Tuesday, December 14, 2010

Today's Teamster News 12.14.10

YRC's consolidation plans could bring jobs to KC  Kansas City Star
Holidays are feasts for package delivery companies  Raleigh News Observer   ...Industrywide, holiday shipments are expected to be up - a boon for businesses like FedEx and larger rival UPS...
GM Offers Buyouts to Skilled Workers  Wall Street Journal   ...offering buyouts and early-retirement incentives in hopes of persuading up to 3,000 skilled-trades workers to leave U.S. plants...
GOP Unmoved by Miners' Health Concerns While MSHA Cracks Down on Black Lung, Scofflaws  Huffington Post   ...Republicans blocked passage of a new bill Wednesday that would have enabled the Mine Safety and Health Administration (MSHA) to more effectively hold repeat offender mine owners accountable and to better protect miners' lives...
Obama meeting CEOs — now how about workers? (opinion)  Chicago Sun-Times  ...While Wall Street and corporate leaders have expressed displeasure with the president’s reform agenda — on health care and financial reform particularly — the reality is that corporations are making record profits
Senate votes for tax cut deal. What's route through House?  Washington Post   ...The deal is expected to clear the House with a combination of strong GOP support and some backing among moderate Dems...
More talk of severe budget cuts to follow tax cut deal  firedoglake   ...Anyone who thinks there won’t be spending cuts – in the first year – passed by the Congress (plenty of Democrats agree with this philosophy, especially in the Senate) that cancel out the stimulus from this deal, are living on another planet...
Incoming GOP Financial Services Chairman: Washington's Role Is "To Serve The Banks"  Alternet
How hedge funds create criminals  Harvard Business Review  ...Hedge funds are playing the role of Wall Street villain...