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Tip of the Day Bank Fees Are For Suckers

Bank Fees Are For Suckers - Today, although they are harder to find, there are banks out there that will provide you your banking services with no checking fees or...

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Taft-Hartley Act Of 1947

Taft-Hartley Act Of 1947 –  This is a labour relations term and law, more appropriately and aptly termed the Labour-Management Relations Act. Named after the co-sponsor, House Representative Fred A. Harley, Jr, and Senator Robert Taft. Defining and clarifying the scope and mandates of unions, their actions, disputes and such related matters. What and how management would be permitted to act and do when a labor/management dispute arises. It is on the law books.  It stood for dealing more effectively with things like tension, power and mandates during these disruptions. It addresses aspects like: prohibited activities, injunctions, legal recourses of action, banning of jurisdictional strikes, wildcat strikes and secondary boycotts and not being communists, firing of supervisors with union sympathies. Some of these tensions still linger and remain today in labour circles.

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Definition of the Day Minority Ownership

Minority Ownership - Minority Ownership is less than fifty percent ownership of a corporation voting stock, or not enough ownership to control the company operations. From a purely accounting point of view, parent company which owns less than one hundred percent, but more than fifty percent of a subsidiary presents...

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