Steve Garvey is raising millions — and paying for it

SACRAMENTO, California — Steve Garvey, the former baseball superstar turned Republican candidate, has managed to raise millions in recent weeks for his longshot bid for California’s open Senate seat — and it’s costing him. Garvey raised $3.4 million from mid-February through the end of March, and, as federal filings show, it cost him over $1 … Read more

$20 Wages Has Burger Joints In This State All Heated

Not-So-Happy Meal: $20 Wages Has Burger Joints In This State All Heated California fast-food employees started earning a minimum of $20 an hour in April. Thanks to a new law, which went into effect earlier this month, California chain restaurants with at least 60 locations nationwide have to pay their employees more. For smaller restaurants, … Read more

TSMC first-quarter profit expected to rise 5% on strong AI chip demand

By Ben Blanchard and Faith Hung TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 5% rise in first-quarter profit on Thursday thanks to strong demand. The world’s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a … Read more