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Business Law

All articles tagged with #business law

business-law1 year ago

"Supreme Court Rulings Impacting Employment Discrimination and Diversity Programs"

The U.S. Supreme Court issued a unanimous ruling making it easier for workers to sue employers for discrimination if they’re forced to transfer jobs within an organization, impacting HR departments across the country. The decision lowers the bar for how much harm employees must prove to bring a discrimination case, requiring HR to apply a new level of scrutiny and forethought to employee-related decisions, carefully documenting their decision making and broadening the scope of their responsibilities. This ruling also means that HR leaders will have to work directly with more employees than ever before and extend beyond unwanted job transfers to other personnel decisions, demanding even more strategy and clarity from HR departments moving forward.

business-law1 year ago

"DOJ's Antitrust Suit Targets Apple's iPhone Monopoly Nightmare"

The Department of Justice's decision to file its antitrust lawsuit against Apple in New Jersey may be influenced by the Third Circuit's favorable law for plaintiffs on monopolization issues, as evidenced by the DOJ's previous victory in a similar case against dental supply company Dentsply. The DOJ's case against Apple is built on principles established in its antitrust lawsuit against Microsoft, and the choice of New Jersey as the venue may also be related to the presence of Samsung, a meaningful competitor to Apple, whose US headquarters are located in the district.

business-law1 year ago

ADM Faces US Justice Department Probe Over Ethanol Trading and Accounting Irregularities

The US Justice Department is investigating Archer-Daniels-Midland's (ADM) ethanol trading operation as part of a broader probe into the company's accounting practices, focusing on whether ADM improperly accounted for hedges in its ethanol trading unit. This additional scrutiny comes after ADM confirmed a separate investigation into its Nutrition unit and disclosed that it had overstated the Nutrition unit's operating profit in its financial statements. ADM shares have dropped about 15% since the firm disclosed in late January that it had suspended its chief financial officer and was delaying financial results amid an internal probe.

business1 year ago

"Understanding New York's Latest Credit Card Surcharge Law"

New York's new law requires businesses to disclose any additional credit card surcharges before customers check out, aiming to provide pricing transparency and protect consumers from surprise fees. The law also prohibits businesses from charging customers more in credit card surcharges than what the business is charged by processing companies. Businesses must clearly display the total cost of purchasing items with a credit card and cannot simply post a sign stating a percentage surcharge. The law aims to empower patrons to budget accordingly and build trust between businesses and communities, but it does not apply to debit cards.

business1 year ago

"Understanding New York's Latest Credit Card Surcharge Law"

New York's new law requires businesses to disclose any additional credit card surcharges before customers check out, aiming to provide pricing transparency and protect consumers from surprise fees. The law also prohibits businesses from charging more in credit card surcharges than what they are charged by processing companies and requires clear disclosure of the additional percentage. Governor Kathy Hochul emphasized the importance of transparency in building trust between businesses and communities, while noting that the law does not apply to debit cards.

business1 year ago

"New York State Implements Law Requiring Transparency in Credit Card Surcharges"

A new state law in New York now requires businesses to either advertise the higher credit card price as the standard or display both a credit card price and a cash price, aiming to increase transparency for consumers. Violating businesses could face fines up to $500, and consumers can file complaints with the New York State Division of Consumer Protection if they believe they were charged illegally.

business-law2 years ago

"Small Businesses Across Multiple States Face New Reporting Requirements"

Most Alabama small businesses are now required to disclose ownership information to the federal government under the Corporate Transparency Act, with exemptions for larger entities. The new law aims to prevent money laundering but has raised concerns among small business owners about the burden of compliance, potential penalties, and the need for constant updates on ownership changes. The law has sparked worries and additional costs for small businesses, with many questioning who will take responsibility for filing and monitoring the required disclosures.