Tuesday, August 28, 2012

Today's Teamster News 08.28.12

Libor Scandal's Potential Costs Exploding To $88 Billion Or More  Huffington Post   ...The high-end estimate of the potential cost to the 16 banks being investigated in the Libor probe has risen to $176 billion, the WSJ writes, citing a July report by Australian firm Macquarie Research...
Unilever sees 'return to poverty' in Europe  The Telegraph   ...Unilever will adopt marketing strategies used in developing countries in order to drive future growth in Europe, as the head of its European business warned that poverty will rise in the region as a result of the debt crisis...
Appeals court rejects challenge to collective-bargaining-rights ballot proposal  Detroit Free Press   ...The Michigan Court of Appeals rejected this afternoon a challenge to a ballot proposal aimed at enshrining collective bargaining rights in the state constitution...
Frequent Capitol protesters face crackdown  Milwaukee Journal Sentinel   ...Erwin recently met with legislative aides who were feeling threatened or intimidated by protesters who have come into the aides' offices to berate them and have followed them to their cars. He suggested they try filming a demonstrator and, if that didn't work, punching the person with their free hand...
Teamsters Local 399 will start talks next week  Variety   ...Casting directors ratified a one-year successor contract last September following negotiations between the Alliance of Motion Picture and Television Producers and Local 399 of the Intl. Brotherhood of Teamsters...
Teamsters locked out by SuperMom's  Minneapolis Star Tribune   ...Twenty-two Teamsters drivers for SuperMom's bakery in St. Paul Park have been locked out of their jobs in a contract dispute. While a small work stoppage, it's part of growing national wave of labor lockouts initiated by corporations...