McDonald's and Chipotle said they will raise menu prices in California to pay for the minimum wage hikes that Gov. Gavin Newsom recently signed into law.
I think the key difference is that the company is private.
The magic answer! A private company is run by a C** and Board that are allowed to decide when it’s profitable enough and are not subject to the requirement of coming up with ANOTHER 15% MORE profit THAN last quarter, EVERY. SINGLE. QUARTER. Or be replaced by the shareholders.
The magic answer! A private company is run by a C** and Board that are allowed to decide when it’s profitable enough and are not subject to the requirement of coming up with ANOTHER 15% MORE profit THAN last quarter, EVERY. SINGLE. QUARTER. Or be replaced by the shareholders.