Friday, December 17, 2010

Today's Teamster News 12.17.10

Teamsters Applaud Dismissal of ABF Suit  IBT   ..."Best possible outcome for  Teamsters"
UPS arranges loan for baggage systems in Mexico  Bloomberg News   ...its financial-services arm arranged a loan of nearly $23 million to install baggage-handling systems at seven Mexican airports...
FedEx 2Q profit falls, but boosts view for year  Business Week   ... growth moderated in its international priority unit, which had been booming...
Democrats concede budget fight to Republicans  Politico   ...Senate Democrats abruptly abandoned an omnibus budget bill for the coming year, pushing major spending decisions into the next Congress and giving Republicans immense new leverage to confront President Barack Obama priorities...
Congress Sends $801 Billion Tax Cut Bill to Obama  New York Times   ...Congress at midnight Thursday approved an $801 billion package of tax cuts and $57 billion for extended unemployment insurance...
Visa, MasterCard May Be Damaged by Fed's Proposal to Slash Debit-Card Fees  Bloomberg    ...the Federal Reserve proposed rules that could cut debit-card transaction fees by 90 percent...
22 Arrested in LA Foreclosure Protest at Chase  Associated Press   ...The demonstrators ... included homeowners facing foreclosure, community advocates and labor leaders...