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Business Regulations

All articles tagged with #business regulations

businessenvironment1 year ago

"SEC Temporarily Pauses Climate Disclosure Rule Amid Legal Challenges"

The Securities and Exchange Commission (SEC) has temporarily suspended its rule requiring private companies to disclose carbon emissions data after facing multiple lawsuits, including from 25 GOP attorneys general and various business groups. The rule, part of the Biden administration's climate agenda, was criticized for its potential financial impact on businesses. The SEC's decision to suspend the rule comes as litigation continues, with opponents arguing that the mandate exceeds the SEC's authority and would impose significant costs on businesses.

via Fox News|
#biden-administration#business-regulations#businessenvironment
business1 year ago

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

A new law in New York requires businesses to disclose credit card surcharges to customers at the point of sale, ensuring transparency and preventing surprise fees. Starting this weekend, businesses must display the total cost of goods or services with a credit card, including surcharges, before customers check out. The law aims to build trust between businesses and communities by empowering patrons to budget accordingly and will require surcharges to reflect the exact amount charged by credit card companies.

via NBC New York|
#business#business-regulations#consumer-protection
business-politics2 years ago

"Biden Administration's Contractor Rule to Disrupt Gig Economy"

The Biden administration is set to release a final rule that will make it harder for companies to classify workers as independent contractors, requiring them to be considered employees entitled to more benefits and legal protections. This rule, likely to face legal challenges, will impact a range of industries, particularly app-based services heavily reliant on contract workers. The new regulation replaces a Trump-era rule and is expected to increase labor costs for many sectors, potentially affecting nearly 40% of U.S. workers who engage in freelance work.

via Reuters|
#biden-administration#business-politics#business-regulations
urban-development2 years ago

"NYC Businesses Face Trash Bag Pile Ban in Mayor Adams' Anti-Rat Battle"

Starting in March 2023, New York City businesses will be banned from piling trash bags on sidewalks, instead requiring them to use lidded bins. The policy aims to cut off rats' food sources and improve cleanliness. Businesses must pay for private garbage collection, and shop owners will have flexibility in choosing the type of bins as long as they have secure sides to keep rats out. New rules also restrict residential garbage from being put out before 8 p.m. if not in a container. The city has seen a decrease in rat reports and an increase in sanitation-related tickets. Noncompliant businesses could face fines for violating the new regulations.

via Gothamist|
#business-regulations#nyc#rat-control