Friday, June 24, 2016
Top Entrepreneur News

Fri, 24 Jun 2016 22:30:00 -0500

As you design your marketing, have you considered the emerging field of neuromarketing?

Fri, 24 Jun 2016 22:00:00 -0500

Follow these steps before filling out that loan application if you're one of several owners of a business in need of a loan.

Fri, 24 Jun 2016 21:30:00 -0500

As IoT connectivity expands, businesses can reap the benefits by harnessing deep integration of shared data.

Fri, 24 Jun 2016 21:00:00 -0500

If you're too reliant on a few big suppliers, products or customers you may be working for them instead of for yourself.

Fri, 24 Jun 2016 20:30:00 -0500

Entrepreneur Network partners Brittney Castro and Jen Hacker outline ways to get your side hustle on while building your business.

Fri, 24 Jun 2016 20:00:00 -0500

Fear of making mistakes is crippling your progress.

Fri, 24 Jun 2016 19:40:00 -0500

The Facebook founder spoke with President Barack Obama at the 2016 Global Entrepreneurship Summit.

Fri, 24 Jun 2016 19:31:48 -0500

Everything you need to know about what happened this week.

Fri, 24 Jun 2016 19:30:00 -0500

The majority of startups fail. Leverage what you've done in the past -- as well as who you know -- to beat those odds.

Fri, 24 Jun 2016 19:22:44 -0500

'The challenges I faced and the journey I took mirror the potential of millions of young entrepreneurs here and around the world,' he wrote.

Fri, 24 Jun 2016 19:15:00 -0500

When you get clarity, you create content for specific results. Here are my five steps to getting there.

Fri, 24 Jun 2016 19:00:00 -0500

Likeability is so powerful that it can completely alter your performance.

Fri, 24 Jun 2016 18:45:00 -0500

Whatever your motivation, paid public speaking is an exciting, mentally stimulating way to make some cash.

Fri, 24 Jun 2016 18:30:00 -0500

Use your own unique assets and skills as founder to help your team.

Fri, 24 Jun 2016 18:30:00 -0500

It's not by accident that Amazon founder Jeff Bezos went from selling books online to becoming a billionaire leader of the largest online marketplace in the United States.

Fri, 24 Jun 2016 17:00:00 -0500

America without the Second Amendment would look like the world of Fahrenheit 451, only the government's target would be guns rather than books.

Fri, 24 Jun 2016 15:22:00 -0500

In 2013, then Acting Director of Exempt Organizations at IRS, Lois Lerner, apologized to a room of tax lawyers for the IRS's inappropriate targeting of conservative political groups. Her comments set off a chain of events that would slash IRS funds, fire officials and consider impeachment proceedings for IRS Commissioner Koskinen's actions. But the scandal didn't begin or end there.

Fri, 24 Jun 2016 14:42:00 -0500

“They could throw my wife in jail for depositing cash in a bank? It was just unbelievable.”

Fri, 24 Jun 2016 14:38:00 -0500

Online talent communities can help you learn about potential employers and their job openings and let the firms know about you.

Fri, 24 Jun 2016 12:00:00 -0500

Psychologists from Sigmund Freud forward have generally agreed: our core attitudes about life are largely locked in by age five or so. Changing those attitudes requires intense effort. Neil Howe and William Strauss took this obvious truth and drew an obvious conclusion: if our attitudes form in early childhood, then the [...]

Fri, 24 Jun 2016 06:46:00 -0500

VideoBusiness is booming with Asian mixed martial arts promotion ONE Championship. Founder and chairman Chatri Sityodtong predicts that his company “is on track to cross the $1 billion valuation mark in the next 12-18 months,” having just launched in July 2011. Angelaand Christian Lee pose with theirparents (Roslan Rahman/AFP/Getty Images) While the [...]

Thu, 23 Jun 2016 21:07:00 -0500

Positive communication at work creates an environment that fosters business success. It's not a fluffy idea. It's a legitimate business strategy.

Thu, 23 Jun 2016 03:48:00 -0500

Elliott's team has missed its goals two quarters in a row now. A few more quarters like that and Elliott's unit could be shut down. What if Elliott's team has simply stopped trying?

Wed, 22 Jun 2016 02:46:00 -0500

Former WWE champion Roman Reigns has been suspended 30 days for a wellness violation. House Money Studios' Alfred Konuwa breaks down why this could be the real-life inroad WWE needs to make Reigns one of the best heels of all time.

Tue, 21 Jun 2016 11:12:00 -0500

The Home Depot cofounder Bernard Marcus' endorsement of Donald Trump triggered an online drive to boycott the retailer. So far, there are no indications that it is having any effect.

Latest News & Information

Current Articles | Archives | Search

Small Business Wins in Supreme Court
By Crystal Dallo :: Monday, November 26, 2007 :: 29073 Views :: Article Rating :: Business & Finance

California, USA - Chaldeans are fast learning the importance of legislation and politics and how the two can impact their business bottom line.  The Chaldean Caucus has long banged the drums of needing business savvy politicians from local to federal positions.  In Michigan, the Caucus moved forward in promoting and supporting three Chaldean political hopefuls.  Two of which have extensive business backgrounds. 

The Chaldean Caucus also monitors the judicial bench and the rulings they make that impact business.  The Supreme Court's 2006–2007 term was particularly kind to the small business community. The Chaldean Caucus estimate that at least half of the docket included cases with a substantial business interest. Here's a review of some major decisions for Chaldean small-business owners:

Court Limits Pay Discrimination Claims
A landmark 5–4 decision by the Supreme Court enforced the 180-day time limit for filing a discrimination charge. The case that spurred the decision was Ledbetter v. Goodyear.  The basic question was how many salary reviews a plaintiff could contest within the 180 day window of a discrimination charge after the alleged unlawful employment practice may have occurred.

A number of small business groups and legal foundations filed an amicus (friend of the court) brief supporting Goodyear and warning the court that an employer's ability to tell their story dissipates sharply as time passes. Memories fade; managers quit, retire or die.

The court's determination that there is a limit as to how far back a plaintiff can reach for damages represented an important victory for small businesses.

Limits on Union Dues Are Upheld
Another key constitutional victory was upheld when the court ruled that a Washington state law that requires unions to obtain nonmembers' consent before using union fees for political purposes does not violate the First Amendment. Small business groups have long worked to defend limitations that protect nonunion employees from unwittingly or unwillingly financially supporting political causes with which they do not agree.  Examples include issues like abortion, same sex marriages, and one party support. 

Business groups argued that there's a long judicial history of prohibiting organizations from forcing nonmembers to support a union's political activities.

Tort Reform Prevails
Trial attorneys fought to have juries impose damages suffered by people who were not parties to a case.  Tort-reform advocates felt it unfair that defendants can be punished for harm to non-parties.  The Supreme Court agreed.   The case of Phillip Morris USA v. Williams sent a clear message that punitive damage litigation has gone astray. 

The precedent established by the court arises in a number of other types of cases, including product liability and environmental litigation.

"Punitive damages have unreasonably exploded in both frequency and size.  This is partially because of the celebrity tabloid attention to big awards, the broad brush stroke that all business is bad, and other unfair stereotypes and prejudices.  Unfortunately this has led to an out-of-control spiral of the legal system.  The backbone of America is business, innovation, and the ability to earn what you merit," says Karen Halibu, director of business and government affairs office for the Chaldean Caucus. "The Supreme Court made the right decision. Punishing defendants for harms that have not been tried in court is simply unfair and should be ruled unconstitutional."

Chaldean small businesses are likely to see more opportunities whereby the courts advocate for entrepreneurs says Halibu. “Given the Roberts' court propensity for defending the core of American freedom and innovation, we are likely to have a number of opportunities to advocate for small business in the upcoming term.”