Saturday, January 29, 2011

Today's Teamster News 01.29.11

YRC Worldwide Confounds the Skeptics  Motley Fool   ...Shares of YRC Worldwide (Nasdaq: YRCW), a company that I labeled its very own "pocket of weakness" in an otherwise strong industry, have revved up a Navistar-like 24.3% gain in value since I panned them in November...
West Chester FedEx Facility Closing  wlwt.com   ...Hundreds of workers lose jobs...
Fedex Finalizing Facility Closure  The Ledger   ...FedEx is winding down operations at a Lakeland trucking facility as part of a consolidation that is eliminating about 160 local jobs...
Settlement a setback for Washam after long dispute with employees (Local 117)  The News Tribune   ...“We got everything we wanted for the group as a whole”...
Farm Bureau urges passages of HB1028  pal-item.com   ...The Wayne County Farm Bureau passed a resolution last week urging passage of the Indiana Right to Work Bill (HB1028)...
The right to work, dues free, for all (opinion)  Nashua Telegraph   ...New Hampshire has the opportunity to become the nation’s 23rd “Right to Work” state and should take it...
Police, firefighters would pay more for pensions under City Hall plan  Chicago Tribune   ...The administration's proposal would raise police officers' contributions to their pension plan from 9 percent to 12 percent between 2015 and 2018, and raise firefighters' share from 9.1 percent to 12.1 percent...
Florida lawmakers see big savings in potential pension cuts  Tallahassee.com   ...But many of the employees and retirees who count on the Florida Retirement System see it as survival...
The suburban sunbelt is the scene of terrible poverty  The Economist   ...The especially severe housing bust that ended the breakneck growth of these sunbelt cities has brought with it deprivation on a scale they have never previously encountered and are struggling to address...
Goldman Sachs Gives Blankfein a Big Raise  New York Times   ...Mr. Blankfein’s 2010 compensation comes to $13.2 million...
Inequality in America is worse than in Egypt, Tunisia or Yemen  naked capitalism   ...Egyptian, Tunisian and Yemeni protesters all say that inequality is one of the main reasons they’re protesting...