Advertise With Us
Subscribe to Newsletter
IB-Logo

[email protected]

  • Markets
  • Business & Finance
    • Forex
    • Stocks
  • Finance
  • Economy
  • Politics
  • Real Estate
  • Crypto
  • AI
  • Health
  • Research
  • Sports
  • More
    • Tech
    • Science
    • Weather
  • Markets
  • Business & Finance
    • Forex
    • Stocks
  • Finance
  • Economy
  • Politics
  • Real Estate
  • Crypto
  • AI
  • Health
  • Research
  • Sports
  • More
    • Tech
    • Science
    • Weather
IB-Logo
Advertise With Us
Subscribe to Newsletter
  • Markets
  • Business & Finance
    • Forex
    • Stocks
  • Finance
  • Economy
  • Politics
  • Real Estate
  • Crypto
  • AI
  • Health
  • Research
  • Sports
  • More
    • Tech
    • Science
    • Weather
  • Markets
  • Business & Finance
    • Forex
    • Stocks
  • Finance
  • Economy
  • Politics
  • Real Estate
  • Crypto
  • AI
  • Health
  • Research
  • Sports
  • More
    • Tech
    • Science
    • Weather

Governor California wants to change a labor law that costs companies $10 billion

Newsom's office has invited the California Labor Federation together to work out a solution with the Private Attorneys General Act . Labor proponents see the rule as an example of worker protection even if it has cost large and small firms $10 billion over the last ten years.

admin by admin
June 13, 2024
in Business & Finance
0
Governor California wants to change a labor law that costs companies $10 billion

A California legislation has aided employees in suing the largest corporations in the world for the past 20 years. Uber Technologies Inc. drivers received a $20 million settlement, Google employees received $27 million for claimed free speech breaches, and Walmart Inc. paid $65 million to settle charges that its cashiers were not given seats.

Following pressure from some of California’s biggest business interests, who claim that a string of progressive policy victories in the state, such as raising the minimum wage for fast-food workers to $20 an hour and expanding paid sick days, are negatively impacting their bottom lines, Gov. Gavin Newsom is now discreetly supervising discussions about amending that law.

The goal of Newsom’s office is to broker a compromise for the Private Attorneys General Act by bringing labor and industry together.

According to those involved with the talks, Newsom’s office has invited the California Labor Federation and the influential California Chamber of Commerce together to work out a solution with the Private Attorneys General Act, or PAGA. Labor proponents see the rule as an example of worker protection, even if it has cost large and small firms $10 billion over the last ten years, according to one analysis.

There is a clock ticking on for the negotiators: The deadline for removing a proposal that would allow voters in California to overturn the legislation from the November ballot is June 27. The car dealership owners, Walmart and McDonald’s Corp., small businesses throughout the state, and the billionaire owner of the Wonderful Company, Stewart Resnick, are all part of the wide alliance that the Chamber of Commerce is negotiating on behalf of. More than $31 million was given by the business group to organizations supporting the ballot initiative, such as those involved in the signature-gathering and advertising campaigns.

Source: Insurence Journal
Tags: breakingnewsGOVERNERCALIFORNIALABOURLAWUSdollar

RelatedPosts

Renault and Geely Invest €319 Million in Brazil to Expand Electric Vehicle Production
Business & Finance

Renault and Geely Invest €319 Million in Brazil to Expand Electric Vehicle Production

September 16, 2026
US Senate Blocks Landmark Crypto Bill in Major Setback for Industry
Business & Finance

US Senate Blocks Landmark Crypto Bill in Major Setback for Industry

September 16, 2026
Anthropic and Salesforce CEOs Say Businesses Need More Help Putting AI to Work
AI

Anthropic and Salesforce CEOs Say Businesses Need More Help Putting AI to Work

September 16, 2026
Citi Expects Mid-Single-Digit Markets Growth as Trading and Investment Banking Stay Strong
Business & Finance

Citi Expects Mid-Single-Digit Markets Growth as Trading and Investment Banking Stay Strong

September 15, 2026
Business & Finance

Mark Carney Looks to Europe as Canada Seeks a New Economic and Strategic Future

September 15, 2026
Benfica and Adidas Extend Partnership Through 2033
Business & Finance

Benfica and Adidas Extend Partnership Through 2033

September 15, 2026

Facebook

IB-Logo

Latest News & Updates
Premier source for business,
financial news, analysis and insights.

  • Fact Checking Policy
  • Editorial Policy
  • Financial Disclaimer
  • Advertising & Sponsored Content Policy
Advertise With Us
  • About Us
  • Contact Us
  • Privacy Policy

© All Rights Reserved 2026 InvestorBytes.

No Result
View All Result
  • About Us
  • Advertising & Sponsored Content Policy
  • Contact Us
  • Editorial Policy
  • Fact-Checking Policy
  • Financial Disclaimer
  • Main Page
  • Privacy Policy

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.

Advertise With Us

I don’t want startup news.

Catch up with Startups Weekly

Your weekly dose of startup insights and innovation, delivered right to your inbox.

I don’t want startup news.