Wednesday, June 6, 2012

Today's Teamster News 06.06.12

Scott Walker Survives Recall, but Investigations May Zero In on Him  Daily Beast   ...Walker survives his recall fight, but reports he may be the target of two separate probes into shady dealings could still bring him down...
Factory Orders In U.S. Unexpectedly Dropped In April  Bloomberg   ...Orders to U.S. factories unexpectedly fell in April for a second month, pointing to a deceleration in manufacturing as the global economy cools...
New economy fallout – ‘wage theft’ from paychecks  McClatchy   ...The problem reflects a changing economy in which low-wage work has increased, more companies try to cut labor costs to stay afloat in a sour business climate, and fewer workers belong to unions that might protect them. At the same time, budget-cutting state and federal governments do not enforce wage laws as aggressively as they once did...
AIG Chief Sees Retirement Age As High As 80 After Crisis  Bloomberg   ...American International Group Inc. (AIG) Chief Executive Officer Robert Benmosche said Europe’s debt crisis shows governments worldwide must accept that people will have to work more years as life expectancies increase...
FedEx Retires 24 Jets To Cut Costs As U.S. Shipments Fall  Bloomberg   ...FedEx Corp. (FDX) retired 24 jets to cut capacity in the U.S. domestic Express division as a slowing economy saps shipping volumes for the operator of the world’s largest cargo airline...
James F. Woodward, Teamsters official  Washington Post   ...James F. “Woody” Woodward, 61, the national director of the building material and construction trade division of the International Brotherhood of Teamsters, died May 29 at Capital Caring’s Halquist Memorial Inpatient Center in Arlington...