Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.
I'm Business columnist David Lazarus, and here's a rundown of upcoming stories this week and the highlights of last week.
Looking Ahead
PayPal goes solo: Shares of PayPal Holdings Inc. will start trading on Nasdaq today. eBay Inc. announced last year that it would spin off PayPal, its electronic payment unit, amid heavy pressure from billionaire financier Carl Icahn and other activist investors. PayPal had $8 billion in revenue last year, almost as much as eBay.
Minimum wage: Los Angeles County supervisors are expected to vote Tuesday on a plan to increase the minimum wage to $15 an hour by 2021 from the current $9.