Monday, January 7, 2013

Today's Teamster News 01.07.13

N.H.L. and Players Union Reach Tentative Agreement to End Lockout  New York Times   ...The agreement will be for 10 years, and either side can opt out after 8. The salary cap for the 2013-14 season would drop from $70.2 million in 2012-13 to $64.3 million. Each team will be allowed two contract buyouts to get under the lowered cap...
Surprise, Surprise: The Banks Win  New York Times   ...A settlement reportedly in the works with big banks will soon end a review into foreclosure abuses, and it means more of the same: no accountability for financial institutions and little help for borrowers...
Pamplona's locksmiths join revolt as banks throw families from their homes  The Guardian   ...In the years of the housing boom, Spain's banks offered 100% mortgages. Now, while receiving millions in public aid, they are throwing people out of their homes. But there's a rebellion under way...
Experts: Deal with Indianapolis flavoring manufacturer Sensient doesn't go far enough  Indianapolis Star   ...Under a settlement agreement with state regulators, an Indianapolis flavoring manufacturer that had exposed its workers to high levels of potentially unsafe chemicals will spend $4 million on safety upgrades to better protect employees...
Revisiting Florida’s 2012 Charter School Scandals  Florida Public Employees Partnership   ...Life Force Arts and Technology Academy, a publicly funded charter school in Dunedin, was open for only two years, but in that time it accumulated a lengthy list of shortcomings: mismanagement, misappropriation of funds, deviations from the authorized curriculum, bankruptcy and some of the lowest student test scores in the Tampa Bay area. Students lacked for school supplies, and teachers were paid only $85 a day, with no benefits or contracts...
Oregon charter school founders accused in $20 million racketeering lawsuit  The Oregonian   ...Tim King and Norm Donohoe, who ran a chain of taxpayer-funded charter schools across small-town Oregon from their headquarters in Clackamas, scammed the state out of $17 million and must repay that plus $2.7 million more...
Poverty in Kansas: Some fear rules cast poor families adrift  The Kansas City Star   ...Some 384,000 Kansans, or 13.8 percent of the state’s population, live at or below the poverty line, $23,050 a year for a family of four. That’s up by nearly 80,000 people since before the recession hit in 2008...