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  • US judge strikes down Biden administration ban on worker ‘noncompete’ agreements

    08/20/2024 8:41:42 PM PDT · by CFW · 46 replies
    CNN news ^ | 8/20/24 | Jeanne Sahadi
    A federal judge in Texas on Tuesday barred a US Federal Trade Commission rule from taking effect that would ban employers from requiring their workers to sign non-compete agreements. The ban, which had been scheduled to go into effect nationwide on September 4, is now effectively blocked. US District Judge Ada Brown in Dallas said the FTC does not have the authority to ban practices it deems unfair methods of competition by adopting broad rules. “The Court concludes that the FTC lacks statutory authority to promulgate the Non-Compete Rule, and that the Rule is arbitrary and capricious. Thus, the FTC’s...
  • U.S. appeals court rejects challenge by 4 states to state and local tax cap

    10/05/2021 9:50:46 AM PDT · by cotton1706 · 25 replies
    msn.com ^ | 10/5/21 | Jonathan Stempel
    A federal appeals court on Tuesday rejected efforts by four Democratic-leaning U.S. states to overturn former Republican President Donald Trump's decision to limit federal deductions on state and local taxes. In a 3-0 decision, the 2nd U.S. Circuit Court of Appeals in Manhattan said the federal government had authority to impose a $10,000 cap on the state and local taxes that households' itemizing deductions could write off their federal returns. The decision is a defeat for New York, Connecticut, Maryland and New Jersey, which challenged the so-called SALT cap implemented as part of a $1.5 trillion tax overhaul in 2017....