KFBK Morning News Show Daily Recap - Wednesday November 1st

Lead Stories:

  1. Former Major League Baseball player Danny Serafini is pleading not guilty to charges he killed his father-in-law and tried to kill his mother-in-law at their Lake Tahoe home in 2021. He appeared in a California court room Tuesday to enter his plea. Click here to read more.
  2. California is likely falling into a deeper budget shortfall than originally projected. When the tax filing deadline was extended to mid-October due to the impact of California's winter storms, the State Department of Finance expected California would collect 42 billion tax dollars in October. The actual number is closer to 18 billion. Click here to read more.
  3. Forecasters say another round of rain is on the way for the Sacramento valley. Starting tomorrow, the National Weather Service says the region will see light showers and that it will increase by Friday night into Saturday and Sunday. Today is expected to be slightly warmer before the rain moves in tomorrow. Click here to read more.
  4. Some fast food companies, like McDonald's and Chipotle, are already concerned about having to raise prices in California due to the new $20 an hour minimum wage law. Fox Business is reporting that on the last McDonald's earning call, CEO Chris Kempczinski says the wage law will impact the California franchisees, even hinting at price increases and analyzing productivity of the restaurants. Click here to read more.

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