Posts tagged SEC
Boeing Will Pay Furloughed Staff But Cut 10% Of Jobs After Settling Strike
November 11, 2024 // Ortberg also reiterated the companys plans to slash its workforce by about 10% of its 170,000-strong headcount across the US and other countries. The CEO first detailed these plans on October 11, when Boeing published its preliminary Q3 results. At the time, the executive said that the company had to reset its workforce levels to align with its financial reality and to focus on critical priorities.
Feeding the Kitty
September 30, 2024 // Unions have pursued shareholder resolutions asking for a “free and fair election process,” meaning card check and neutrality. They have also sought to pass resolutions demanding audits of a company’s labor practices. It’s not hard to see how a future resolution could explicitly try to prohibit companies from using independent contractors.
Commentary: Is the NLRB Unconstitutional? The Courts May Finally Decide.
December 6, 2023 // While many agencies act politically, the Board is a special problem. Unlike other agencies, the Board makes almost all its decisions not through rulemaking, but through one-off panel decisions. That means it can change policy much faster. The “law” can swing wildly from case to case. In fact, according to one study, the Board during the Obama administration reversed a group of decisions that had been on the books for more than a collective 4,500 years. The Board’s constitutional flaws are also different from those of other agencies. For example, in a recent case involving the SEC, the Fifth Circuit Court of Appeals held that the agency’s structure violated the Seventh Amendment. That was because the SEC can impose civil fines—the kind of claims that must be tried to a jury. The Board has no authority to impose civil fines, so it doesn’t have the same Seventh Amendment problem. Its problem instead comes instead from its unchecked power to decide cases. It controls the outcome in disputes affecting a range of private rights. And those disputes, according to Article III of the Constitution, should be decided only by real judges.
PSERS SCANDAL CONTINUES TO ROCK PENNSYLVANIA AND THE UNION BOSSES
November 15, 2021 // The PA Public School Employees’ Retirement System (PSERS) was under investigation by FBI for bribery, kickbacks as investment returns were severely inflated at same time spending millions to buy up real estate in Harrisburg