Tuesday, December 20, 2011

Today's Teamster News 12.20.11

AT&T Is Paying the Biggest Breakup Fee Ever  Wall Street Journal   ...AT&T will be paying ex-merger partner T-Mobile USA $4 billion in cash and assets for walking away from their proposed $39 billion marriage...
Spain grits teeth yet again as austerity deepens  The Telegraph   ...The conservative leader pledged to fight Spain's unemployment curse by shaking up the labour markets. The jobless rate has hit 22.8pc with 5.4m people out of work. The tally is certain to rise further as the economy falls back into recession...
Homeless kids in U.S. number 1.6 million: study  Agence France-Presse   ...Of the children affected, 42 percent were under the age of six, and a third of them were living with single mothers with chronic illnesses, the study found...
Occupy Atlanta Helps Save Iraq War Veteran's Home From Foreclosure  Huffington Post   ...Activists began occupying Brigitte Walker's home on Dec. 6. By the end of that first week, JPMorgan Chase, which owns her mortgage, began discussing with the activists and Walker the possibility of a loan modification. Chase's modification offer became official Monday morning...
Right to Work Reality Check: Debunking Jim Buck  Indiana State AFL-CIO   ...Buck claimed that there were a number of companies that refused to locate to Indiana because of a lack of such a law. However, when pressed for examples, he could not name a single company and offered to provide "a list" later...
In Madison, 1,000 Singers Defy Walker’s Edict  The Progressive   ...Despite Gov. Scott Walker’s edict that no more than three people can gather inside the capitol for a demonstration without a permit, about 1,000 people joined the Solidarity Sing-along at noon on Monday...
Utica school district, Teamsters reach agreement  Observer-Dispatch   ...The Utica City School District and the union that represents the janitors, cleaners and maintenance workers have agreed on a new contract...that trades a 2 percent raise...