Fortis’ News of the Week:
- With minimum wage increases and employee benefits expanding, independent restaurants are struggling to find profitability even with raised menu prices.
- Lawyers who shot down Elon Musk’s $56B compensation package at Tesla are seeking a $6B fee – roughly $288,888 per hour payment.
- SEC finalizes requiring all large publically traded to disclose greenhouse gas emissions and how the business may be impacting climate change.
- Online opt-in polls may be skewing results as “bogus respondents” are voting for uncommon behaviors or beliefs, especially for young people and Hispanic adults.
- Should TikTok be worried? A new bill was introduced that would allow for the President to designate certain social media applications that are controlled by a foreign adversary as national security risk and limit app store availability.