Thursday, January 31, 2013

Today's Teamster News 01.31.13

Libor Lies Revealed in Rigging of $300 Trillion Benchmark   Bloomberg  ...the manipulation of Libor stands out for its breadth and audacity. Details are only now revealing just how far-reaching the scam was...
Activists shine a light on secretive Trans-Pacific Partnership talks  The Straight  ...“We are talking about allowing, basically, a parallel system that would undermine national sovereignty...It would allow conglomerates to sue citizens, threaten citizens, and remove [Internet] content that they disagree with or that they think is infringing on their intellectual property.”...
GOP's Electoral Vote Scheme Already on Life Support  Talking Points Memo  ...Key Republican officials in Virginia, Ohio, Florida, and Michigan are coming out against a RNC-backed scheme to rig the electoral vote in Democratic-leaning states in order to boost Republican presidential candidates. That leaves just Pennsylvania and Wisconsin ...
States Tax The Richest 1 Percent At Half The Rate Of The Poor  Think Progress  ...The poorest Americans are subject to a tax rate at the state and local level that is twice as high as the tax rate paid by the wealthiest earners... Middle-class taxpayers also pay higher effective rates than the wealthy....
Right-to-work bill back before N.H. Legislators  Associated Press  ...Legislation that would excuse nonunion employees from contract-negotiation fees is up for discussion once again before lawmakers, after two recent failed attempts...
UAW, salaried Chrysler workers receiving bonuses or profit sharing checks  Michigan Live  ...All eligible Chrysler Group LLC’s salaried and hourly workers will receive either a performance bonus or a profit-sharing check ... the Auburn Hills-based automaker’s turnaround ... included a $1.7 billion profit, up from $183 million in 2011...
Hoffa Statement On The Decline In U.S. Gross Domestic Product  IBT   ...the U.S. economy is shrinking due to a fall in government spending. That should tell us that government austerity is not just wrong, it's bad economic policy...
Hoffa Statement On President Obama's Immigration Reform Proposal  IBT ...We're especially concerned that the final result truly protects all workers and isn't reminiscent of guest worker programs of the past...
Nowak Sworn In As New President of Michigan Teamsters Joint Council 43  IBT ...Determined to chart a new course for Michigan Teamsters during the challenging months and years ahead, Teamsters Local 1038 President Greg Nowak was sworn in today...
Durham, Teamsters Negotiate on School Bus Driver Salaries  Mount Pleasant Patch   ...A Durham School Services spokesman said Wednesday the company is offering school bus drivers a 3 percent raise in response to their request for a 12 percent raise, ABC News 4 reported...In response to Durham's press conference Wednesday, Teamsters 509 released this statement: Durham School Services initially told us they did not want to negotiate this contract through the media. We have honored their request despite the fact that they have not done the same...
Sanitation workers end strike against Republic Services  The Commercial Appeal  ...The 180 members of Teamsters Local 984 still don't have a contract with Republic Services; it expired last fall. But they decided to end a three-day strike after learning the company is handing over bonus checks that were two weeks late...
Workers at Avis Budget Group in Florida Join Teamsters Local 385  IBT  ...by a 15-7 vote, workers at the Avis Budget Group chose to join Local 385 in Orlando, Florida. There are 27 workers in the bargaining unit, located at Orlando International Airport...
Arkansas Best Corp. Reports Loss, Seeks End to Teamsters Talk  Arkansas Business Online  ...ABF Freight System Inc. expects contract negotiations with the International Brotherhood of Teamsters to be resolved by a March 31 deadline, but the CEO of its parent company said Wednesday that the firm is exploring options in case a new agreement can't be reached...
Union: We offered to suspend NYC school bus strike, but Bloomberg said 'no'  Staten Island Advance ...The striking workers of Amalgamated Transit Union Local 1181 say they've offered a two-to-three-month "cooling off" period where they would return to their school bus routes...