Cali votes down minimum wage hike: The basic understanding of economic principles is not entirely lost on California voters as they voted down Prop 32, a measure that would have raised the state's minimum wage to $18 per hour by 2026. It took a while to count, but voters appear to have listened to the wisdom of the California Chamber of Commerce and opposed the bill, observing that its passage would result in job losses and higher taxes. As the chamber's CEO, Jennifer Barrera, noted, "With the economy and costs top of mind for many voters this election, that message appears to have resonated." Furthermore, given the negative fallout from the Golden State raising fast food workers' minimum wage to $20 per hour in April of this year, it's understandable that voters wanted no more of this economy-damaging policy.
Ford to cut European jobs as EV shift, Chinese rivals take toll (Reuters)
Misc.
Ethics Committee won't release Gaetz report, as Democrats turn to other tactics (Roll Call)
Gravy train derails at MSNBC: Top anchors face huge pay cut after Comcast severs ties with left-wing network (Washington Free Beacon)
North Carolina GOP lawmakers vote to strip incoming Democratic leaders' powers (NBC News)
Humor: Here's how 14 different news outlets are covering the "Trump Dance" craze (Babylon Bee)
