Million dollars from these lowwage workers. They call it wage theft, and the Restaurant Industry is one of the worst offenders. Every year, it amounts to billions of dollars taken from paychecks of the very lowest earners. I dont want anything extra. Im willing to give more than enough. Im willing to give a hundred and twenty five percent just to be able to get a level playing field. This week on fault lines, we look at what it means to have a job when getting paid what youre owed is not guaranteed. I mean, at what point does it stop . Whos speaking for us . Whos going to speak for us . The us is now a lowwage economy. Tens of millions of people in america are currently working lowpaid jobs many of them are based here, in florida. In this state, one out of every ten jobs is in a restaurant. Weve come here to investigate what recourse workers have when they dont get the wages they earned. In the center of miami beach, davids cafe is a popular cuban restaurant. For many years its owners
They accuse me, the federal government, that i stole one Million Dollars from these lowwage workers. They call it wage theft, and the Restaurant Industry is one of the worst offenders. Every year, it amounts to billions of dollars taken from paychecks of the very lowest earners. I dont want anything extra. Im willing to give more than enough. Im willing to give a hundred and twenty five percent just to be able to get a level playing field. This week on fault lines, we look at what it means to have a job when getting paid what youre owed is not guaranteed. I mean, at what point does it stop . Whos speaking for us . Whos going to speak for us . The us is now a lowwage economy. Tens of millions of people in america are currently working lowpaid jobs many of them are based here, in florida. In this state, one out of every ten jobs is in a restaurant. Weve come here to investigate what recourse workers have when they dont get the wages they earned. In the center of miami beach, davids cafe
Unnamed regulators. Restaurants are up 6 . Whys that . Clarence otis has agreed to step down by the end of this year. Investors have been unhappy with his turnaround. In the meantime, president obama may grant work permits as soon as next month to millions of undocumented immigrants, marking the first major action on immigration. Mattingly with more on this. What can the white house do on its own . What we have heard and seen behind the scenes, Top Obama Administration officials have been working to try and figure out what they can do to address some of the 11 million undocumented immigrants. What we know at this point in is two realre tracks they are considering. Work permits for undocumented immigrants, primarily those that are the parents of u. S. Citizens or guardians of u. S. Citizens. That is a couple million individuals there. They are considering the possibility of expanding a deferred action plan they put into place in 2012 for children brought to the u. S. That was a plan tha
Off, i could spend my time weeping, but very ritzholtz is with us. Into the dig right newsfeed, we have a lot to talk about. From the short side is dont announced you have short a billion dollars in anything, you just get squeezed to death. They with us. What else are we focused on . The Real Estate Market taking a breather. Home prices rose at the slowest pace in more than a year which is according to the case schiller index. Prices were up 9. 3 . Anyonetime high flying stock sync technologies is back to where it started. Its shares have officially sunk. It felt to . 60 a share. Earlier it rose to . 22 a share. Is despite having no revenue. Regulars halted trading for 10 days. Donald sterling is one step closer to losing his la clippers. A california judge ruled that sterlings estranged wife could sell the team to the former microsoft ceo steve ballmer. Two doctors had found that sterling is mentally incapacitated. From dick hearing parsons at 3 p. M. Eastern. Another big name, you ju
Is your done with shrimp and soybeans. Lets go to su keenan for headlines. Su . Thane trade is down more 10 . The Company Posted secondquarter profits that trailed analyst estimates as Sales Volumes the clyde. The net income is 70 . It missed analyst projections. Meanwhile, Darden Restaurants ceo Clarence Otis will step down as chairman and chief executive officer. Otis will continue to serve as ceo until a successor is appointed. Last year, darden drew the ire after his selling red lobster, which is suffered from the climbing sales. And zillow has agreed to urges trulia in anchase all stock deal. And those are the top at once. Back to you. All right, su keenan. Thank you very much. Herbalife is a stock that bill team. Called a ponzis it missed analysts estimates. The stock is down sharply in afterhours trading. Joining me from atlanta, between joined stanford. Thanks for joining taking stock. What is the big take away from bees numbers . Herbalife has had a long straight, 20 one quart