Economy

Gig Economy Firm Temper Works Accused of Helping Businesses Circumvent New UK Tipping and Employment Laws

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Amsterdam, Netherlands – A leading gig economy firm, Temper Works, is facing scrutiny for advising hospitality businesses on how to sidestep new UK legislation designed to ensure fair tipping practices and to mitigate the use of precarious zero-hours contracts. The company, which started its UK operations in 2022, serves over 5,000 entities including notable clients like Hard Rock Cafe, Alexandra Palace, and Claridge’s. Temper Works markets its services to restaurants, hotels, and bars by promoting the exclusion of freelancers from recent tipping legislation, which mandates the inclusion of agency workers in tip-sharing schemes. According to … Read more

Uganda’s Economy Takes $1.6 Billion Hit Due to Anti-LGBTQ Legislation, Research Reveals

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Kampala, Uganda — A recent study reveals that Uganda could face substantial economic losses, totaling $1.6 billion annually, due to the implementation of stringent anti-LGBTQ laws. This alarming projection quantifies the potential financial repercussions associated with a legislative environment that could deter foreign investment, hinder tourism, and affect international aid. The research, carried out by a consortium of economists and human rights activists, suggests that the ramifications of such laws extend beyond ethical concerns and deeply into the national economy. The punitive measures against the LGBTQ community not only undermine human rights but also threaten … Read more

The Costly Legal Iceberg: How Mass Tort Litigation is Impacting the Economy and Job Creation

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Bethesda, MD – Late-night television viewers are all too familiar with the barrage of ads that aim to recruit potential victims for various products and treatments. These commercials, though seemingly harmless, are just the tip of a much larger issue that plagues our economy. The underlying goal of these advertisements, according to the lawyers behind them, is to help people. However, the real beneficiaries of these lawsuits are the mega-law firms and their well-financed supporters. Attorneys specializing in mass tort litigation or class-action lawsuits heavily rely on advertising as their main source of income. They … Read more

The Growing Concern: Legal Experts, Regulators, and CEOs Sound the Alarm on AI’s Risks to Global Economy and Society

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San Francisco, California – The concerns around artificial intelligence (AI) have expanded beyond Silicon Valley and are now reaching the legal system, global business gatherings, and top Wall Street regulators. Recent reports have highlighted the potential risks and dangers associated with AI, raising alarm bells among various sectors. The Financial Industry Regulatory Authority (FINRA), a self-regulator of the securities industry, recently classified AI as an “emerging risk.” Additionally, the World Economic Forum (WEF) conducted a survey during its annual conference in Davos, Switzerland, revealing that AI-driven misinformation is the most significant near-term threat to the … Read more