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Small business owners breathe easier over labor costs after decision to strike down overtime rule

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Small business owners breathe easier over labor costs after decision to strike down overtime rule
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Small business owners breathe easier over labor costs after decision to strike down overtime rule

2024-11-27 00:34 Last Updated At:00:41

Small business owners have had a mostly positive reaction to a judge's decision to strike down an overtime rule that would have qualified more workers for overtime pay.

On Nov. 15, a federal judge in Texas blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. Nearly all hourly workers in the U.S. are entitled to overtime pay after 40 hours a week. But many salaried workers are exempt from that requirement — unless they earn below a certain level.

The now-scuttled rule would have marked the biggest increase to that cap in decades. As of July 1, employers were required to pay overtime to staffers who make $43,888 a year in certain executive, administrative and professional roles — and that would have risen to $58,656 a year as of Jan. 1. But now the previous threshold of $35,568 — which was set in 2019 under the Trump administration — is back in effect.

The judge said the department could not prioritize employee wages over job duties when determining eligibility.

Guillaume Drew, founder of Or & Zon, a New York company that sells sustainable home goods online with 12 staffers, said overturning the rule helps him keep labor costs and prices of goods down, particularly for future employees, since none of his current staffers would have been affected. But he said it's still important employees are paid fairly for their time and effort. Because the ruling was overturned, he'll probably offer employees incentives like spa days and letting them work from home rather than overtime pay.

“Companies need to find an equilibrium between being financially viable and caring about employees,” he said.

Sheldon Sutherland, owner of Epoxy Werx, a San Diego-based business with 12 employees specializing in epoxy flooring, said the ruling is positive for his company.

“As a small business, managing labor costs is critical, and the proposed change would have increased expenses significantly,” he said. “The decision allows us to maintain current pay structures, ensuring financial stability while continuing to offer competitive wages.”

Small business organizations also applauded the measure.

“Although blocking any increase to the threshold fails to take into account inflation, the Department of Labor tried to do too much too fast resulting in sticker shock for small businesses that are still recovering from the pandemic," said Small Business Majority Founder & CEO John Arensmeyer. "More measured and predictable increases are in order.”

Small Business & Entrepreneurship Council president & CEO Karen Kerrigan added that the ruling will help struggling small business owners.

“It will allow employers to align their compensation approach with the needs and flexibility of the individual worker and marketplace,” she said. "Small business owners and their workers are both better served by the court’s ruling.”

Not everyone thought the move was a good one for small businesses, however. Stephanie Penn, owner of Tee & Honey, an online t-shirt boutique based in Southfield, Michigan, said fair pay, including overtime, is good for morale and leads to better productivity. Two of her employees were affected by the July 1 ruling and one would’ve been affected if the higher cap went into effect on Jan. 1.

“From a business perspective, having clearer guidelines around overtime pay also helps to avoid potential disputes or misunderstandings about compensation,” she said. “By striking down the rule, it places a heavier burden on businesses like mine, which strive to do right by their employees, while also leaving room for inequities that could harm both morale and retention.”

FILE - In this May 7, 2020, photo, the entrance to the Labor Department is seen near the Capitol in Washington. s a nation ravaged by the coronavirus pandemic, the economic devastation upending the presidential campaign and forcing President Donald Trump to overcome historic headwinds to win a second term. (AP Photo/J. Scott Applewhite, File)

FILE - In this May 7, 2020, photo, the entrance to the Labor Department is seen near the Capitol in Washington. s a nation ravaged by the coronavirus pandemic, the economic devastation upending the presidential campaign and forcing President Donald Trump to overcome historic headwinds to win a second term. (AP Photo/J. Scott Applewhite, File)

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NBA Cup: How to watch, betting odds and more about the league's in-season tournament

2024-11-27 00:35 Last Updated At:00:40

The NBA Cup has its first quarterfinalist: Golden State is in the round of eight. And on Tuesday night, the tournament resumes with five more group-play games as the Dec. 17 title contest in Las Vegas draws closer.

The NBA Cup was called the In-Season Tournament last year when it debuted, after years and years of Commissioner Adam Silver wanting to add something extra to the regular season. All 30 teams take part and play four group-stage games.

From there, eight teams move to the quarterfinals, and the winners of those games head to Las Vegas for the semifinals on Dec. 14.

The Warriors are 3-0 in West Group C and have clinched that group's automatic quarterfinal berth. New Orleans — a tournament semifinalist last year — has been eliminated from contention. Everyone else, at least mathematically, still has a shot.

All games in the tournament — except for the championship game — count in the regular-season standings and statistics. The championship game is considered extra and isn't part of the 82-game season for the two teams that make the final.

TNT has a doubleheader Tuesday: Bucks-Heat and Lakers-Suns.

On the “Black Friday” shopping holiday this coming Friday, ESPN and NBA TV will show five Cup games — spanning about 13 hours of coverage in all — with games starting at noon EST and tipping off through 10 p.m.

There will be quarterfinal doubleheaders, with two games on TNT on Dec. 10; on Dec. 11, one will be on ESPN followed by another on TNT.

TNT will show the first Cup semifinal from Las Vegas on Dec. 14 at 4:30 p.m., followed by the second semifinal at 8:30 p.m. on ABC.

The championship game is an 8:30 p.m., airing Dec. 17 on ABC.

Local broadcasts will also be available when NBA rules permit, as usual.

According to BetMGM Sportsbook, New York, at +550, is the favorite to win the NBA Cup. And if the NBA Cup MVP trophy was to be handed out today, the favorite according to BetMGM: the Knicks' Jalen Brunson.

The Knicks are also favored to win East Group A (-300), Milwaukee is a slight favorite to win East Group B (+100, just ahead of +140 Detroit), Boston is a big favorite in East Group C (-165), Houston (-130) has a slight edge over Minnesota (+125) in West Group A, and the Lakers (+130) are a smidge up on Oklahoma City (+150) in West Group B.

A breakdown of the groups and the standings:

East Group A — Orlando 2-0, New York 2-0, Philadelphia 1-2, Brooklyn 1-2, Charlotte 0-2.

Schedule: New York 111, Philadelphia 99;Orlando 114, Charlotte 89;New York 124, Brooklyn 122;Orlando 98, Philadelphia 86;Brooklyn 116, Charlotte 115;Philadelphia 113, Brooklyn 98; New York at Charlotte, Tuesday; Orlando at Brooklyn, Tuesday; Philadelphia at Charlotte, Dec. 3; Orlando at New York, Dec. 3.

East Group B — Milwaukee 2-0, Detroit 2-0, Miami 1-1, Toronto 0-2, Indiana 0-2.

Schedule: Detroit 123, Miami 121;Milwaukee 99, Toronto 85;Miami 124, Indiana 111;Detroit 99, Toronto 95;Milwaukee 129, Indiana 117; Milwaukee at Miami, Tuesday; Toronto at Miami, Friday; Detroit at Indiana, Friday; Milwaukee at Detroit, Dec. 3; Indiana at Toronto, Dec. 3.

East Group C — Atlanta 2-1, Boston 2-1, Cleveland 1-1, Chicago 1-1, Washington 0-2.

Schedule: Atlanta 117, Boston 116; Cleveland 144, Chicago 126;Atlanta 129, Washington 117;Boston 120, Cleveland 117;Chicago 136, Atlanta 122;Boston 108, Washington 96; Chicago at Washington, Tuesday; Boston at Chicago, Friday; Cleveland at Atlanta, Friday; Washington at Cleveland, Dec. 3.

West Group A — Houston 2-0, Los Angeles Clippers 1-1, Portland 1-1, Minnesota 1-1, Sacramento 0-2.

Schedule: Portland 106, Minnesota 98;Minnesota 130, Sacramento 126;Houston 125, LA Clippers 104;LA Clippers 104, Sacramento 88;Houston 116, Portland 88; Houston at Minnesota, Tuesday; LA Clippers at Minnesota, Friday; Sacramento at Portland, Friday; Houston at Sacramento, Dec. 3; Portland at LA Clippers, Dec. 3.

West Group B — Los Angeles Lakers 2-0, Oklahoma City 1-1, San Antonio 1-1, Phoenix 1-1, Utah 0-2.

Schedule: Phoenix 120, Utah 112;LA Lakers 120, San Antonio 115;Oklahoma City 99, Phoenix 83;San Antonio 110, Oklahoma City 104;LA Lakers 124, Utah 118; LA Lakers at Phoenix, Tuesday; San Antonio at Utah, Tuesday; Oklahoma City at LA Lakers, Friday; Utah at Oklahoma City, Dec. 3; San Antonio at Phoenix, Dec. 3.

West Group C — Golden State 3-0, Dallas 2-1, New Orleans 1-2, Denver 1-2, Memphis 0-2.

Schedule: Golden State 120, Dallas 117;New Orleans 101, Denver 94;Golden State 123, Memphis 118;Denver 122, Memphis 110;Dallas 132, New Orleans 91;Dallas 123, Denver 120;Golden State 112, New Orleans 108; New Orleans at Memphis, Friday; Memphis at Dallas, Dec. 3; Golden State at Denver, Dec. 3.

The best single-game scoring efforts in the NBA Cup this season.

60 — De'Aaron Fox, Sacramento vs. Minnesota, Nov. 15

43 — Cam Thomas, Brooklyn at New York, Nov. 15

40 — Tyler Herro, Miami at Detroit, Nov. 12

40 — Anthony Davis, LA Lakers at San Antonio, Nov. 15

There were four triple-doubles in NBA Cup games last season (Domantas Sabonis had two, Nikola Jokic had one and Tyrese Haliburton had one). There have been seven already in Cup games this season (Jokic, Giannis Antetokounmpo, Russell Westbrook, LeBron James, Jalen Johnson, Josh Hart and Alperen Sengun all have one).

Chicago got its first-ever NBA Cup win on Friday night, topping Atlanta to move to 1-5 in tournament games. That leaves Washington and Memphis (both 0-6) as the only clubs yet to win a Cup game.

Golden State's three closest wins this season: 120-117 over Dallas, 112-108 over New Orleans and 123-118 over Memphis. All three were in NBA Cup games.

To the winners: pride, a trophy and money.

Players on the winning team will claim $514,971 each, while $205,988 goes to each player on the runner-up team, $102,994 to players whose teams lost in the semifinals and $51,497 to those players whose teams lost in the quarterfinals.

If teams get eliminated in group play, they'll have two more games added to their schedule. If teams get eliminated in the quarterfinals, they'll have one more game added.

All teams have only 80 games scheduled so far in the regular season but will play 82. That's why the title game doesn't count; it would be an 83rd game for those teams (the 80 games that are already scheduled, then the quarterfinal, then the semifinal will be their 82 games).

Not every game played over the next month is a tournament game. A quick way to know if it is a tournament matchup: Every team has a new, distinctive court for these games. See those courts, and you'll know it's a Cup game.

AP NBA: https://apnews.com/hub/NBA

New York Knicks' OG Anunoby, left, dunks past Philadelphia 76ers' Kyle Lowry during the second half of an Emirates NBA Cup basketball game, Tuesday, Nov. 12, 2024, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' OG Anunoby, left, dunks past Philadelphia 76ers' Kyle Lowry during the second half of an Emirates NBA Cup basketball game, Tuesday, Nov. 12, 2024, in Philadelphia. (AP Photo/Matt Slocum)

Toronto Raptors' Jakob Poeltl goes after a loose ball with Milwaukee Bucks' Brook Lopez and Ryan Rollins during the second half of an Emirates NBA Cup tournament basketball game Tuesday, Nov. 12, 2024, in Milwaukee. (AP Photo/Morry Gash)

Toronto Raptors' Jakob Poeltl goes after a loose ball with Milwaukee Bucks' Brook Lopez and Ryan Rollins during the second half of an Emirates NBA Cup tournament basketball game Tuesday, Nov. 12, 2024, in Milwaukee. (AP Photo/Morry Gash)

New York Knicks' Karl-Anthony Towns, center, goes up for a shot past Philadelphia 76ers' Paul George, left, during the second half of an Emirates NBA Cup basketball game, Tuesday, Nov. 12, 2024, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' Karl-Anthony Towns, center, goes up for a shot past Philadelphia 76ers' Paul George, left, during the second half of an Emirates NBA Cup basketball game, Tuesday, Nov. 12, 2024, in Philadelphia. (AP Photo/Matt Slocum)

The Minnesota Timberwolves brings the ball up court against the Portland Trail Blazers during the first half of an Emirates NBA Cup basketball game in Portland, Ore., Tuesday, Nov. 12, 2024. (AP Photo/Craig Mitchelldyer)

The Minnesota Timberwolves brings the ball up court against the Portland Trail Blazers during the first half of an Emirates NBA Cup basketball game in Portland, Ore., Tuesday, Nov. 12, 2024. (AP Photo/Craig Mitchelldyer)

Charlotte Hornets' Brandon Miller, center, dunks between Philadelphia 76ers' Kelly Oubre Jr., left, and Jeff Dowtin Jr. during the second half of an NBA basketball game, Sunday, Nov. 10, 2024, in Philadelphia. (AP Photo/Matt Slocum)

Charlotte Hornets' Brandon Miller, center, dunks between Philadelphia 76ers' Kelly Oubre Jr., left, and Jeff Dowtin Jr. during the second half of an NBA basketball game, Sunday, Nov. 10, 2024, in Philadelphia. (AP Photo/Matt Slocum)

Memphis Grizzlies center Jay Huff (30) reacts after scoring as Los Angeles Lakers forward LeBron James (23) looks on during in the second half of an NBA basketball game Wednesday, Nov. 6, 2024, in Memphis, Tenn. (AP Photo/Nikki Boertman)

Memphis Grizzlies center Jay Huff (30) reacts after scoring as Los Angeles Lakers forward LeBron James (23) looks on during in the second half of an NBA basketball game Wednesday, Nov. 6, 2024, in Memphis, Tenn. (AP Photo/Nikki Boertman)

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