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California restaurant owner says fast food wage hike costing him $470K, warns prices could go up ‘immediately’

California restaurant owner says fast food wage hike costing him $470K, warns prices could go up ‘immediately’ California’s new minimum…

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Business

First-quarter auto sales grew 5.1%, but the industry may have already hit its spring sales peak, top economist warns

New vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high…

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Biden warns Netanyahu about humanitarian situation in Gaza : NPR

President Biden called Israeli Prime Minister Benjamin Netanyahu on Thursday to express concerns about Israeli strikes that killed aid workers…

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Business

Tesla could ‘go bust’ because it’s too vertically integrated, bear warns

Tesla reported its first quarter of year-over-year sales declines since 2020 this week. A bad quarter was expected given slowing…

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‘Only the beginning,’ ex-manager warns

Another California small business and its workers have seemingly suffered at the hands of the state’s newly enacted $20 minimum…

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Sports

Clarke warns Wardley after frosty face-off | 'I'll KO him and laugh at his team!'

Frazer Clarke says he’s one step ahead of Fabio Wardley and will win by knockout and goad his training team.…

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Business

‘This is an emergency’: Trade group warns nearly a third of all independent pharmacies will go extinct because of a CMS rule

Independent pharmacies have struggled in recent years to stay open—and new financial constraints may mean a record number of pharmacy closures in…

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Business

Britain’s Brexit wine duty regime is ‘unworkable’, industry warns

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Politics

Federal judge blasts Trump’s attacks on judges, warns against tyranny

U.S. District Judge Reggie Walton is criticizing former President Trump’s attacks on the judges involved in his criminal cases, most…

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Business

‘Friend of China’ Larry Summers warns Beijing that its actions make it hard to push for better ties

This bipartisan sentiment makes it challenging for those trying to argue for a more cautious, less aggressive approach to the…

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