Friday, February 15, 2013

Today's Teamster News 02.15.13

U.S. Grant Funded Workers' Play at LG Chem Factory  Wall Street Journal   ...The Obama administration's electric car efforts took another hit on Wednesday after a federal inspection found a South Korean advanced battery maker never scaled up U.S. production despite receiving $142 million in federal grants...
Wall Street wins again  Salon   ...The secret truth: There never was a “task force” dedicated to ferreting out mortgage fraud...
Euro-Area Economy Shrinks Most Since Depths of Recession  Bloomberg   ...The euro-area recession deepened more than economists forecast with the worst performance in almost four years as the region’s three biggest economies suffered slumping output....
New law credited with 'eye-popping' drop in California foreclosures  Ventura County Star   ...Foreclosure activity in California and Ventura County took a dramatic tumble in January as the state’s new Homeowner Bill of Rights kicked in...
Gas, Diesel Fuel Prices Continue to Rise  USAgNet   ...The U.S. average retail price of regular gasoline increased seven cents to $3.61 per gallon, up nine cents from last year at this time...The national average diesel fuel price increased eight cents to $4.10 per gallon, 16 cents higher than last year at this time...
Brewers of Corona and Budweiser revise buyout to appease US regulators  Associated Press   ...Anheuser-Busch InBev changed the terms of its proposed $20.1 billion acquisition of Mexican brewer Grupo Modelo Thursday in an attempt to push through a deal...Regulators are leery of the tie-up because AB InBev and Modelo control about 46 percent of annual U.S. sales...
Fat-Cat Pay Makes Swiss So Mad Wages Face National Vote  Bloomberg   ...With more than 100,000 Swiss citizens having signed a petition to limit “fat-cat” pay, voters will decide at a March 3 referendum whether top executives should have their compensation set by shareholders...
Minimum Wage Would Be $21.72 If It Kept Pace With Productivity: Study  Huffington Post   ...While advancements in technology have increased the amount of goods and services that can be produced in a set amount of time, wages have remained relatively flat, the study points out...
How Labor Made US Airways, AMR Merger Happen  Forbes   ...the turning point in the merger effort may have come on April 20, 2012 when US Airways said it had gathered support from American’s three major unions for its effort to merge with American...
Ohio unions rally against outsiders doing pipeline construction  Akron Beacon Journal   ...Four building trades associated with pipeline construction will be holding a job action in Ohio's Carroll County early today where WillBros Inc., a company from over 1,300 miles away in Houston, TX is performing work...
Maine Lawmaker Proposes to Ban Union Campaign Contributions  Maine Public Broadcasting   ...a Republican lawmaker says it's a conflict of interest for public workers unions to contribute to candidates for state office, and has submitted legislation to prohibit the practice...
Kane rejects Pa. lottery contract, citing constitutional grounds  Philly.com   ...Pennsylvania Attorney General Kathleen Kane rejected the Corbett administration's contract with a British firm to manage the $3.5 billion Pennsylvania Lottery, saying it "contravenes the Pennsylvania constitution."...
Scott aims to cut port regulations to spur economic growth Herald-Tribune ...(Florida Gov. Rick) Scott wants to increase the maximum gross vehicle weight for cargo containers by 5,000 pounds...
Obama trade proposal threatens more Minnesota jobs  Workday Minnesota   ...“The Trans-Pacific Partnership would accelerate job loss in Minnesota by forcing local employers to compete with companies that take advantage of sweatshop working conditions in places like Vietnam and Malaysia, which are undercutting even Chinese manufacturers,” said Josh Wise, director of the Minnesota Fair Trade Coalition...
Justice Details ‘History Of Abusive Behavior’ At Wisconsin Supreme Court  Talking Points Memo   ...Wisconsin State Supreme Court Justice Ann Walsh Bradley ... offered details about what she called “a history of abusive behavior in our workplace that has escalated from tantrums and rages, to threats, and now to physical contact.” As early as February 2010, Bradley wrote in the document, she had emailed other justices on the court about Prosser’s “abusive temper tantrums...”
Bloomberg: NYC school bus strike is 'lost cause;' union urges him to negotiate  Staten Island Advance   ...Mayor Michael Bloomberg struck a raw nerve with his statement Thursday that the ongoing school bus strike is a "lost cause." The president of Amalgamated Transit Union Local 1181, representing the striking workers, blasted Bloomberg over the remark...