Tag: finance

August 13, 2020

A judge for the US District Court for the Western District of Missouri on Wednesday denied an insurance company’s motions to dismiss two cases in which businesses contended that business interruption insurance should cover COVID-19 losses. Businesses in Missouri and […]

August 13, 2020

Employers are legally required to pay a certain minimum wage to their employees, $7.25 an hour to comply with federal laws. In addition, employers need to pay overtime (at least 1.5% of the regular pay rate, or “time and a […]

August 12, 2020

The US Supreme Court issued an emergency order Tuesday staying a district court order granting preliminary injunctions in an Oregon redistricting ballot measure. The ballot measure could drastically alter how Oregon draws its legislative and congressional districts. The “People Not […]

August 11, 2020

Workers’ compensation insurance covers workplace injuries and illnesses. Certain types of injuries aren’t covered while others fall into a grey area. If an injury or occupational illness is sustained while you are performing the duties required by your job, it’s […]

August 11, 2020

California Judge Ethan Schulman of the San Francisco Superior Court issued a preliminary injunction on Monday against Uber and Lyft, blocking the companies from classifying their drivers as independent contractors. California passed a new law, Assembly Bill 5, that required […]

August 11, 2020

The four executive actions President Donald Trump signed Saturday may face legal challenges because the Constitution grants Congress, not the president, the power to tax and spend. Trump signed three presidential memoranda and an executive order to provide economic relief […]

August 10, 2020

On July 24, the state of California released its COVID-19 Employer Playbook for a Safe Reopening. According to the playbook, its purpose is to help employers “plan and prepare for reopening their business[es] and to support a safe, clean environment […]

August 5, 2020

The term collateral refers to an asset that a lender accepts as security for a loan. Collateral may take the form of real estate or other kinds of assets, depending on the purpose of the loan. The collateral acts as […]

August 3, 2020

The US Fifth Circuit Court of Appeals has overturned a decision that would have required the federal government to return more than $479 million to six states that argued that the federal government had illegally collected a fee from them […]

August 3, 2020

The Pennsylvania Supreme Court has dismissed a challenge to Governor Tom Wolf’s statewide moratorium on foreclosures and evictions. The decision issued Friday leaves in place an order that protects renters from losing their homes for failing to pay rent during […]