Local Government Makes Operating Stadiums in Philadelphia Much More Expensive

As more cities reach the harsh realization that public financing for sports venues is a losing proposition for taxpayers, Philadelphia has now enacted a law aimed at recouping some of its money and boosting local workers’ earnings via mandated higher wages at public facilities. On October 21, Mayor Jim Kenney signed the prevailing wage bill into law

Incentive Compensation Under the Regulatory Spotlight

Six U.S. federal financial regulatory agencies[1] in May 2016 revised and re-proposed rules that were originally proposed in 2011, to govern the incentive compensation practices at financial institutions with consolidated assets of at least $1 billion (covered institutions). The proposed rules include new – and more stringent – requirements, especially for the largest institutions. The rules