California's New Minimum Wage and Other Labor Updates

California's new minimum wage is expected to raise menu prices in fast food restaurants. Governor Newsom and Attorney General Bonta have filed a lawsuit against oil and gas companies in California, claiming deception about the risks of fossil fuels. Toyota has announced a wage increase for its non-union U.S. factory workers in response to recent labor deals. South Africa's government has allocated $1.3 billion for a wage deal with public servants despite fiscal constraints. U.S. labor costs rose in the third quarter, driven by strong wage growth.