Saturday, December 3, 2011

Today's Teamster News 12.03.11

YRC Worldwide Executes 1-for-300 reverse stock split  IBT   ...today’s actions will not affect the value of your shares, but they will lower the total number of shares in your account...
Bloomberg's Girlfriend Diana Taylor Threatens to Resign From Sotheby’s Board If Teamsters’ Demands Are Met (Video)  New York Observer   ...this is perhaps the most inflammatory response the Teamsters could have hoped for...
Toll rejects Hoffa's claims on LA truckers  The Sydney Morning Herald   ...James Hoffa, son of the legendary American union boss Jimmy Hoffa, has led a rally outside Australian transport company Toll Holdings' Los Angeles facility to protest what he says was the sacking of 26 US truck drivers...
Banks May Have Illegally Foreclosed On 5,000 Members Of The Military  ThinkProgress   ... the Office of the Comptroller of the Currency has found that banks — including Bank of America, Wells Fargo, and Citigroup — may have improperly foreclosed on up to 5,000 active members of the military...
Alabama red-faced as second foreign car boss held under immigration law  The Guardian   ...To arrest one foreign car-making executive under Alabama's new tough immigration laws may be regarded as a misfortune; to arrest a second looks like carelessness...
Bloomberg: If I Had It My Way I’d Dump Half Of NYC’s Teachers  CBS News   ...And I would, if I had the abilitym... cut the number of teachers in half, but you would double the compensation of them and you would weed out all the bad ones and just have good teachers. And double the class size with a better teacher is a good deal for the students...”