Chinese and US negotiators have agreed on an outline of a compromise under which the US lifts a ban on domestic companies' sales to Chinese telecommunication firm ZTE, sources say. As an alternative, ZTE reportedly must revamp management and might have to pay large fines.
US Treasury Secretary Steven Mnuchin says talks with Mexico and Canada to update the North American Free Trade Agreement might extend into 2019. He adds that negotiators are "still far apart" on aspects of the agreement.
Examinations by the Financial Industry Regulatory Authority will look at compliance if the Securities and Exchange Commission adopts a best-interest rule for broker-dealers, FINRA President and CEO Robert Cook says. "That said, it's not our rule, so exactly what the rule means and how it gets overseen is something we'll be working closely with the SEC on just as we do for other rules that we monitor for compliance," he says.
Elad Roisman, chief counsel to the Senate banking committee, is being considered by the White House as the Republican replacement for Michael Piwowar on the Securities and Exchange Commission, sources say. Roisman's LinkedIn profile says that he was an aide to former SEC member Daniel Gallagher and that he has worked at the New York Stock Exchange.
An Indiana University study found opioid misuse costs the state about $4 billion per year and was linked to $752 million in potential lost wages in 2016. Employee absenteeism related to opioid use and the use of prescription pain medications at work are key issues for employers, and Wellness Council of Indiana Executive Director Jennifer Pferrer said the opioid crisis has significantly reduced the ability of businesses to hire skilled workers.
Companies can harness arbitration agreements to prevent employees from pursuing class actions over labor disputes, the Supreme Court has found. The court's more conservative justices accounted for the majority in the 5-4 decision.
The city of Boulder, Colo., and its council are facing a federal lawsuit less than 24 hours after banning the sale and possession of assault weapons, bump stocks and high-capacity magazines. Plaintiffs in the case allege the ban violates their constitutional rights.
Business leaders can learn from professional sports coaches, who know strategy is just one aspect of success, notes John Baldoni in this blog post and video. Bosses and coaches "must learn how to bring out the best in their employees, manage up in order to achieve their objectives and engage with the community around them," he writes.
Leaders often feel isolated and unable to connect personally with employees, writes Art Petty. Finding avenues outside of work to discuss challenges and feelings can help, and so can practicing regular drop-ins to see how employees are doing, he writes.
Examine Key Developments in Education Law and Policy
PLI's 18th Annual School Law Institute will take place on June 7 in New York and via Live Webcast. An experienced faculty will discuss the speech rights of students and teachers, legal developments in special education, what documents count as education records under FERPA and IDEA, and ethical considerations of mobile technology.
Learn Fundamental Strategies for Providing Effective Pro Bono Representation
PLI's Interactive Learning Center presents Introduction to Pro Bono, an online program that uses an engaging, graphic format to show participants how to prepare for a pro bono assignment and work with a pro bono client; what to consider when communicating with clients; how to handle issues of confidentiality and professionalism; who to turn to when challenges occur or questions arise; and more.
A summary in Monday's edition of PLI SmartBrief mischaracterizes a deal between General Electric and Wabtec. General Electric reportedly was close to completing negotiations to merge its transportation unit with rail-equipment supplier Wabtec, and this venture was expected to be worth more than $20 billion. SmartBrief regrets the error.
The basis of insincerity is the idealized image we hold of ourselves and wish to impose on others.