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For American workers, noncompete agreements are pervasive – and might hold down their wages
You’ll find noncompete agreements where you might not expect. They govern many a low-wage worker, and limit employee mobility in occupations like fitness instructors and hair stylists.
Pizza Hut is now the official pizza of the NFL
Pizza Hut is replacing Papa John’s, which announced yesterday it was ending its contract with the National Football League. The league’s viewer numbers are down over the last couple of years. And a few months ago, Papa John’s then-CEO John Schnatter blamed players’ kneeling in protest during the national anthem as a big part of […]
MIT's Bengt Holmstrom and Harvard's Oliver Hart win Nobel prize in economics
The two were awarded for their work on contract theory.
Brexit could be a goldmine for lawyers
The legal industry has a lot of fine print to sort through. But the benefits could be short-lived.
Brexit: Corporations read the fine print
Contracts often include clauses that say companies don't have to be pursued if circumstances change
Another reason big companies don’t want you to read the fine print
Companies are using arbitration clauses to keep consumers from filing lawsuits.
Ex-Im Bank, to reauthorize or not to reauthorize
The Export Import Bank’s charter expires Wednesday at midnight.
Autoworkers want to make up for long wage freeze
Automakers' profits are up, in part because assembly-line wages are down.