Day: June 11, 2018

Investors are trying to overhaul Sempra. The message to other utilities: Stick to basics

“The basic utility investor wants stability and a dividend — plain vanilla,” said Kit Konolige, a utility analyst for Bloomberg Intelligence. “It seems to be a trend, certainly, for investors to take a look at these companies and say, well, if they’ve underperformed and if they have separate businesses, maybe Read More

Cheesecake Factory held jointly liable with contractor for $4.2 million in janitorial services wage theft case

“Client businesses can no longer shield themselves from liability for wage theft through multiple layers of contracts,” Labor Commissioner Julie Su said in a statement. Su’s office investigated eight Cheesecake Factory locations in Brea, Irvine, Huntington Beach, Newport Beach, Mission Viejo, Escondido and San Diego.