January 2013 archive

CEOs Pay Employees Less After Having Children?

A recent widely reported study found that male CEOs’ families significantly affect the wages of their employees.  The study, by Professors Michael Dahl, Cristian Dezso, and David Gaddis Ross, found that male CEOs who have children generally pay their employees less after the birth of each child.  The decrease in wages was less for female …

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Attempts to halt ticket abuse at “The Happiest Place on Earth”

Disneyland has long referred to itself as “The Happiest Place on Earth”.  But the company is not happy about the significant lost profits it suffers from misuse of its multi-day tickets by different people, which is expressly prohibited.  Because the practice is not illegal, there are businesses who purchase and “rent” the multi-day tickets for …

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Permanent link to this article: http://betweenthenumbers.net/2013/01/attempts-to-halt-ticket-abuse-at-the-happiest-place-on-earth/

A Mistake Reveals an Economic Reality

A slew of new federal taxes related to the Patient Protection Affordable Care Act (PPACA) took effect January 1, 2013.  Like most taxes, the tax imposers will try to mask the impact by aggregating them with other taxes.  Because consumers are used to paying some type of tax on practically everything, they are less likely …

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Permanent link to this article: http://betweenthenumbers.net/2013/01/a-mistake-reveals-an-economic-reality/

First Statistics on the Dodd-Frank Whistleblower Program

The U.S. Securities and Exchange Commission (SEC) just released its first annual report of the “Securities Whistleblower Incentives and Protection” (Section 922) created under the Dodd-Frank Wall Street Reform and Consumer Protection Act (aka “Dodd-Frank Whistleblower Program”).  To reportedly encourage employees to report complaints without fear of retaliation by their employer (e.g., getting fired), the …

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Permanent link to this article: http://betweenthenumbers.net/2013/01/first-statistics-on-the-dodd-frank-whistleblower-program/

Signs of Sanity in the Fed?

The minutes from the most recent December FOMC (Federal Open Market Committee) meeting were made public today, and revealed a potential light at the end of a seemingly endless dark tunnel.  Although more quantitative easing was supported in the meeting (aka QE4-Ever), the minutes unveiled that more than the usual lone dissenter expressed concerns and …

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Permanent link to this article: http://betweenthenumbers.net/2013/01/signs-of-sanity-in-the-fed/

Twitter Activity Believed to Have Negatively Impacted Damage Award

Attorneys in a recent case related to injuries stemming from a car accident are blaming the reduced damage award on the plaintiff’s Twitter activity.  In the case of Daniels vs. Atlanta Refrigeration, Ms. Daniels sought over $1 million, including about $800,000 for pain and suffering and $300,000 in diminished earning capacity and medical expenses related to a …

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Permanent link to this article: http://betweenthenumbers.net/2013/01/twitter-activity-believed-to-have-negatively-impacted-damage-award/

Actress Claims Lost Profits Damages from IMDb Revealing Her True Age

An actress’ age is often a well guarded secret. Whether it is also covered under privacy laws is the subject of current litigation between Huong Hoang (aka Junie Hoang for acting purposes) and IMDb, the Internet Movie Database used by many in Hollywood to view an industry player’s profile, resume, photos and filmography.  In Ms. …

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Permanent link to this article: http://betweenthenumbers.net/2013/01/actress-claims-lost-profits-damages-from-imdb-revealing-her-true-age/