Daily Red Alert - 9/29/22

Relevant Press

Microsoft Tells Companies to “Re-Recruit” Employees to Their Positions - Tech.co

“Microsoft has advised companies to ‘re-recruit, re-onboard, and re-energize employees’ based on the results of a recent survey that has delved into the world of hybrid work and what employees need from their companies.”

Ken Griffin says US recession inevitable: ‘Question of when and how hard’ - New York Post

“Billionaire hedge fund CEO Ken Griffin thinks that a recession is inevitable and that the Federal Reserve hasn’t been aggressive enough in hiking interest rates in order to bring down record levels of inflation.”

Pressure rises to reconsider decades-old ruling on religion at work - SCOTUSblog

“In the Equal Employment Opportunity Act of 1972, Congress strengthened the religious protections in Title VII of the Civil Rights Act by requiring employers to accommodate all aspects of their employees’ religious beliefs and practices, unless doing so would impose ‘undue hardship’ on the business.”

Business Groups Sue CFPB Over Antidiscrimination Guidelines - WSJ

“The U.S. Chamber of Commerce, American Bankers Association and several other trade groups Wednesday asked a federal court in Texas to stop the CFPB from looking for discriminatory behavior when conducting routine examinations of financial firms.”

LVMH Announces Inflation-Offsetting Bonuses - NewsMax

“French fashion giant LVMH announced a bonus payment for staff to help them cope with inflationary pressures, joining a growing list of blue-chip French companies which have announced similar bonuses for workers.”

Iron Mountain CEO ‘praying for inflation’ because it’s good for business: report - New York Post

“William Meaney, CEO data storage and management company Iron Mountain, told Wall Street analysts last week that high prices benefit the company’s margins, which is why he has been ‘doing my inflation dance praying for inflation,’ according to audio of the speech obtained by the news site The Intercept.”

RedBalloon in the News

ICYMI: The Employee Bill of Rights with Laura The Labor Lawyer - Courageous Economy

“What are your rights when your employer still requires you to wear a mask? What are your rights when your employer expects you to participate in pride month, tells you not to say ‘Merry Christmas,’ or expects you to act against your conscience?

In the final episode of Season 1, Andrew talks with Laura The Labor Lawyer about all these issues, and more. As the author of RedBalloon’s Employee Bill of Rights, Laura draws from her Harvard Law degree, her love for freedom, and her extensive knowledge of labor law to address issues that conservative employees are facing in their work environment.”

The Daily Red Alert is a collection of stories that relate to the issues of freedom in the workplace, business, and the US economy.