Wednesday, September 25, 2013

Today's Teamster News 09.25.13

Teamsters, Horizon Air Reach Tentative Agreement  Wall Street Journal   ...Horizon Air and the International Brotherhood of Teamsters today jointly announced a tentative agreement on a proposed five-year contract extension covering the airline's 280 aircraft technicians, fleet service agents and other fleet support positions...
CN Rail contract talks with Teamsters snagged on health, safety  Reuters   ...Contract negotiations between Canadian National Railway and the Teamsters Union appear to have stalled as CN demands changes that union officials say could jeopardize the health and safety of workers...
U.S. Income Inequality Higher Than Roman Empire's Levels: Study  Huffington Post   ...the top one percent of earners in Ancient Rome controlled 16 percent of the society's wealth. By comparison, the top one percent of American earners control 40 percent of the country's wealth...
Banks find appalling new way to cheat homeowners  Salon   ...servicers like Nationstar often failed to inform homeowners about the change in servicing rights when they are transferred, meaning that the homeowner kept paying the wrong servicer. This is a clever way to facilitate late fees; just don’t tell the customer where to send their money...
Workers Set Factories Ablaze in Call for Decent Wage for Producing Globe's 'Cheap' Clothing  Common Dreams   ...Bangladesh swept by a third day of protests that leaves nearly 150 injured...
Bangladesh Garment Protests Enter Fourth Day  Bloomberg   ...Shipping Minister Shajahan Khan met last night with factory owners and labor leaders in an effort to end demonstrations that forced about 400 of the country’s 5,000 garment factories to close yesterday...
Greeks public sector workers strike as lenders check reform progress  Reuters   ...Greek public sector workers went on strike for the second time in a week on Tuesday, shutting schools and leaving hospitals with skeleton staff, as inspectors from Greece's foreign lenders checked if the country was meeting its bailout targets...
U.S. Trade Body Urges India to Play Fair   Time   ...An American manufacturing representative body is protesting against perceived discriminatory trade practices initiated by New Delhi ahead of Indian Prime Minister Manmohan Singh’s visit to the U.S on Friday...
Unifor Talking Right To Work  Blackburn News   ...The president of Unifor Local 444 in Ontario, Canada says his union is ready to fight Right To Work legislation. Dino Chiodo calls it “work for less” legislation, because that’s what he believes it will leave his members doing if it’s ever imposed on a provincial or federal level...
Walmart Cut Employee Hours So Drastically They Can't Keep Shelves Stocked, Losing Customers Think Progress   ...Amid plunging sales and massive strikes, even Walmart has conceded it can’t run a business on a skeleton crew...
Government Shutdown Deadline In One Week  Associated Press   ...With a week left to hammer out a deal to avoid a government shutdown, some lawmakers seem resigned – if not rushing – to that end...
Robert Reich: We Can Save the Economy If We Get Serious About Taxing the Rich  AlterNet   ...New documentary "Inequality for All," starring Reich explains how to fix America's income inequality...
Nowhere to Hide: The Government's Massive Intrusion Into Our Lives  Tom Dispatch   ...The NSA isn’t the only government agency exploiting technology to make privacy obsolete...
Smithfield shareholders approve Shuanghui deal  Associated Press   ...Shareholders of Smithfield Foods Inc. on Tuesday approved a plan to sell the world’s largest pork producer and processor to a Chinese company...
Bank Of America To Pay $2.18 Million In Racial Discrimination Case  Reuters   ...Bank of America Corp was ordered to pay $2.18 million to 1,147 black job applicants over racial discrimination in hiring that kept qualified candidates from getting jobs, said the U.S. Department of Labor...
How America’s 401(k) Revolution Rewarded the Rich and Turned the Rest of Us Into Big Losers AlterNet   ...It was a bad idea from the get-go, but new research shows that America’s 401(k) revolution has left us even worse off than we thought. Here’s a look at how we got into this mess, and where it will take us if we don’t wise up...
N.J. bank fined $8.2 million over federal money-laundering violations  Star-Ledger   ...Saddle River Valley Bank, a former community bank in Bergen County that once was controlled by private equity magnate J. Christopher Flowers, has agreed to pay $8.2 million to settle federal claims that it broke U.S. anti-money laundering laws...
Union Push for I.P.O. Forces Filing at Chrysler  New York Times   ...Chrysler filed for a public stock offering on Monday, acting only under pressure from its second-largest shareholder, a trust set up to provide medical coverage for 115,000 retired autoworkers and their relatives...