Friday, February 11, 2011

Today's Teamster News 02.11.11

Privately, Public Employees See Cuts as Inevitable  New York Times   ...many also acknowledge that the world they have known and the assumptions they have built their lives on are crumbling before their eyes...
Public-worker unions ready to fight GOP proposals The Columbus Dispatch   ...Senate Republicans unveil plans to eliminate collective bargaining for state workers and significantly weaken local union power. The response from unions was immediate and furious...
Walker to cut union rights in budget  Associated Press   ...he will propose removing nearly all public employee collective bargaining rights to help plug a $3.6 billion budget hole...
Democrats fight Gov. Christie's plan to privatize N.J. government functions  nj.com   ...by calling for a change in the state constitution to put a short leash on agencies that want to hire private firms...
In China, Tentative Steps Toward Global Currency  New York Times   ...Now that it has passed Japan to become the world’s second-largest economy after the United States, China is considering the next step as a world power: making its money a global currency...
Tyson Settles U.S. Charges of Bribery  New York Times   ...When top executives of Tyson Foods discovered that the company’s Mexican chicken plants were paying bribes to government inspectors, they not only allowed the practice to continue, they formed a committee to find a more acceptable way to make the illicit payments... 
Court Revives Suit Over Blackstone I.P.O.   New York Times   ...A Federal Court of Appeals reinstated a lawsuit that accuses the Blackstone Group of inadequately disclosing information in its initial public offering documents...
UPS Says It Is Still Lobbying On Labor Issue, Clarifies Stance  Wall Street Journal   ...it continues to lobby lawmakers to support a labor provision opposed by rival FedEx Corp. (FDX), in an about-face from previous comments by a UPS spokesman...
YRC Worldwide starts up an iPhone app  Kansas City Business Journal   ...If customers of YRC Worldwide Inc.’s YRC subsidiary want to track their shipments but aren’t at their computers, there’s now an app for that...
Pilot union leadership endorses labor pact with Memphis-based FedEx  The Commercial Appeal   ...Union leaders have endorsed a tentative labor agreement between FedEx and its pilots...