Blow to labor as New York Gov. Kathy Hochul vetoes bill to ban noncompete agreements, citing search for 'right balance'

New York’s governor vetoed a bill days before Christmas that would have banned noncompete agreements, which restrict workers’ ability to leave their job for a role with a rival business. Gov. Kathy Hochul, who said she tried to work with the Legislature on a “reasonable compromise” this year,…

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