WASHINGTON: ‘ Business leaders prepare for labour ruling on what constitutes Employer – NLRB ‘

#AceFinanceNews – WASHINGTON:Aug.12: Business leaders in Washington are bracing for a labor ruling they warn would redefine what constitutes an “employer” in the United States, exposing thousands of companies to new liabilities and potentially upending entire industries.

The National Labor Relations Board (NLRB) is widely expected to rule by month’s end that Browning-Ferris Industries, a Houston-based waste-disposal company, is a joint employer of workers provided to the firm by a staffing agency, experts say.

As a result, the company would be forced to collectively bargain with those employees and could be held liable for any labor violations committed against them.

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MARKETS: ‘ Stocks fall as China devalues Yuan for second day ‘

Yesterday this happened: 

My post yesterday on Global situation:

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