Raise the Wage Act, Google’s Age Bias Lawsuit & Other Weekly News


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This week in forex trading news for beginners news, The House passes a bill that would increase the federal minimum wage to $15 an hour, the “biggest mistake” made by small business owners is revealed, and California passes a law making it easier for restaurants to allow guests to bring their own takeout containers. Read below to find out more on these stories and other happenings involving local businesses and hourly workers.

House Passes $15 Minimum Wage Bill

A bill that would double the federal minimum wage to $15 an hour was recently passed by the House. If the bill (known as the Raise the Wage Act) passes it would be the first time in more than 10 years that the minimum wage raised, and would be the highest increase in history. 

The bill was approved by 231 members and opposed by 199. The legislation would raise the bill to $15 an hour by 2024 and would also phase out the lower minimum wage of $2.13 for tipped workers. 

While the bill has passed in the House, it must also pass the Senate, which experts say is not likely. 

Former SBA Head Shares Most Common Mistake Made by Small Businesses

Karen Mills, the former administrator of the U.S. Small Business Administration, said small business owners make the mistake of not understanding “their cash forecast” most often. 

“The most common mistake that small business owners make is that they don’t understand their cash forecast, and business can be going very well, but you can run out of money,” she said. 

Mills added that now is a “terrific time to start a small business because the resources that you need to begin are getting more and more identifiable and cheap because of technology.”

Google to Pay $11M to Settle Age Bias Lawsuit 

Google has agreed to settle a class action lawsuit consisting of 227 people who accused the tech giant of discriminating against older job candidates by paying $11 million. 

The lawsuit was initially brought forward by a woman who claimed she interviewed for a position at Google four times over seven years but never got the job because of her age, despite her “highly pertinent qualifications and programming experience. ” 

Google, who denies the allegations and said they have strict policies in place against discrimination, will also have to train employees and managers on age bias and establish a committee that focuses on increasing age diversity amongst the staff. 

The payout will result in each job seeker receiving about $35,000. 

Calif. Law Allows Restaurant Guests to Bring Own Containers

A bill was recently passed by California Gov. Gavin Newsom that allows restaurant customers to bring their own reusable containers and cups. 

Assembly Bill 619 allows restaurants to fill the personal containers “as long as they are either isolated from the serving surface or the surface is sanitized after each fill,” according to FoodandWine.com

Restaurants must also develop a policy around the reusable containers and cross-contamination practices, which must be reviewed by food inspectors. 

The post Raise the Wage Act, Google’s Age Bias Lawsuit & Other Weekly News appeared first on forex trading news for beginners.

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