Member News, Uncategorized

Wilson Sonsini | SEC, California, and CSRD Climate Disclosure Requirements Comparison Tool

Following an order by the U.S. Securities and Exchange Commission (SEC) implementing a stay of its final climate disclosure rules pending review of legal challenges to such rules in the U.S. Court of Appeals for the Eighth Circuit, many companies are reassessing their climate disclosure timelines and the underlying processes and systems that will be required to comply with the mandatory sustainability reporting frameworks applicable to them, particularly if litigation related to the SEC’s climate disclosure rules extends over...

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Quebec Government Prioritizes Health & Education in its Budget

In the Québec Budget Plan published in late March 2024, the government is prioritizing funding for health and education services. It is strengthening its support for Quebecers and communities, and acting on economic priorities while taking steps to optimize government action. It is presenting a fair and transparent portrait of the state of public finances and reiterating its firm commitment to restoring fiscal balance after deposits in the Generations Fund. A plan will be tabled when Budget 2025-2026 is released,...

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Wilson Sonsini | EU Court of Justice Landmark Ruling on Digital Advertising and GDPR Compliance

On March 7, 2024, the European Court of Justice (CJEU) issued a landmark ruling on digital advertising and the concepts of personal data and joint controllership under the General Data Protection Regulation (GDPR). The CJEU held that i) character strings used to express users’ preferences collected via the Transparency and Consent Framework (TCF) of Interactive Advertising Bureau Europe (IAB) constitute personal data under the GDPR and ii) IAB acts as a joint controller with TCF participants for the processing of users’ preferences....

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IMF | Chart of the Week: International Trade Red Sea Attacks Disrupt Global Trade

In the first two months of 2024, Suez Canal trade dropped by 50 percent from a year earlier while trade through the Panama Canal fell by 32 percent, disrupting supply chains and distorting key macroeconomic indicators. In the past few months, global trade has been held back by disruptions at two critical shipping routes. Attacks on vessels in the Red Sea area reduced traffic through the Suez Canal, the shortest maritime route between Asia and Europe, through which about 15...

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Troutman Pepper | FTC Workshop Argues That Private Equity Incentives Are Not Aligned With Quality Health Care

On March 5, the Federal Trade Commission (FTC) hosted a public workshop titled “Private Capital, Public Impact: An FTC Workshop on Private Equity in Health Care.” The event is part of the agency’s effort to publicize and encourage enforcement targeting private equity investments in health care. The speakers from five federal and state agencies included all three sitting FTC commissioners, Assistant Attorney General for the Antitrust Division Jonathan Kanter, Inspector General of the U.S. Department of Health & Human...

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Jaguar Freight | The Weekly Roar

In this week’s Roar: shrinking ocean capacity, concerns over the ETS, a potential rail strike, a lack of capacity in air cargo (too), and a new biggest exporter. Ocean carriers are facing challenges when it comes to maintaining weekly sailings from Asia to Europe. It’s well-known that the closure of the Suez Canal has caused carriers to reroute ships around the Cape of Good Hope, adding to voyage times. In order to meet schedules, some carriers are adding extra ships and...

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Datacolor | 8 Factors That Influence the Way You See Colors

In everyday situations, it doesn’t matter much if you think a tennis ball is yellow and your friend thinks it’s green. After all, there are a range of factors that influence perception of color. . For most of us, those factors lead to little more than casual disagreements. What if it’s your job to evaluate the colors of products, though? Well, that’s a whole different story. Differences in the way people see color can quickly escalate from disagreement to an expensive...

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ACG Resources | Pros and Cons of Flexible Work Schedules

Pros and Cons of flexible work Schedules:  Flexible work schedules can be good or bad, depending on your business and the employees you have. Below are some pros and cons of flexible work schedules. Pros: • Flexible work schedules make it easier to find employees and it makes the ones you have happier and more loyal to the company, because it makes all employees feel as if their needs are being met and you care about how they feel and what...

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Littler Mendelsohn | What Would Overruling Chevron Mean for Labor and Employment Law?

The Supreme Court will hear oral arguments on two cases challenging the deference given to federal agencies’ interpretations of statutes they are charged with enforcing. If Chevron is overruled or pared back, federal agencies enforcing labor and employment laws will likely face more challenges to their rules and other interpretive guidance. Overruling Chevron may cause agencies to issue fewer new regulations, take more modest positions in the regulations they do issue, or both. Next week, the U.S. Supreme Court will hear oral arguments in two cases asking whether to...

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Chapter News, Uncategorized

OECD | Labour Market Situation Update: January 2024

OECD employment rate remains at record high in the third quarter of 2023 OECD employment and labour force participation rates stabilised at 70.1% and 73.8% in the third quarter of 2023, the highest levels recorded since the start of the series in 2005 and 2008, respectively. Both indicators were at or near their record highs in 9 of the 38 OECD countries, including France, Italy, and Japan (Figure 1, Tables 1 and 2). Record highs in both the OECD employment and...

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