First on the list for quick hits is Pizza Hut is laying off all of its drivers because of what is going on with the minimum wage over there in California. Take a look. Pizza Hut restaurants across the state will no longer use their own employees to deliver pizza. Franchise owners are expected to cut more than a thousand delivery drivers starting in February. KTV's Lamonica Peters live now in San Jose with more from a local analyst who tells us how the new minimum wage requirement plays a role in this decision. 

Lamonica, Julie. I spoke to an analyst who says that Pizza Hut isn't known for delivering pizzas and now that they are asking them to pay higher wages to their drivers, it's just not working for their bottom line any longer. Pizza Hut restaurant, nicer pizza. You ate in there. The home delivery was never the core part of their business. Starting in February, Pizza Hut lovers will no longer be able to order delivery directly from the local restaurant. 

And one customer we spoke to isn't happy about it. I think it's a horrible decision. We should definitely put money in the community so everybody can survive. Everybody out here is having a hard time right now, and finding people is not the solution, man. Pizza Hut franchise owners recently announced that they will cut over 1200 delivery jobs throughout the state next year. In April, under Assembly Bill 1228, the minimum wage requirement for fast food restaurants increases to $20 an hour. 

Pizza Hut will now have its customers rely on companies like Grubhub, DoorDash and Uber eat for deliveries. So essentially what you're experiencing now is business and capitalism doesn't go away. It's just the facts. Business and capitalism is never going away. So Pizza Hut is not going to go away. And what you'll see is this is the first domino to fall. And whereas we used to have jobs for teenagers and McDonald's and delivery drivers was a way for people to make extra money or to get to a little bit extra of a bag or for people to get their first jobs and stuff like that, it's not going to be like that anymore. 

And what you'll find is something similar to what you see happening over here in Miami, in Miami, which is beneficial for doordashes and stuff like that. And Uber Eats because they have good weather all year round, is that every single delivery driver does not even really speak English. Every delivery driver since I first visited and lived here during the pandemic, all of them came over here on a little scooter. 

They all wait around in the downtown areas and stuff in order to get a delivery. And they jump on a scooter similar to what I've seen over in the Dominican Republic, and they deliver your stuff and most of these people can't even speak English. And so what they're doing is they're now outsourcing the same way that you've seen these larger companies outsourcing the jobs. And they're not going to be directly tied to what it is that we are usually used to. 

And so you're not going to get an official pizza hut delivery driver. All of these companies are now going to rely on DoorDash, Grubhub and Uber Eats and the like in order to get their stuff delivered. Now, the question that we need to ask ourselves because we don't really care about the complaining of what is happening because the California laws and these places are going to be so woke that they basically going mine themselves out of a job or they're going to over innovate to where most regular people will not be able to get regular jobs because it's not going to be enough to go around or what you're going to see is a change as far as how the migrant crisis is starting to affect what it is that we got going on from a job perspective. 

Right. But we don't care as bag chasers. And you know why we don't care? Because we understand that the market is going to do what the market is going to do. So the question that we need to ask ourselves, and this is something that we're going to evaluate in stock club once we get that part into the Patreon starting next month of 2024 in January. If you're not a part of the Patreon link is in the description as well as pinned to the top of the chat. 

We need to start paying attention to the other companies that's going to be affected and what their bottom line is going to do. Now that a lot of these companies, especially that's over in California, that used to be delivery companies and all of these companies are starting to be overly dependent. Because I think that Grubhub, Doordash and the Uber Eats division is much different than the Lyft and the Ubers, right? The Lyft and the Ubers and the black cars, they've never really made money because they was trying to compete for market share. 

The Grubhub's and the Uber Eats, they have a completely different business model. And I'm not sure if that's something that we need to be looking into because changing conditions always create bigger winners and losers. So it's something that we need to evaluate as far as which companies do we probably need to make a stock play, how they're going to be affected? Or do we just sit tight and then allocate our resources into other blue chip companies that maybe be more productive, maybe is a little bit more productive as far as our bottom line and our portfolio and growth is concerned. 

Right. But I'm more concerned with, in a way, my mind works is, okay, the market is being upended. Who are the new winners and who are the new losers? That's how I look at things. All right, in other news, in addition to that, the last Dodge challengers 300, everything that's on that frame, that body has rolled off the line. Ladies and gentlemen, let me bring you all up to speed of what's going on with that. 

All right, so this is the process from start to finish of what it looks like. And this is where I used to work at. I used to work in a steel mill and I used to go through the pickling line. The pickling line is an opportunity for you to actually clean the steel and make it and prep it and get it ready for it going over to stamping and stuff like that. 

Right. And I also used to work in a shipping yard and stuff. Shout out to the super chats. I'm definitely going to be reading those super chats shortly. Let me move forward a little bit so I can show y'all what this looks like on the line, because these are the literal last vehicles of this body style that is coming off the line for Stalanis, formerly known as Chrysler. 

And the last Dodge Challenger officially came off the line the other day. Right. And then the finished product was that. That is the actual one that came off. The very last one that came off the line. But the l platform's run is over. And a final ever example of a Dodge Challenger and charger as we know them today, wrote off the production line in Brampton, Ontario, Canada on December 22. 

And a final 300 rode off the line on December 20. They say that it was a velvet red three hundred s. The final charger was a destroyer, gray scat pack, wide body. And people broken up, they broken hearted as a result of it. No longer are they going to be able to steal it and you're going to be see these people running through without tearing it up. And it's going to be less of them on the streets and stuff like that. 

And they made a lot of money. They made a lot of money off that 6. 2 liter v eight and they generated a lot of revenue as a result of it. But the final charger, challenger and 300 rolled off the line of Ontario pretty recently. So last but not least, ladies and gentlemen, before we get into the show. Show Apple. Okay, Apple is having trouble. And some of their watches is being banned from being sold here in the United States of America. 

Let me bring you all up to date on that. Also in business news, the clock may be ticking on the fate of Apple's smartwatches. Today, the tech giant appealed A-U-S. Trade ban on the imports of the company's new smartwatches over a patent dispute. CBS's Elise Preston reports on what the ban means for health conscious consumers. If you didn't get the newest Apple Watch for Christmas, you might have missed your chance, at least for now. 

The dispute over patented technology is bringing sales of the smartwatches to a halt in the US. The Apple series nine and ultra two watches can read oxygen levels in the blood, a feature that medical device company Massimo says infringes on its patents. Apple and Massimo, they've each accused each other of various patent infringements. And this is very common. It's just rare that at this point they're actually pulling a product off store shelves, which does not happen very often. 

Apple watches can measure a number of other health indicators. I can still do other things with the watch, and it's definitely not the reason I purchased it. The band comes at a time when the popularity of these devices is booming. In North America alone, the market for wearable medical devices has grown to nearly $14 billion. And that's expected to more than double in five years. Apple is the largest seller of smartwatches in the world. 

In a statement, the company says it strongly disagrees with the decision and is taking all measures to return the watches to customers in the US as soon as possible. Meanwhile, Massimo calls the move a win for the integrity of the US patent system and consumers. Do you foresee Apple just writing a know? Apple has the ability to certainly write a check to settle almost any dispute. It's not their biggest business, but it's a nice business, it's a significant business, and it ties into so many of their other products. 

So essentially what you've seen is the White House basically declined to overturn the ban and basically they're banning and they're preventing certain watches from being able to hit the market. Even at a time where basically the Apple Watch is booming, is one of the biggest products that Apple have in its portfolio. And so certain watches that measures certain things like the oxygen levels and all of the different innovations that Apple is putting into these devices that people love. 

But it's not necessarily the main reason why they buy these watches. The Biden administration basically had until the end of Christmas Day to overturn a US International Trade Commission ruling that prevents Apple from selling Apple Series Watch nine, an Apple Watch Ultra two, which I have an Apple Watch Ultra one, I don't even have the Apple Watch Ultra two, but among other newer models because they violate patents registered to a company Massimo. 

But as expected, it did not intervene and it said the US Office of Trade Representatives confirmed the decision in a statement on Tuesday. And they said after careful consultations, Ambassador Ty decided not to reverse the ITC's determination. And the ITC's decision became final on December 26 and Apple had already taken the offending watch models offline on its store and Apple Store locations open Tuesday without any of the latest top of the line watches in stock. 

A cheaper Apple Watch SE, which was not part of the ruling, were made on sale. But the ban affects the Apple Watch Series six and later in all models of Apple Watch Ultra. So if you did not get certain Apple watches as far as the latest models of them, then you probably will be affected if you decide that that's what you want to do. .