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Legislative & Regulatory News

Fox News reports, “President Obama unveiled a long-awaited plan to drastically expand the number of people eligible for overtime pay, in a move that he said would ensure ‘"hard work is rewarded"’ -- but that critics warn could hurt job growth at a fragile time. Under the proposal unveiled late Monday, salaried workers who earn nearly $1,000 per week would become eligible for overtime pay. The rule from the Labor Department would more than double the threshold at which employers can avoid paying overtime, from the current $455 a week to $970 a week by next year. That would mean salaried employees earning less than $50,440 a year would be assured overtime if they work more than 40 hours per week, up from the current $23,660 a year."  Fox News Read More...

Legislative & Regulatory News

Second Obamacare challenge dies at the bench in 6-3 decision. The Hill Read More...

Legislative & Regulatory News

“Opt Out” Legislation provides States with the Power to Avoid Certain EPA Regulations implemented for the purpose of halting Climate Change. The House voted Wednesday to delay the EPA's controversial climate rule for power plants and allow states to opt out of complying under certain conditions. The bill was passed in a 247-180 vote, weakening President Obama's efforts to combat climate change. The Ratepayer Protection Act introduced by Rep. Ed Whitfield (R-Ky.) would allow states to opt out of the rule if they determine it would raise electricity prices or interfere with power reliability. Read More...

Industry & Manufacturing News

STIHL Inc. announced June 29 that president Fred Whyte will retire at the end of this year.  Whyte has been part of the STIHL group for 44 years, and president of STIHL Inc. for 23 years.  Under Whyte’s presidential tenure, the company experienced record growth and achieved the status as the number one selling brand of gasoline-powered handheld outdoor power equipment in America. Bjoern Fischer, presently STIHL Inc. vice president of finance, will assume the duties of president January 1, 2016.  Fischer has been with the company since 2012, and currently oversees the financial operations of the company as well as the human resources and information services departments.  Stihl Read More...

Legislative & Regulatory News

Congressional Republicans are using the power of the purse to do battle against a series of controversial labor regulations from the Obama administration. They say the National Labor Relations Board (NRLB) gave a gift to labor unions by issuing what they call an “ambush election” rule that speeds up the process for organizing in the workplace. The Hill  Read More...

Legislative & Regulatory News

Congress should "take control" of the federal regulatory system before it grows out of control, says Sen. Ron Johnson (R-Wis.). The Senate Homeland Security and Governmental Affairs chairman is calling for a "subtractive process" to keep the cost of regulations in check. Read More...

NAEDA & Association News

Beginning October 1, 2015, all businesses that accept in-person payments must be able to take cards embedded with chips, or risk being responsible for card fraud losses. Chip cards are more secure than magnetic stripe cards, which data thieves can easily skim for cardholder information. Read More...

Legislative & Regulatory News

A monthly USDA report on egg production and chicken flocks reveals the depth of the impact of bird flu on the nation’s egg producers. In the report released Monday that May’s national table egg production fell 6½ percent from last year to 6.86 billion eggs. Laying hen numbers fell 8 percent to 329 million as of June 1. Read More...

Legislative & Regulatory News

The EPA will be in Kansas City today for their hearing on the proposed Renewable Fuels Standard rules. The hearing begins at 9 a.m. Central at the Jack Reardon Center. Read More...

NAEDA & Association News

On June 23, 2015, Federated is pleased to provide NAEDA members access to a complimentary webinar hosted by EnquironTM titled “Employment Tort Exposures and the Affordable Care Act.” This webinar will focus on:

ACA initiatives and privacy issue
Best practices for record keeping
How to deal with clawback issues and ACA whistleblowers
Conflict between ACA, GINA, and ADA Read More...

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