Wednesday, January 5, 2011

Today's Teamster News 1.5.11

UPS to develop health care facility in Louisville  Business First   ...United Parcel Service Inc. will build a 144,000-square-foot warehouse facility in Louisville this year to accommodate growth in its rapidly expanding health care logistics business...
Olmetti wants to serve residents of 43rd ward  JC25  ...Teamsters Local 727 business representative Carmen Olmetti, a resident of Lincoln Park, is putting his experience ... to use as a candidate for alderman of Chicago’s 43rd Ward...
National Labor Board Files for Injunction Against Local Janitorial Supplies Company  Local 639  ...After determining that Daycon Products Company has committed a series of unfair labor practices against striking workers represented by Teamsters Local 639, the National Labor Relations Board's (NLRB) General Counsel has taken the rare step of filing a petition before a U.S. District Court seeking injunctive relief...
Two unions agree to Marietta pay freeze  The News and Sentinel  ... the issue received a negative vote from the Teamsters...

Waters: Taxpayers lose with Bank of America deal  Marketwatch   ...A senior Democrat on Tuesday argued that the $2.8 billion settlement between mortgage giants Freddie Mac, Fannie Mae and Bank of America may be a 'backdoor' bailout that props the bank at the expense of taxpayers...
Big Lenders May Be First to Settle Foreclosure Probe, Iowa Says  Bloomberg   ...The five largest loan servicers, including Bank of America Corp and JPMorgan Chase & Co., may be the first to settle with the 50 state attorneys general probing foreclosure practices...
Attorney General Tom Miller Reneges on Promise to Prosecute Mortgage Fraud  naked capitalism   ...Less than a month ago promised that he would “put people in jail” Now he’s apparently decided to adopt a “move along, nothing to see here” posture...
Feds, DA offices open probe into botched blizzard cleanup: sources  (Local 831) New York Post  ...In the last two years, the agency's workforce has been slashed by 400 trash haulers and supervisors -- down from 6,300 -- because of the city's budget crisis...