ruet
ruet's JournalFTC Announces Rule Banning Noncompetes
Source: FTC
Today, the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation.
“Noncompete clauses keep wages low, suppress new ideas, and rob the American economy of dynamism, including from the more than 8,500 new startups that would be created a year once noncompetes are banned,” said FTC Chair Lina M. Khan. “The FTC’s final rule to ban noncompetes will ensure Americans have the freedom to pursue a new job, start a new business, or bring a new idea to market.”
The FTC estimates that the final rule banning noncompetes will lead to new business formation growing by 2.7% per year, resulting in more than 8,500 additional new businesses created each year. The final rule is expected to result in higher earnings for workers, with estimated earnings increasing for the average worker by an additional $524 per year, and it is expected to lower health care costs by up to $194 billion over the next decade. In addition, the final rule is expected to help drive innovation, leading to an estimated average increase of 17,000 to 29,000 more patents each year for the next 10 years under the final rule.
Noncompetes are a widespread and often exploitative practice imposing contractual conditions that prevent workers from taking a new job or starting a new business. Noncompetes often force workers to either stay in a job they want to leave or bear other significant harms and costs, such as being forced to switch to a lower-paying field, being forced to relocate, being forced to leave the workforce altogether, or being forced to defend against expensive litigation. An estimated 30 million workers—nearly one in five Americans—are subject to a noncompete.
Read more: https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes
New Videos Contradict NYPD Account of Lead-Up to Times Square Attack on Cops
Source: The City
The district attorney’s office declined to provide additional comment on the videos, and a spokesperson for the NYPD didn’t return a request for comment.
Robert Gangi, the director of the Police Reform Organizing Project, said the more complete picture of the encounter shown on the videos raised questions about why the police had approached the men in the first place, and then physically accosted Brito as he was walking away.
“Why were the cops giving them a hard time, when they didn’t seem to be doing anything that calls for that?” he wondered. “It does not justify the men throwing them on the ground and kicking them. But it seriously calls into question the behavior of these cops.”
The sequence of events captured on the videos is “not what was portrayed or presented when we first got the story,” Gangi said.
Read more: https://www.thecity.nyc/2024/02/08/times-square-migrants-arrests-body-camera-footage-contradicts-nypd-account/
I fvc#ing told ya'll and you fomented a conservative anti-immigration wet dream anyways.
White House Clarifies Biden's Claim He Saw Photos of Terrorists Beheading Children in Israel-Hamas..
Source: NBC News
After the comments, the White House clarified that Biden had read news reports.
President Joe Biden painted a vivid picture of the horrors of the Israel-Hamas war in remarks to Jewish community leaders Wednesday — but the White House later had to clarify his claims.
“I never really thought that I would see and have confirmed pictures of terrorists beheading children,” Biden said in broader remarks about his administration’s support for Israel amid its war with Hamas and efforts to free American hostages.
The White House did not immediately respond to a request for further details about Biden’s remarks. Two senior administration officials said Biden was referring to reports from Israel about beheaded children and cited several media reports of beheadings.
NBC News has not confirmed those reports. IDF Spokesperson Maj. Doron Spielman told NBC News: "That specific report and that number I can’t confirm."
Read more: https://www.nbcnews.com/politics/white-house/biden-deliver-remarks-roundtable-jewish-community-leaders-rcna119865
Record Chicken Prices Squeeze US Shoppers, Benefit Tyson Foods
Source: Reuters
Chicken prices at U.S. grocery stores have hit record highs and should stay elevated as Tyson Foods and other companies dial back poultry production to boost margins while inflation-weary shoppers buy chicken instead of beef and pork.
Higher chicken prices should improve earnings at top producers Tyson (TSN.N) and Pilgrim's Pride (PPC.O), but will pinch consumers' pockets as they try to save money by turning away from higher-end proteins. One index shows chicken producer profit margins at their highest in a year.
U.S. consumption of chicken is expected to exceed 100 pounds per person this year for the first time ever, data from the U.S. Department of Agriculture shows.
Beef consumption is forecast to drop to its lowest since 2018, as prices climb due to dwindling cattle supplies. Meanwhile, consumer spending cuts have knocked pork consumption to the lowest since 2015.
Read more: https://www.reuters.com/business/retail-consumer/record-chicken-prices-squeeze-us-shoppers-benefit-tyson-foods-2023-10-05/
Someone tell me about this whole "supply and demand" thing. Dead-end Capitalism strikes again.
Small Town Cops Raid Newspaper and Reporters' Homes
Frackers Can Use Dangerous Chemicals Without Disclosure Due to "Halliburton Loophole"
Frackers can use dangerous chemicals without disclosure due to “Halliburton loophole”
The so-called Halliburton Loophole, named after the oil and gas services company once headed by former Vice President Dick Cheney, means that the industry can use fracking fluid containing chemicals linked to negative health effects including kidney and liver disease, fertility impairment, and reduced sperm counts without being subject to regulation under the act.
While environmentalists and public-health campaigners have long called for closing the loophole, they haven’t known how many of the regulated chemicals are used by the industry, how often the industry reports their use in its fracking disclosures, what quantities of the chemicals are used, and how often the industry chooses not to identify its chemicals on the grounds that they are proprietary.
Now, some of that data is publicly available in a study by researchers at Northeastern University and three other colleges. The paper, published in its final form in February, reports that the industry uses 28 chemicals regulated under the Safe Drinking Water Act and discloses them in up to 73 percent of its reports of fracking activities to FracFocus, an industry-sponsored database.
Between 2014 and 2021, the industry used 282 million pounds of the regulated chemicals, a number dwarfed by the 7.2 billion pounds of chemicals that were reported but not identified on the grounds that they are proprietary or trade secrets, the paper said.
Fired, Jailed, Sued - Can NEVER Be A Cop Again
Scientist Reacting to the UAP Hearing in Congress with Dr. Jacob Haqq-Misra
If you don't watch/listen to the WHOLE video, don't bother commenting on it.
"Not for Employee Use": Why Are US Retail Workers Being Denied Chairs?
"Not for Employee Use": Why Are US Retail Workers Being Denied Chairs?Standing for long periods of time is part of the job description for servers, cashiers and retail employees – and managers want it that way. In the 1960s, Ray Kroc, the CEO who took McDonald’s from a small-time local chain to a global franchise, had a catchphrase: “If you’ve got time to lean, you’ve got time to clean.” Today, it’s still uttered by bosses in kitchens and warehouses to deter workers from slacking off – or merely taking breaks.
It’s a uniquely American ethos. Cashiers in Europe, and notably at the German grocery store Aldi, are welcome to sit down during their shifts. Zay said a British friend who had visited the US recently was jarred by the sight of workers constantly on their feet: “Why are they all standing?”
The same rules do not apply, obviously, to people with desk jobs. (Though sedentary workers face their own share of ailments that come from a life of sitting down from 9 to 5.)
“I think it’s a very classist thing,” Zay said. “No one would dare criticize a lawyer for sitting on the job. But in retail or the service industry, when the job is deemed to be unskilled labor, people get irrationally offended when they see you sitting.”
Profile Information
Member since: 2003 before July 6thNumber of posts: 10,039
