Pay gaps, gender inequality, and minimum wages have been all over the news as of late. It's a touchy subject that tends to fire up people's emotions and cause a number of heated debates. The fact is there is a problem here that does revolve around cost of living and overall income, and something needs to be done about it. Let me share things with you from my perspective.
Amid a major series of business focused laws signed in to effect and vetoed out this week, there were a few key takeaways that could prove to have huge impacts, though how positive or negative is yet to be seen. An interesting "fair wage act" was just signed in to effect by Governor Brown that changes the way sexual discrimination can come in to play. Facebook has introduced a dramatically different shopping experience for it's platform. And Governor Brown also put a huge legal protection forth for franchise owners. Here's what happened this week in the news.
This week there appears to be a lot of financial talk going around, and it seems to revolve around the idea of needing more money. California is discussing the legalization of equity crowdfunding, which is the ability to offer shares in a business directly to unseasoned investors. The city of Los Angeles discusses what it should do about minimum wage laws, which gets some varied responses. And California looks at a bill that will exclude waiters from receiving the benefits of a minimum wage increase. Let's take a look at what's going on in the world of business this week.
It's about that time for the annual roundup. e're seeing some of the figures for unemployment and income that need our attention. We're also seeing new politicians take office and make their plans for 2015, including a potential major new tax that has its ups and downs. And there was a ton to see at this year's CES. Here's what's happening in small business news.