FTC's bid to ban noncompete agreements rejected by federal judge in Texas
  • August 20, 2024

FTC's bid to ban noncompete agreements rejected by federal judge in Texas

A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees to quit a job and work for a competitor. In a ruling Tuesday, U.S. District Judge Ada Brown granted a motion for summary judgement filed by the U.S. Chamber of Commerce and other plaintiffs, and rejected the FTC's own petition for a judgement in its favor.

Indonesia, Thailand Set for Rate Pause as They Await Fed Easing
  • August 20, 2024

Indonesia, Thailand Set for Rate Pause as They Await Fed Easing

(Bloomberg) -- Policymakers in Southeast Asia’s two largest economies will probably keep interest rates unchanged on Wednesday as they weigh uncertainties over political transitions while awaiting the Federal Reserve’s imminent easing.Most Read from BloombergThe Serious Work That Free Play Can Do‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemThirty-four of 36 econ

Enbridge Sees Strong Oil Demand in 2050, With US Supply Growing
  • August 20, 2024

Enbridge Sees Strong Oil Demand in 2050, With US Supply Growing

(Bloomberg) -- Enbridge Inc. Chief Executive Officer Greg Ebel said oil demand may continue to grow in the decades ahead, putting his company’s internal assumptions among the more bullish forecasters of long-term crude usage.Most Read from Bloomberg‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemOil demand by 2050 will be “well north” of 100 million barrels a day a