Thursday, February 10, 2011

Today's Teamster News 02.10.11

South Korea, US Sign Revisions to Free Trade Deal  ABC News   ...The two sides agreed to revisions on the elimination of auto tariffs and South Korea said American manufacturers could export a limited number of vehicles that conform only to U.S. safety standards. The beef issue ... was ultimately not included...
High-speed rail group surveys industry's interest  San Francisco Chronicle   ...the California High-Speed Rail Authority invited private industry Wednesday to help finance, build and operate the system...
Koch Brothers Positioned To Be Big Winners If Keystone XL Pipeline Is Approved  Reuters   ...Obama’s bitterest political enemies already import and refine 25 percent of oil sands crude reaching the U.S., and stand to profit from an increased flow...
New Questions in Mortgage Financing   New York Times   ...some of those banks may have secretly collected partial payments on those same (soured) mortgages several years ago and pocketed that money...
Insider Inquiry Steps up its Focus on Hedge Funds  New York Times   ...The government has taken its strongest action against hedge funds as part of a vast investigation into insider trading on Wall Street...
Hoyer And Boehner Agree Retirement Age Should Be 'On The Table'  talkingpointsmemo.com   ...Many Democrats support the idea of raising the wage-cap on the Social Security payroll tax to shore up the program indefinitely, and the GOP doesn't...
Rule change aids unions  Houston Chronicle   ...The new rule, set last May by the National Mediation Board, requires a simple majority among votes actually cast — much the same way a community elects its mayor or school board representatives...
Mad Money Lightning Round: Cramer Likes United Parcel Service  benzinga   ...Cramer said that Fedex (NYSE: FDX) is “terrific, but I happen to like UPS more..."