Showing posts with label dairy prices. Show all posts
Showing posts with label dairy prices. Show all posts

Wednesday, January 2, 2013

Today's Teamster News 01.02.13

House approves 'fiscal cliff' deal, rescinding broad tax hike  Los Angeles Times   ...It blocked income tax hikes for roughly 99% of households, but allowed rates to rise for those with incomes above $400,000 for individuals and $450,000 for couples. It also renewed tax credits aimed at low-income households and college students, extended unemployment benefits, delayed automatic spending cuts in defense and other government programs for two months...
Eight corporate subsidies in the fiscal cliff bill, from Goldman Sachs to Disney to NASCAR  naked capitalism   ...Sec. 306 provides tax credits to certain railroads for maintaining their tracks. It’s unclear why private businesses should be compensated for their costs of doing business...
Congress Averts 'Dairy Cliff'  Wall Street Journal   ...The fiscal-cliff bill that cleared Congress Tuesday includes a measure to avert the "dairy cliff," a sharp rise in consumer prices for milk that could have been triggered by the expiration of the 2008 farm bill...
House pulls plug on Sandy aid bill  Reuters   ...Absent a change of heart, the upshot now is that the Senate bill will die with this Congress on Thursday at noon. And the whole affair is sure to bring back memories of the famous Daily News headline in 1975—“Ford to City: Drop Dead...”
Minimum Wage Gap Grows Wider Between States  Associated Press   ...Automatic increases designed to compensate for inflation have steadily pushed up wages in some states, even through the recession, expanding the pay gap between areas that make annual adjustments and those that don't...
Lake-water infusion to delay Mississippi closing  Chicago Tribune   ...The drought-hit Mississippi River will stay open to commerce a few days longer than expected following the release of water from a lake in southern Illinois, a group of shippers said Friday...
Major banks close to big settlement on home loans  Reuters   ...U.S. regulators are close to securing another multibillion-dollar settlement with the largest banks to resolve allegations that they unlawfully cut corners when foreclosing on delinquent borrowers...
Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?  Oil Price   ...The cargo of the train was owned by Bioversal Trading Inc., or its US partner Verdero, depending on what stage of the trip it was at. The companies “made several million dollars importing and exporting the fuel to exploit a loophole in a U.S. green energy program.”...
Right to Work panned  Blackburn News   ...A labour studies professor at the University of Windsor fears Ontario may be next to contemplate Right to Work legislation. Michigan became the 24th U.S. state to pass Right to Work legislation earlier this month, and the Ontario Progressive Conservatives have publicly said they think it would be a good step forward for Ontario...
Court: Hutterites Must Pay Workers' Compensation  Associated Press   ...A sharply divided Montana Supreme Court has ruled that forcing a Hutterite religious colony to pay workers' compensation insurance for jobs outside the commune is not an unconstitutional intrusion into religion...
Scott Walker still hasn't issued a pardon  Wisconsin State Journal   ...Senate Minority Leader Chris Larson, D-Milwaukee, said Walker is shirking his duties. "Maintaining an effective and fair pardon process is an important fail-safe to an imperfect judicial system..."
Nonprofit Pays Top Executive $1.2 Million  Miami Herald   ...A nonprofit company that holds two dozen state contracts to care for troubled juveniles in Florida pays its chief executive more than $1.2 million a year in salary and benefits, most of it courtesy of taxpayers...

Monday, December 31, 2012

Today's Teamster News 12.31.12

Fiscal Cliff Talks Resume After GOP Caves On Social Security Cut  Talking Points Memo   ...Negotiations stalled Saturday night when Minority Leader Mitch McConnell pushed a Social Security benefit cut as a way to offset spending measures including emergency unemployment benefits. Democrats balked, leaked the offer to the media, and Republicans quickly retracted the demand...
House prepares three 'milk cliff' bills  The Hill   ...The three bills are aimed at preventing a spike in dairy prices looming in the new year. Because Congress has failed to renew farm programs, an underlying 1949 law is slated to kick in. This would force the government to buy up American milk at inflated prices and the purchases are expected to possibly double the price of milk at the grocery store as supplies dwindle...
Occupy Wall Street Labeled "Terrorists" By The FBI  Economic Populist   ...Wonder why all of a sudden cities across America coordinated and shut down the Occupy Wall Street movement?  Now we know and it was coordinated by the banks. The FBI, DHS, police, and private-sector financial businesses all coordinated to repress the people and suppress a movement...
Cheap Shots 2012: Scott Walker  The Daily Isthmus   ...For the second year in a row, we find it impossible to come up with a single Cheap Shot Award for our governor, who continued to put politics before policy, cater to monied interests and sow division among an already deeply divided state...
Auditors uncover problems at private prisons in Ohio  Dayton Daily News   ...unsafe and unsanitary conditions were documented by state monitors at one of Ohio’s privately-run prisons forcing the new operator to make major changes less than one year after taking control of the facility...
Tribune media company to emerge from bankruptcy  Raw Story   ...The company owns 23 television stations and a number of leading daily newspapers include the Los Angeles Times, Chicago Tribune, The Baltimore Sun, and Orlando Sentinel...
UPS: A Wonderful Company At A Fair Price  Seeking Alpha   ...UPS continues to benefit from the growth of online ordering from companies such as Amazon (AMZN)...

Saturday, December 22, 2012

Today's Teamster News 12.22.12

Alan Grayson Explains Why He Opposes A Conservative Plan To Unravel Social Security That Starts With A Chained CPI  Down With Tyranny   ...I'm against the proposed "chained CPI" cut in Social Security because it substantially undermines the protection against inflation that Social Security recipients enjoy under current law...
American Dream Fades for Generation Y Professionals  Bloomberg   ...Generation Y professionals entering the workforce are finding careers that once were gateways to high pay and upwardly mobile lives turning into detours and dead ends. Average incomes for individuals ages 25 to 34 have fallen 8 percent, double the adult population’s total drop, since the recession began in December 2007...
Delta Air Gets 22,000 Applications for 300 Attendant Jobs   Bloomberg   ...The applications arrived at a rate of two per minute, Chief Executive Officer Richard Anderson told workers in a weekly recorded message. Applicants will be interviewed in January and those hired will begin flying in June, for the peak travel season...
The Great Walmart Walkout  The Nation   ...On the heels of a series of failed organizing campaigns, unions and their allies are mounting the strongest-ever North American challenge to Walmart...
Lawmakers press for trade response to Bangladesh factory fire  Reuters   ...A dozen U.S. lawmakers pressed President Barack Obama's administration on Thursday to complete a long-running review that could lead to suspension of trade benefits for Bangladesh after a deadly factory blaze there last month..
With Farm Bill Stalled, Consumers May Face Soaring Milk Prices  New York Times   ....Forget the fiscal crisis and the automatic budget cuts. Come Jan. 1, there is a threat that milk prices could rise to $6 to $8 a gallon if Congress does not pass a new farm bill that amends farm policy dating back to the Truman presidency...
Northeast senators confident Sandy relief bill will pass  The Hill   ...Next week, the bill will face a simple majority vote for final passage, but it could be gutted by amendments first...
Michigan labor vote was political payback (opinion)  Politico   ...no amount of spin can hide the real purpose of these laws: It is to weaken the infrastructure of organized labor and, with that, the backbone of the Democratic Party and progressive movement...
Iowa Court: Bosses Can Fire 'Irresistible' Workers  Associated Press   ...A dentist acted legally when he fired an assistant that he found attractive simply because he and his wife viewed the woman as a threat to their marriage, the all-male Iowa Supreme Court ruled Friday...