New US rule would ban employers from using ‘noncompete’ agreements
Related Articles
-
FTC bans employers from using noncompete clauses
The US Federal Trade Commission (FTC) has banned noncompete clauses in a move to "drive innovation" and protect workers' rights and wages, the regulator said in a press release. The new rule will free most new and current employees from such agreements, with the exception of "policy-making" executives earning more than $151,164 per year. "Noncompete clauses keep wages low, suppress new ideas, and rob the American economy of dynamism," said FTC Chair Lina M. Khan. The agency estimated that the...
-
Harris calls Florida's new 6-week abortion ban 'the new reality under a Trump abortion ban'
Vice President Kamala Harris spoke in Florida, where a six-week abortion ban took effect on Wednesday. Delivering her remarks in Jacksonville, Harris blamed former President Donald Trump for the Supreme Court’s overturning of Roe v. Wade in 2022 and said the state’s new, more restrictive law is “the new reality under a Trump abortion ban.”
-
New federal rule bans ‘noncompete’ agreements for most workers
Noncompete agreements are banned in three states, including California, and some opponents of noncompetes argue that California's ban has been a key contributor to that state's innovative tech economy.