Category: Business News

How Do I Get Out of My Non-Compete?

In healthcare, there has been a large expansion in non-compete clauses. Many of our clients would like to find a way out of their non-compete clause when looking to leave their current employment.

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The first way to avoid breaching a non-compete clause is to have your attorney negotiate a contract without a non-compete clause before beginning your employment.

Sometimes, non-compete clauses are unavoidable. So what can you do in that

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Raleigh developer sells Summerville residential community > Charleston Business Journal

A Summerville luxury residential community has been sold to a Boston-based real estate investment firm.

Raleigh, NC-based Terwilliger Pappas, a multifamily developer, has sold Solis Nexton, a 320-unit luxury residential community in Summerville, to West Shore.

Financial details of the transaction were not disclosed.

West Shore, a multifamily real estate investment firm, now owns and operates 45 properties with over 14,000 units in seven states, according to a news release. The sale marks the 29th community completed and sold by Terwilliger Pappas since the company’s founding in 2013.

Related content: Hotel coming to master-planned community in Summerville

Solis Nexton is

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Does Canada really need a digital loonie?

The Bank of Canada is wading into the fraught and controversial world of digital currencies, launching public consultations this week into how Canadians might use a digital dollar.

“We’ve been researching a digital dollar for quite a while now,” said Carolyn Rogers, the senior deputy governor of the central bank. “And we’re at a point where we need help from Canadians, we need to understand what Canadians want.”

And yet the bank maintains there is neither a need nor a plan to launch a digital loonie.

So, why bother with the public consultations at all?

Rogers says more transactions are

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Biden admin warns of ‘catastrophic’ default as debt talks continue

US President Joe Biden spoke to the press in on May 9, 2023, after a high-stakes meeting with key Republican and Democratic lawmakers yielded no breakthrough on the impasse over the US debt limit

US President Joe Biden spoke to the press in on May 9, 2023, after a high-stakes meeting with key Republican and Democratic lawmakers yielded no breakthrough on the impasse over the US debt limit

President Joe Biden’s administration again warned Sunday of “catastrophic” consequences for the US economy if the country defaults, as negotiations with Republicans over a debt deal are expected to resume in the week ahead.

Alarm bells are ringing over the possibility of a first-ever US default, with uncertainty over the actual date the government would stop being able to pay its bills.

Congressional Republicans are demanding

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Canada must lead the way on expelling Russia from the UN

Canada has not been punched above its weight on the world stage since the Liberals came to power in 2015, but could vindicate itself by leading a movement to immediately expel Russia from the United Nations and its Security Council.

It’s unacceptable that Russia remains on the United Nations Security Council and keeps a veto that has basically deadlocked the body over the years and prevented it from taking action against the invasion of Ukraine.

Russia and four other countries — China, the United States, France and Britain — have permanent seats on the

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Mondelez reveals CoLab snack brand participants

CHICAGO — SnackFutures, the innovation and venture team at Mondelez International, Inc., has unveiled the nine rising snack brands participating in its third annual CoLab.

First launched in 2021, CoLab is a startup program that helps Mondelez build a portfolio of “disruptive brands and venture pipelines.” Participants will receive a 12-week curriculum of virtual and hands-on sessions as well as networking opportunities and a $20,000 grant.

For its third class, CoLab is focusing on unique brands that can enhance Mondelez’s core businesses and potentially allow the company to explore new food categories. The 2023 CoLab class participants are:

CoCoTerra: A

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Whitmer meets with government, business leaders on a Europe trip

LANSING, Mich. (AP) — Michigan Gov. Gretchen Whitmer conducted her second international trade mission of the year this week, spending…

LANSING, Mich. (AP) — Michigan Gov. Gretchen Whitmer conducted her second international trade mission of the year this week, spending two days in Austria and Latvia meeting with both business and government leaders.

Whitmer, who spoke with The Associated Press upon returning to Michigan on Friday, said international trips are “an important part of the job,” as the state looks to grow relationships and “secure additional economic opportunities for our state.”

In Latvia, the second-term Democratic governor and close ally

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Inflation hit 4.9% in April, the lowest it’s been in two years

Consumer prices rose 4.9% in April — the first time annual inflation has landed below 5% in two years.

On a monthly basis, the inflation rate rose 0.4%, which was higher than the 0.1% in March.

The latest report from the Bureau of Labor Statistics showed other favorable trends: Food prices rose just 7.7% over the 12-month period — the eighth-straight month of slower price growth. And on a monthly basis, food prices have actually declined.

Stock futures jumped following the report.

Still, the “core” inflation reading for April, which excludes volatile food and energy prices, increased 5.5% on the

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