OSHA Drops “Walk-around Rule”

More good news from the Trump administration as the Occupational Safety & Health Administration (OSHA) has officially rescinded another Obama-era pro-union rule. The so-called “walk-around rule”, implemented back in 2013, effectively changed the OSHA allowing a third-party to “walk-around” with the inspector so long as he/she made a “positive contribution”! Previously, the standard required that…

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DOL Asks For Delay on Persuader Rule

With new Secretary of Labor Alex Acosta just getting sworn in, his Department of Labor has asked a Minnesota federal court for a further delay in its response deadline on a legal challenge to the Obama-era persuader rule. The rule, redefined under the previous administration, expanded the categories of “persuaders” – those hired to defeat…

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House Backs Comp Time Option

As you now know, the US House yesterday afternoon passed the American Health Care Act of 2017 that repeals and replaces Obamacare, but the major media outlets will provide you with all the details on that issue. Perhaps equally important to you, it also passed the Working Families Flexibility Act of 2017 (HB1180) by a…

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Minimum Wage Goes Global

Yes, there is an international angle regarding minimum wage mandates that we want to get to, but let’s update American issues first. At the federal level, the National Urban League, which is an advocacy organization for urban communities across the country, released its annual State of Black America Report earlier this week. The report, which…

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Paid Leave Debates Ongoing

It’s possible to next become law in Maryland as Governor Larry Hogan seems to be considering signing a paid sick leave mandate into law. That fact is worth noting given that Hogan had previously announced the proposal “dead on arrival”. The Governor had previously proposed his own paid sick leave bill that applied to 50…

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Soda Tax Yields Money & Layoffs

The city of Philadelphia has been quick to point to the millions of dollars in new revenues being generated by Mayor Jim Kenney’s new tax on soda, but now they have to grapple with the fact that Coca-Cola has laid off some 40 employees as a result of the drop in sales in the area.…

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Dunkin’ Doings

Dunkin’ Brands unveiled disappointing Q1 earnings on its earnings call Thursday as same store sales in Dunkin’ were flat with ticket +3 and transactions -3. Still, they beat estimates by $.06 EPS, and exhibited a solid management tone on the call with the stock closing up 44 cents for the day. Several interesting takeaways include…

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Competitor News

We noted last week that Starbucks is developing its latest Reserve Roastery in the former flagship Crate & Barrel store on Northern Michigan Avenue in downtown Chicago. Scheduled to open in 2019, the Roastery will total 43,000 square feet on the Magnificent Mile.  It was also reported just yesterday, that Starbucks is planning to expand…

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Trump Tax Reform

President Donald Trump released his plan to radically remake the tax code on Wednesday. According to initial media reports, the President’s proposal would slash the corporate tax rate, boost the standard deduction for individual taxpayers and eliminate the estate tax entirely. In addition, the plan would also repeal the Alternative Minimum Tax for individuals as…

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And Not A Moment Too Soon

At long last, there is a new Secretary of Labor and a full Cabinet for President Trump as Alex Acosta was finally confirmed to the post by the US Senate a full 98 days into the Trump administration. Acosta, who was nominated by President Trump after his first choice, Andy Puzder, withdrew from consideration after…

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