Industry News Weekly Roundup
Affordable Care Act Law Gets One-Year Reprieve Before Enactment
–IAVM
The Affordable Care Act that was to become effective in January 2014 has been pushed back to a January 1, 2015 deadline. In short, the delay buys employers with 50 or more employees an additional year before they must offer medical coverage to their workers or pay a fine. Continue Reading →
You Call This a Friendly? Brawls Erupt at Sam Boyd Stadium Before, During and After Soccer “Friendly”
Soccer exhibition matches are otherwise known by the serene, calm title of a “friendly,” which conjures up all kinds of warm fuzzies and group hugs. Friendly, that is, until Mexican soccer rivals Chivas (Guadalajara) and Club America (Mexico City) square off on the field.
The teams, both lavishly worshiped by an adoring and rabid fan base, squared off at Sam Boyd Stadium on July 3 on the campus of the University of Nevada at Las Vegas and the meeting was anything but friendly amongst the teams and amongst the fans.
Business Etiquette: Who Should Pick Up the Check?
No matter who you are or what you do for a living, this is one dilemma you’re going to face again and again.
It happens all the time. You’re having dinner or lunch with people you work with. Everything’s fine until the check comes. Then what? Who picks up the tab?
Best case, it’s an awkward moment. Worst case, your thoughtlessness or ad-hoc solution to the dilemma can create a rift in a business relationship.
You may think it’s silly or unprofessional to make a big deal out of something as trivial as a few bucks. I couldn’t agree more. But people do. Some even keep track of who buys and who doesn’t.
Affordable Care Act Law Gets One-Year Reprieve Before Enactment
The Affordable Care Act that was to become effective in January 2014 has been pushed back to a January 1, 2015 deadline. In short, the delay buys employers with 50 or more employees an additional year before they must offer medical coverage to their workers or pay a fine.
The original law that was passed in 2010 required employers with more than 50 employees working 30 or more hours a week to offer suitable health coverage or be penalized by a fine. With the 2014 mandate rapidly approaching, businesses made their voices heard that they needed more time to understand how to comply with new rules written since the plan became law.
Despite the postponement, President Barack Obama’s health care law remains intact with the requirement that individuals get insurance and the subsidies be available to help them pay for it.
AEG Gets Contract To Oversee Los Angeles Convention Center
For the first time in its 42 years of operation, the city-run Los Angeles Convention Center will transfer to private management under a pact approved by the City Council.
In awarding a contract to Anschutz Entertainment Group, the council overruled objections by local hoteliers who said AEG would have an unfair advantage filling its hotel rooms while booking conventions.
AEG owns the JW Marriott and Ritz Carlton hotel complex adjacent to its L.A. Live and Staples Center properties in downtown Los Angeles. But council members, after questioning city Chief Administrative Officer Miguel Santana, unanimously voted in favor of the contract.