Saturday, November 10, 2012

Today's Teamster News 11.10.12

Hurricane Sandy Relief Effort Likely To Be Largest In U.S. Since Katrina  Associated Press   ...Widespread destruction from Superstorm Sandy will likely make for the largest U.S. relief effort by the American Red Cross and others since Hurricane Katrina...
A Foxconn factory may be coming to a town near you...  manufacture this   ...Foxconn is considering Los Angeles and Detroit as potential locations for a factory.  Additionally, Digitimes mentions that Foxconn may go beyond just manufacturing and include a university training program...
Raising Taxes On Rich Won't Hurt Economic Growth, CBO Says  Reuters   ...Allowing income tax rates to rise for wealthy Americans would not hurt U.S. economic growth much in 2013 if Congress extends expiring tax rates on lower income levels, the Congressional Budget Office said...
Ohio GOP Continues Extreme Agenda Despite Message from Voters  Plunderbund   ...A message to Ohio GOP: Just because you’ve gerrymandered everything in your favor doesn’t mean you have a mandate for extremism.  It looks like you’re at it again, though...
Airport screeners ratify first-ever union contract with TSA  Newark Star-Ledger   ...The nation’s 44,000 newly unionized airport screeners have ratified their first-ever collective bargaining agreement, giving them more say in what they wear on the job, the shifts they work and the time off they take, whether they can change from part-time to full-time work or back, their union announced today...
Direct government student loans exceed half a trillion; higher education costs out of control  Sober Look   ...The report on consumer credit from the Fed today showed another sharp increase in government financed student loans. The balance now exceeds half a trillion dollars, which is in addition to the student loans guaranteed (but not funded) by the federal government...