Tuesday, October 1, 2013

Today's Teamster News 10.01.13

Teamsters: House GOP's Political Games Endanger Economy, Jobs  teamster.org   ...The Teamsters Union blasted extremist House Republicans today for endangering the U.S. economy and threatening the livelihood of millions of public and private sector workers with a possible government shutdown...
Teamsters reject Wegmans contract offer  Rochester Democrat & Chronicle   ...The International Brotherhood of Teamsters Local 118 has rejected Wegmans "last, best and final" contract offer. The grocery company says the move authorizes union members to go on strike...
Hospital, union deserve praise (opinion)  Montana Standard   ...Congratulations are in order for St. James Healthcare and Teamsters Local 2, who reached a last-minute deal late on Sept. 19 to avoid a strike...
U.S. Wealth Is Now the Most Concentrated at the Top Since 1916  AlterNet   ...The top ten-thousandth of the U.S. population have done very well under President Obama’s leadership, even if they had predominantly voted and contributed to Mitt Romney...
US Chamber of Commerce: TPP is one month away  CNBC   ..."I think we are getting close. The [U.S.] President will be able to announce, as will other world leaders, progress in the right direction [at the Asia-Pacific Economic Cooperation meeting], but my guess is that it's got another month in it," Donohue told CNBC Asia's Squawk Box on Tuesday...
FHA to get $1.7 billion in its first taxpayer-funded bailout  Los Angeles Times   ...The Federal Housing Administration dramatically expanded its role after the subprime market collapsed, but at the expense of its own finances. Now, the government agency will get a first-ever bailout of $1.7 billion...
Google Paid $55 Million In UK Taxes On $5.5 Billion Sales In 2012  Reuters   ...Google, which has been grilled twice in the past year by a UK parliamentary committee over its tax practices, had a UK tax bill of 35 million pounds ($55 million) in 2012, on sales of $5.5 billion to British customers, its accounts showed...
A Wave of U.S. Sewing Jobs as Orders Pile Up  New York Times   ...Factories are finding that years of doing business overseas has shrunk what once was a thriving textile and apparel work force...
Toyota says it will export U.S.-built Corollas to Latin America  Los Angeles Times ...The new Toyota Corolla has barely hit car dealers but Toyota is already saying it plans to export the U.S.-built version of the compact sedan to 18 countries in Latin America and the Caribbean starting next year...
NYC inmate almost as costly as Ivy League tuition  Associated Press   ...New York is indeed an expensive place, but experts say that alone doesn't explain a recent report that found the city's annual cost per inmate was $167,731 last year — nearly as much as it costs to pay for four years of tuition at an Ivy League university...
Huge Spike In Poverty Among Elderly Women Catches Analysts By Surprise  Think Progress   ...The number of women over the age of 65 living in extreme poverty jumped by 18 percent last year after having held steady for most of the previous decade the National Women’s Law Center (NWLC) reported Thursday...
Wall Street Predators Wage Secret War on American Retirements  AlterNet   ...Financiers are lying their way to another giant theft of public money...
BP returns to court over Deepwater Horizon spill as $18 billion in fines loom  The Guardian   ...Penalties against BP for the 2010 Deepwater Horizon disaster could add up to $18 billion – five times the $3.5 billion originally set aside for fines...
Airlines shift focus from baggage fees to new services to make flying better, boosting revenue  Associated Press ...Airlines are introducing a new bevy of fees, but this time passengers might actually like them...
American Airlines plans to hire 1,500 pilots  Reuters   ...American Airlines plans to hire 1,500 pilots over the next five years as it expands international flying and takes delivery of new planes, the carrier said on Monday...
Indiana, Illinois governors endorse Illiana Expressway  Associated Press   ...The governors of Indiana and Illinois have given their endorsement to a planned 47-mile expressway aimed at relieving traffic congestion in the Chicago area and creating jobs in both states...
Consultants' contracts soar to more than $62 million for Detroit bankruptcy  Detroit Free Press   ...Contracts approved for consultants and lawyers advising emergency manager Kevyn Orr’s team as it restructures city government and prepares for a likely Chapter 9 bankruptcy have skyrocketed to at least $62 million, with some firms getting more than $10-million increases, according to records reviewed by the Free Press...