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Podcast: Choppin’ It Up by Bloomberg Intelligence
Episode: California's Fast Act to Raise Restaurant Costs
Description: Riley Lagesen, Shareholder and Chair of the Global Restaurant Industry Group at GreenbergTraurig, and Jonathan Sack, Shareholder at GreenbergTraurig, join Michael Halen, Senior Restaurant and Foodservice Analyst at Bloomberg Intelligence, to discuss California's passage of the Fast Act. The legislation will increase costs for fast food chains, including a potential 47% jump in hourly wages to $22. Menu price hikes, automation and potential challenges to the legislation are some of the topics covered.See omnystudio.com/listener for privacy information.