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Key Insights Institutions' substantial holdings in Starbucks implies that they have significant influence over the...
California's FAST Act legislation is going into effect on Monday, April 1, mandating fast-food chains with over 60 locations nationwide to increase their minimum wage to $20 per hour within the state. Major names like Starbucks (SBUX), McDonald's (MCD), and Chipotle (CMG) will be significantly impacted by this new law. Yahoo Finance's Brooke DiPalma breaks down the details, providing insights into how these affected chains may attempt to offset the substantial wage increases. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Dutch Bros, Dunkin', McDonald's, and even Wendy's, Burger King and Taco Bell are all looking to get a piece of the breakfast compeition.