Monday, September 3, 2012

Today's Teamster News 09.03.12

N.Y. attorney general opens probe into private equity firms, including Bain  Associated Press   ...Attorney General Eric T. Schneiderman is examining whether the firms used a tax strategy to avoid paying hundreds of millions of dollars in taxes. The practice involved converting some fees collected for managing accounts into fund investments, resulting in a tax rate of 15 percent instead of 35 percent...
Labor tries to soften image with 'hug a union thug' booth in Charlotte  The Hill   ...In Charlotte, people will be asked to “hug a union thug” at a CarolinaFest booth sponsored by the North Carolina State AFL-CIO the day before the Democratic National Convention officially begins. Also in honor of Monday, videos are being posted online thanking workers while actors and athletes will use Twitter to express support for union rights...
New labor law pinches unions  Post-Tribune   ...It’s only been about six months since Indiana legislators passed the so-called right-to-work bill and already its adverse effects are being felt at the union hall and negotiating table, according to union leaders and labor experts...
Union angst at Supervalu  Star-Tribune   ...As the big grocery company puts itself up for sale, its 80,000 union workers wonder what the future holds...
U.S. Steel, USW union reach tentative labor deal  MarketWatch   ...The United Steelworkers said late Sunday that the union has reached a tentative agreement on a three-year contract with United States Steel Corp. X +0.67%  covering more than 16,000 workers at its U.S. facilities...
Teamsters leader shaped by Lincoln County  Charleston Gazette-Mail   ... Every day is Labor Day for the working-class Lincoln County boy who rose to the second highest post in the International Brotherhood of Teamsters, a success story that amazes even the man who lived it...
Teamsters local beefs up presence in parade and new headquarters  Akron Beacon Journal   ...Teamsters Local 24 President Travis Bornstein talks about their new office location at Rolling Acres Mall in Akron...