than 60 nationwide establishments). Even before the law went into effect, it was mired in controversy because it excluded restaurants with in-house bakeries—a narrow category that appeared to apply to only Panera Bread, a major franchisee of which is a close associate of (and big donor to) California Gov. Gavin Newsom. The Panera exclusion has since been repudiated by everybody, including the governor, the franchisee—which says it will pay the new $20 rate —and the state's new “f Show less Read more
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