United States: Issues After The Election - Foley & Lardner
With the re-election of President Obama and control of the Senate and House virtually unchanged, what changes can businesses expect from a labor and employment perspective in 2013?
Found more than 1 month ago on channel Mondaq
Big Bank Epiphany: Adding New Fees May Be Bad For Business
Could 2013 be when big bank customers finally get some relief from the onslaught of fees they’ve weathered in recent years? According to some bank industry analysts, the answer is a qualified yes. Fees aren’t going away entirely, and the experts say penalty fees in particular will continue to creep higher, but a new regulatory climate in Washington has put banks on notice that piling on costs is not the best way to do business. “The whole landscape changed after the election,” says Ken Thomas, an independent bank consultant and economist. With Obama in the White House and celebrated Wall Street watchdog Elizabeth Warren in the Senate and likely within reach of a seat on the Senate Banking Committee, “regulators feel emboldened. They feel a new sense of purpose,” he says. “Banks want to do what they can to minimize complaints. They’re being a little more consumer sensitive than they were before.” After last year’s debit card fee debacle, in which Bank of America had to ...
Health Stocks a Port in Market Storm
Money managers are embracing health-care stocks following the Nov. 6 U.S. presidential election, which ensured that the health-care overhaul championed by Obama will survive.
Year-End Industry Winners, Losers
A new presidential term typically stirs concern about what it will mean for the stock market, and the outcome of the recent election is no exception. Naturally, the general impact of President Obama's re-election is already priced into the market.
Found more than 1 month ago on channel Abc News
Will the Kevin Clash Scandal Hurt the Sesame Street Franchise?
The resignation of Kevin Clash – the voice of “Sesame Street’s” Elmo – following allegations of sexual relations with at least two underage boys may have short-term repercussions for the PBS kids’ show. But in the long run, “Sesame Street’s” brand is likely to survive intact. Few brands can match the reach of a show like “Sesame Street.” Three generations of Americans have grown up with the kids’ show, and the series and its characters – from Big Bird to Cookie Monster to Oscar the Grouch – are beloved throughout the country. (MORE: Black Friday: Fast and Frenzied) “There are very few brands that are ‘motherhood brands,’” says branding expert Rob Frankel, describing a type of brand that “can’t be attacked because it’s 100% goodness. … They essentially can do no wrong. You saw this in the election.” Frankel’s referring to former Republican presidential candidate Mitt Romney’s pledge to pull funding for PBS and essentially place Big Bird ...