Operations
Calif. labor commissioner clarifies fast-food wage exemption
An update last week attempts to address lingering questions about what companies would be impacted by the upcoming fast-food wage hike. It looks like Panera Bread is not exempt after all.
Technology
AI supplier Presto lays off 18% of staff in latest sign of turbulence
The San Carlo, Calif.-based technology company also raised $1.2 million in a stock offering that it said will keep it afloat through April 1.