Cost

Hiltzik: How the Fast Food Industry Uses Fraudulent Employment Numbers

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The fast food industry has been wringing its hands over the devastating impact on its business from California’s new minimum wage law on its workers. Their raw numbers certainly bear this out. A full-page ad recently placed in USA Today by the California Business and Industry Alliance claimed that about 10,000 fast food jobs had … Read more

Cost reductions, China is put in focus

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Stellantis CEO Carlos Tavares holds a press conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters DETROIT – From the beginning of a union to create Stellantis in 2021, CEO Carlos Tavares has been on a cost-cutting mission. This is starting to pay dividends for the company and investors. … Read more