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Arms

Martyn Turner Cagle

NLRB Poster Rule Likely Dead After Second Federal Court of Appeals Ruling

Amanda Becker Reuters
The decision on Friday by the 4th U.S. Circuit Court of Appeals rejected a 2011 rule that required employers to post, physically or electronically, a notice describing workers' rights under the National Labor Relations Act. It was the second time in as many months that a federal appeals court has rejected the rule, after the District of Columbia Circuit Court of Appeals said last month the poster rule violated employers' free speech rights.

Go Get 'Em

Joel Pett Lexington Herald-Leader

Loeb Opposes Teachers Union on Pensions as Asness Quits

Martin Z. Braun and Amanda Gordon Bloomberg
In April, the union included four billionaires on its “watch list” of money managers that support groups the labor organization said are hostile to traditional public pensions. The groups included StudentsFirst, an organization that backs eliminating tenure and funding charter schools at the same level as public ones. Daniel Loeb, founder of Third Point LLC, an activist investor is the only one of 33 managers targeted by the AFT to push back publicly against the union.