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Financial Daily Dose 2.18.2020 | Top Story: Apple Cuts Revenue Expectations and HSBC Axes Jobs as Coronavirus Infects Business Outlook

Apple announced that the coronavirus outbreak that’s brought Chinese manufacturing to a near-standstill and continues to spread around the world will affect its quarterly sales expectations.  The news makes Apple “one of the first companies to...By: Robins Kaplan LLP
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Robins Kaplan LLP | Feb 19,2020 |

The SECURE Act Makes Significant Changes

The SECURE Act* (the “Act”) makes significant changes to employer-sponsored retirement plans, and many of the changes take effect immediately.  Highlights of the provisions of the Act relating to retirement plans that are effective in 2020 include......By: Williams Mullen
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Williams Mullen | Feb 18,2020 |

They’re Back! What Should Employers Expect from the 2020 Connecticut General Assembly Session?

On February 5, 2020, the 2020 session of the Connecticut General Assembly began. The session is scheduled to adjourn on May 6, 2020.  Numerous proposed bills affecting Connecticut employers and employees will be unleashed during the session, most of...By: Pullman & Comley - Labor, Employment and
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Federal Court Preliminarily Enjoins the Attorney General from Enforcing AB 51, the New California Law Barring Mandatory Employment Arbitration Agreements

A federal district court found that the new California law barring mandatory employment arbitration agreements is preempted by the Federal Arbitration Act (FAA). The court granted the challengers’ motion for preliminary injunction and barred the...By: MoFo Employment Law Commentary (ELC)
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USCIS to Open Registration for Cap-Subject H-1B Petitions on March 1, 2020

On January 9, 2020, U.S. Citizenship & Immigration Services (USCIS) formally announced its implementation of a new electronic registration process for cap-subject H-1B petitions. At issue are H-1B cases that are subject to the Congressionally...By: Lathrop GPM
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Lathrop GPM | Feb 18,2020 |

Stem Opt Rules: An Update

The Optional Practical Training (OPT) program allows F-1 students to work for 12 months after graduation (in most situations). F-1 students with U.S. degrees in science, technology, engineering, and math (STEM degrees) may obtain an additional two...By: Davis Brown Law Firm
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Davis Brown Law Firm | Feb 18,2020 |

Beware: Anti-bribery audits are now key in M&A transactions

As compliance requirements continue to evolve in France, the guide offers focused, much-needed advice on three areas: audits as part of M&A, how and when to audit, and the outcomes....By: Hogan Lovells
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Hogan Lovells | Feb 18,2020 |

SBA Clarifies HUBZone Employee Residency Requirements

The U.S. Small Business Administration (SBA) recently published a list of frequently asked questions (with the SBA’s answers) about recent changes to the Historically Underutilized Business Zone (or HUBZone) program, which is a program for small...By: Bradley Arant Boult Cummings LLP
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FTC to Investigate Big Tech's Past Deals and Consider Broadening Merger Notification Requirements

In an unprecedented move further expanding its ongoing investigation of large technology companies, the Federal Trade Commission (FTC) has ordered Amazon.com, Apple, Facebook, Microsoft and Google to provide details about their acquisitions during...By: Bracewell LLP
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Bracewell LLP | Feb 18,2020 |

California Employers: CA Supreme Court Takes Aim at Wage Laws, Contradicts Federal Law

California wage laws have taken another alarming departure from federal standards. The highest state court recently held in Frlekin v. Apple that non-exempt employees must be paid for the time their bags and personal belongings are inspected before...By: Nilan Johnson Lewis PA
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Nilan Johnson Lewis PA | Feb 18,2020 |
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