Tip Pooling To OMB

Earlier this week while attending an excellent CFA Forum and Lobby Day in Washington DC, we learned that the Department of Labor sent a revised rule on tip pooling to the White House Office of Management and Budget for approval. OMB must approve new regulations before they are published in the Federal Register. The proposed…

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Miscellaneous

McDonalds reported strong sales worldwide but missed earnings by one cent this week. In their earning report call earlier this week, the Golden Arches reported US Same Store Sales were up 4.1%, a full half point above projections. They also announced they are rolling out a national $1/2/3 platform soon, a platform they hope will…

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NLRB Set, Trump Nominates New FTC Chair

With the National Labor Relations Board now at full strength, with his final Director appointments confirmed, sworn in and seated, President Trump this week announced his nomination of antitrust attorney Joseph Simons as the new chairman of the Federal Trade Commission (FTC). Simons, whose formal appointment is also subject to US Senate confirmation, is co-chairman…

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IRS Formally Withdraws Section 2704 Regs

As the US Treasury advised would happen a few weeks back, the Internal Revenue Service this week officially withdrew the Section 2704 regulations implemented by the Obama administration last year. Ostensibly, the regulations targeted the process of valuation of business interests for estate or gift tax purposes with an eye of more stringently taxing family…

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It’s Not Just Hollywood

In the wake of the drumbeats of alleged sexual abuses and harassment of women by movie mogul Harvey Weinstein and Amazon Prime Videos executive Roy Price, we noted that SEIU, the labor organization self-described as “united by the belief in the dignity and worth of workers” suspended Executive Vice President Scott Courtney over nepotism charges.…

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New Minimum Wage Tentacles

Notwithstanding difficulties within the SEIU offices as outlined above, their push for increased minimum wages seems to be growing new appendages in some locales around the country. Earlier this month, the Common Council of South Bend Indiana expanded its current minimum wage requirement when it voted to tie tax abatements for private businesses to minimum…

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Just One Week Away

That’s right, the 2017 DDIFO National Conference is literally ‘just around the corner’, beginning one week from Monday, October 30 at Foxwoods Resort and Casino in Connecticut. We again encourage those franchise owners who’ve yet to register to attend and join your peers and hearing an outstanding schedule of speakers including Don Fox, CEO of…

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Brown Expands Paid Leave, Vetoes Wage-shaming

As the clock wound down, California Governor Jerry Brown signed a number of workplace related bills and vetoed others that could have been devastating to business interests. AB1209, the Gender Pay Gap Transparency Act, which the Governor vetoed and business labeled a “job-killer” would have required companies with 500 or more employees in California to…

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Soda Tax Going Flat in PA

The City of Brotherly Love passed a special tax on sugary beverages back in June of 2016 with many promises from Mayor Jim Kenney about the money the levy would generate without hurting Philadelphia businesses. It now seems he was wrong on both counts! We’ve advised in the past how the money the tax has…

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Right To Work Upheld In Seattle

A judge in Seattle issued a ruling last week boosting efforts of right to work advocates in Washington state. In hearing a challenge brought by Seattle local union of the SEIU, local 775, King County Superior Court Judge Steve Rosen dismissed a claim by SEIU 775 that a local think tank’s efforts to inform employees…

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