On Aug. 31, U.S. District Court Judge Amos Mazzant granted the motion for summary judgment of various business groups and state attorneys general in the overtime rule case.
Previously, on Nov. 22, 2016, Judge Mazzant issued a nationwide injunction, preventing the implementation of the rule, pending a decision on the merits of the case. The injunction case is before the U.S. Court of Appeals for the Fifth Circuit. It has been fully briefed and is currently scheduled for oral argument before the court on Oct. 3.
There is much speculation that oral argument may not occur, and the DOL may withdraw the appeal, given the Aug. 31 decision of Judge Mazzant granting the motion for summary judgment, which ruled that the final rule was unlawful.MORE
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Five years after its inception, Main Street Media of Tennessee is a fast-growing media company operating in the suburbs of Nashville. Publishers of eight weekly newspapers, magazines and websites, the company's focus on hyper-local news unique to each community has allowed it to grow ad revenue as well as circulation.
In three weeks, at the SNPA News Industry Summit, hear how a "print-first" operation has been able to buck the trends and set itself on a path for continued growth.
Dave Gould, president and CEO of Main Street Media, says: "The idea that people no longer want to read newspapers is, in my opinion, completely misguided. But as an industry, we have to be honest and ask ourselves if we are offering our communities a product that will attract and retain readers. If we do that, can we then build a business model that will support our efforts to provide readers with strong newspapers? I believe the answer is 'yes' and that has been the basis of our company's growth to this point."More