Thursday, January 9, 2014

Today's Teamster News 01.09.13

Jim Hoffa on How Fast Track Will Harm Working Families  The Ed Show   ...Check out the January 7 interview with Teamsters General President Jim Hoffa discussing fast-track legislation on MSNBC's The Ed Show...
Madison, Wisconsin, unions near deals  Portage Daily Register   ...The city is close to finalizing labor agreements with all three of the unions, including Teamsters Local 695 in Madison, Wisconsin, that represent city employees...
Hampton, Franklin County talk shared law communications  Waterloo Cedar Falls Courier   ...Hampton and Franklin County have taken another step forward to sharing communication services. The issue of transferring employees, including members of Teamsters Local 238, stalled negotiations last summer...
Dixfield Board of Selectmen chairman responds to union's grievance  River Valley Sun Journal   ...During a recent meeting, the town of Dixfield, Maine's Board of Selectmen Chairman Mac Gill read a prepared statement in response to the prohibitive practice complaint that Teamsters Local 340 filed against the town, claiming that they had showed discrimination and bad-faith bargaining during negotiations with the Public Works Department...
YRC Worldwide Looking to Borrow More Than $1 Billion to Stay Afloat  Truckinginfo.com   ...The financially troubled parent of several trucking companies, including YRC Freight, hopes to borrow $1.15 billion to refinance its debt...

Congress members urge Obama to bar currency manipulation in trade pact  Detroit News   ...Six members of Congress wrote President Barack Obama on Wednesday, urging the White House to include a crackdown on currency manipulation as part of a proposed 12-nation free-trade pact...
Survey: US companies add 238K jobs, most in year  Associated Press   ...A private survey shows businesses added the most jobs in a year in December, powered by a big gain in construction jobs...
Pension freeze for 5,600 Detroit workers delayed  The Detroit News   ...Emergency Manager Kevyn Orr on Monday temporarily halted a Dec. 31 freeze of pension benefits for 5,600 non-uniform employees to give retirees and labor unions more time to negotiate in bankruptcy mediation sessions...
Feds Probe Banks For Mortgage Misdeeds After Financial Crisis  Reuters   ...Federal regulators are probing whether several big banks deliberately mispriced mortgage bonds in the years following the financial crisis, the Wall Street Journal reported, citing people close to the inquiry...

Borrowers Hit Social-Media Hurdles  Wall Street Journal   ...More lending companies are mining Facebook, FB +0.54%  Twitter TWTR -3.53%  and other social-media data to help determine a borrower's creditworthiness or identity, a trend that is raising concerns among consumer groups and regulators...
The Government Guide to Screwing Poor Homeowners  American Prospect   ...The expiration of federal mortgage-debt forgiveness at the end of last year means that struggling homeowners now owe unbearable amounts in taxes...
Macy’s Plans to Lay Off 2,500, Though Its Holiday Sales Were Up New York Times ...While it reported solid holiday sales on Wednesday, Macy’s also announced several cost-cutting measures, including plans to lay off 2,500 employees...
1 in 5 homeowners drowning  Housing Wire ...9.3 million U.S. residential properties were deeply underwater, or about 1 in 5 of every property with a mortgage. "Deeply underwater" is defined as worth at least 25% less than the combined loans secured by the property...Dear middle class: Welcome to poverty  AlterNet   ...With income inequality surging, the middle class is disappearing into the chasm...
This Is What Poverty Would Look Like If The GOP Had Its Way
  Huffington Post   ...This week marks the 50th anniversary of Lyndon Johnson's declaration of the War on Poverty. Though far from over, and labeled a failure by Republicans who want to end it, the war has been a smashing success, a new study finds...
Soiled by the mud of the street:” Pope Francis and the Working Class  Portside ...Francis is calling for a wider struggle in the defense of the poor and working classes...

Several States Waiving Trucking Rules for Fuel Shipments  Truckinginfo.com   ...Extraordinarily cold weather in part of the U.S. has resulted in more states issuing emergency declarations, waiving mainly hours of service rules, when it comes to hauling various fuels...
"Recall Isn't the Wisconsin Way" Message Bankrolled by Koch Group  Center for Media and Democracy   ...In the final weeks of Wisconsin's 2012 recall elections, a previously-unknown group called Coalition for American Values Action flooded the state's airwaves with over $400,000 in ads that made a unique appeal: "recall is not the Wisconsin way," and to "stop the recall madness" by voting to reelect Walker...

Calls from unemployed workers overwhelm state phone system  Milwaukee Journal Sentinel   ...Unemployed workers who want to file for unemployment compensation are having trouble getting through on the Wisconsin Department of Workforce Development's phone lines...
Port of Seattle says it will act by June on airport-wages issue  Seattle Times   ...The Port of Seattle Commission will work toward raising wages at Sea-Tac International Airport after a judge’s ruling that SeaTac’s Proposition 1 cannot be enforced there...