Wednesday, June 27, 2012

Today's Teamster News 06.27.12

Inquiry Looks Into a Shield for Donors in Elections  New York Times   ...Mr. Schneiderman issued a wide-ranging subpoena on Tuesday to executives at a foundation affiliated with the chamber, seeking e-mails, bank records and other documents to determine whether the foundation illegally funneled $18 million to the chamber for political and lobbying activities, according to people with knowledge of the investigation...
Biden: Romney is a job creator in India, China  CNN   ...Romney's former private equity firm – owned companies that were "pioneers" in outsourcing U.S. jobs to countries like China and India...
Secretary Vilsack Testifies on Behalf of Russia Trade Bill  Trade Reform   ...Agriculture Secretary Tom Vilsack testified Thursday before the U.S. Senate Committee on Finance on behalf of a recently proposed bill to move Russia from the Jackson-Vanik Amendment to the Trade Act of 1974, thereby establishing permanent normal trade relations with the country...
"Bankruptcy Only Choice Left" As Stockton Set To Become Largest US City Chapter 9  zero hedge   ...As mediation with the city's creditors fails, the California city of Stockton looks set to become the US' largest ever city bankruptcy. The city with the second largest foreclosure-rate in the nation has seen its property taxes and other revenues decline while retiree benefits drained city coffers, according to the SF Chronicle...
Coca-Cola, Teamsters Negotiating  Hartford Courant   ...Representatives from Coca-Cola and the Teamsters Union are actively negotiating in an effort to end a strike that has gone on for more than five weeks...
JOBS: Striking Teamsters, Anheuser-Busch talk  The Press-Enterprise   ...Teamsters Local 166 President Mike Pharris on Tuesday indicated there has been movement in an attempt to resolve a strike against Anheuser-Busch Sales in Riverside...