California Inc.: Is a player lockout up next for Major League Baseball? – Los Angeles Times

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I’m David Lazarus, and here’s a rundown of upcoming stories this week and the highlights of last week. The Dow Jones industrial average topped 19,000 for the first time last week as a long post-election rally continued to boost stocks, with investors betting on higher growth during the upcoming Trump administration. But trading volume has slowed, so this week will be a test of whether the market can maintain its momentum.


Job action: Labor activists seeking a $15 minimum wage are planning protests at 20 airports, including Los Angeles International, and at McDonald’s restaurants in 340 cities on Tuesday. The event will include at least one work stoppage: About 500 baggage handlers, airplane cabin cleaners, janitors and wheelchair attendants at O’Hare International Airport in Chicago are planning to strike that day. The actions are being organized by the Fight for $15 campaign, which said it expects “tens of thousands” of people to participate in.


Write a Reply or Comment:

You must be logged in to post a comment.