Teamsters
Teamsters Denounce Senate Passage Of Omnibus Spending Bill teamster.org …"With the passage of the omnibus spending bill by the Senate, we have witnessed the latest attack by corporate interests on working families...
Trade
Call for release of Trans-Pacific Partnership text ComputerWorld ...Forty-eight non-government organisations have issued a call for the release of the draft text of the Trans-Pacific Partnership agreement...
State Battles
Early federal sentencing recommendation for McDonnell: At least 10 years in prison Washington Post ...The federal agency that will play a pivotal role in guiding the sentence of former Virginia governor Robert F. McDonnell has recommended that the onetime Republican rising star spend at least 10 years and a month in prison, according to several people familiar with the matter...
War on Workers
Cromnibus Pension Provisions Gut Forty Years of Policy, Allow Existing Pensions to Be Slashed naked capitalism …[The] measure included in Congress’s mammoth spending bill permits benefit cuts for retirees in one type of pension plan, a big shift that lawmakers and others believe could set a precedent for other troubled retirement programs. Lawmakers and experts, while divided over the merits of the change, largely agreed that it could well be the first of many...
Study: For every $1 corporations spend on elections, they get $760 from government Ring of Fire …From 2007 to 2012, 200 American corporations spent about $5.8 billion on federal lobbying and campaign contributions, but that number is mere chump change when compared to what those same corporations got in return — about $4.4 trillion in federal business and support, according to a study by the Sunlight Foundation...
What's Complicated About a Government That Works to Benefit Rich People? Center for Economic Policy and Research ...we have had a government committed to redistributing income upward for the last three decades...
Congress Again Rewards Tax Dodgers with a Tax Cut Economic Policy Institute ...If a $1 budget reduction yields a $10.60 reduction in enforcement collections, then the $191 million reduction in the IRS enforcement budget could prove to be a $2 billion tax cut for tax cheats. There appears to be a disconnect between what Congress enacts and what the American public wants...
Transport strike likely to shut down much of Belgium Agence France-Press ...Belgium risks coming to a virtual standstill tomorrow as the biggest national strike for years grounds all flights, halts public transport and severs international train links in a protest over the new government's austerity policies...
Smoke killed Thanksgiving Tower workers trapped in deep tank, officials say Dallas Morning News ...Three workers killed in a Thanksgiving Tower fire died of smoke inhalation while trapped in a “dilapidated” 35-foot-deep chiller tank, authorities said Friday. The Occupational Safety and Health Administration and Dallas Fire-Rescue are investigating Thursday’s blaze. A city official said it appeared that the workers did not follow proper safety procedures, nor did they have the proper permit to do work with a torch, although officials still haven’t confirmed what started the fire...
Miscellaneous
Will cheap oil kill Keystone? Politico Pro …The same collapse in oil prices that is pumping dollars into motorists’ wallets also risks undermining the case for building the 1,179-mile pipeline in two crucial ways: It’s squeezing the western Canadian oil industry that has looked to Keystone as its most promising route to the Gulf Coast...
Dancing around data The Hill …A recent Pew study found that ninety-one percent of Americans say that they have “lost control” over how their personal information is collected or used by companies...
Showing posts with label tax cheating. Show all posts
Showing posts with label tax cheating. Show all posts
Monday, December 15, 2014
Thursday, July 10, 2014
Today's Teamster News 07.10.14
Teamster News
Buy American: It Makes Dollars And Sense Detroit News ...a proposed 12-nation Pacific Rim trade deal could take away the federal government’s ability to enforce a law allowing it to favor American companies when purchasing goods...
Chelsea City Employees Get 2 Percent Raises, City Manager's Contract Extended Chelsea Standard ...Police Officer's Association of Michigan (POAM) and Teamsters Local 214 recently negotiated with the city, in closed sessions, and have reached collective bargaining agreements for fiscal year 2014-15...
Truckers Strike Briefly Shuts 4 Terminals At L.A., Long Beach Ports Los Angeles Times ...On Tuesday picket lines moved to some port terminals ... In a brief escalation of the day-old strike, dockworkers walked off the job at the Evergreen, APL and Yusen terminals in Los Angeles around 9 a.m., and at the Long Beach Container Terminal an hour later...
Labor Dispute Briefly Shuts LA, Long Beach Ports Grand Island Independent ...Nearly 1,000 dockworkers briefly walked off their jobs Tuesday at the massive ports of Los Angeles and Long Beach, disrupting the movement of international cargo before a mediator ordered them back..
Union Workers Picket Outside EVSC Administration Building WTVW ...Teamsters Local 215 members take an old school approach to grab attention and a few honks...
GET Drivers Poised To Strike Next Week Bakersfield Californian ...Bakersfield public bus drivers are poised to walk off the job Tuesday unless there is a breakthrough in labor contract negotiations. Members of Visalia-based Teamsters Local #517 voted Sunday to authorize a strike, half a dozen drivers with Golden Empire Transit District said...
Teamsters locals sued over ‘illegal strikes’ Post-Tribune ...International Brotherhood of Teamsters Local 142 in Gary and Local 179 in Joliet, Illinois, used several strikes in 2012 to get Roberts Pipeline to use Teamsters members on its construction projects, according to the lawsuit filed Tuesday in U.S. District Court in Hammond...
Trade
U.S. International Goods and Services Bureau of Economic Analysis ...total May exports of $195.5 billion and imports of $239.8 billion resulted in a goods and services deficit of $44.4 billion, down from $47.0 billion in April, revised...
State Battles
Why is Wisconsin lagging other states on jobs? (opinion) Milwaukee Journal Sentinel ... well over 400,000 Wisconsin workers were forced to cut their spending significantly. Some of that reduced spending would have been on goods produced elsewhere ... But much of that reduced spending would have been on locally produced services — restaurant meals, trips to the Dells and hair salon appointments — reducing job growth in Wisconsin. That's where the job gap shows up — in about 30,000 fewer private service-sector jobs than expected, over the past three years...
Courtroom Drama: Voting Rights Paid for in Blood Under Siege in North Carolina American Prospect ...Glazier laid out how his Republican colleagues—with almost no study or debate—stripped away more than a decade’s worth of reforms that had dramatically increased ballot access for African Americans...
L.A. Hotel Workers Could Get $15.37 An Hour - The Highest Minimum Wage In The U.S. CNN Money ...Now, Los Angeles hotel workers might be outdoing them all with the country's highest minimum wage: $15.37 an hour, thanks to a new city ordinance that is expected to pass by Labor Day...
War On Workers
Chinese Hackers Pursue Key Data on U.S. Workers New York Times ...Chinese hackers in March broke into the computer networks of the United States government agency that houses the personal information of all federal employees, according to senior American officials...
Corporate Tax Behavior So Bad Even Fortune Magazine Can’t Stomach It American Prospect ...There is “a new kind of American corporate exceptionalism...: companies that have decided to desert our country to avoid paying taxes but expect to keep receiving the full array of benefits that being American confers, and that everyone else is paying for...
Is wage stagnation keeping homebuyers away? Housing Wire ...In Atlanta, asking prices rose 15.7% while wages only rose 0.8%. In Bakersfield, California, asking prices rose 13.9% while wages actually dropped by 0.3%...
Is Uber Above The Law? Probably Not Bloomberg Businessweek ...The Virginia and Ann Arbor showdowns come amid an escalating series of legislative skirmishes on both sides of the Atlantic, with divergent results. Last week, Pittsburgh judges issued their own cease-and-desist instruction to Uber and Lyft, while a London agency rejected a complaint against the companies brought by taxi drivers, granting Uber a reprieve until courts rule on legal challenges to their operation later this year...
How Corporate Tax Cheats Still Get Billions In Government Business Think Progress ...Despite supposed bans on companies that move offshore to avoid paying U.S. taxes getting federal contracts, more than a dozen large off-shored companies get more than $1 billion a year from government work, according to a Bloomberg News investigation...
Miscellaneous
NSA Spied On Five Politically Active Citizens, The Intercept Reports Huffington Post ...The National Security Agency spied on five American citizens despite a lack of any finding that they posed a threat to national security, The Intercept, an investigative outlet co-founded by Greenwald, is reporting Wednesday...
US military studied how to influence Twitter users in Darpa-funded research The Guardian ...The activities of users of Twitter and other social media services were recorded and analysed as part of a major project funded by the US military, in a program that covers ground similar to Facebook’s controversial experiment into how to control emotions by manipulating news feeds...
Buy American: It Makes Dollars And Sense Detroit News ...a proposed 12-nation Pacific Rim trade deal could take away the federal government’s ability to enforce a law allowing it to favor American companies when purchasing goods...
Chelsea City Employees Get 2 Percent Raises, City Manager's Contract Extended Chelsea Standard ...Police Officer's Association of Michigan (POAM) and Teamsters Local 214 recently negotiated with the city, in closed sessions, and have reached collective bargaining agreements for fiscal year 2014-15...
Truckers Strike Briefly Shuts 4 Terminals At L.A., Long Beach Ports Los Angeles Times ...On Tuesday picket lines moved to some port terminals ... In a brief escalation of the day-old strike, dockworkers walked off the job at the Evergreen, APL and Yusen terminals in Los Angeles around 9 a.m., and at the Long Beach Container Terminal an hour later...
Labor Dispute Briefly Shuts LA, Long Beach Ports Grand Island Independent ...Nearly 1,000 dockworkers briefly walked off their jobs Tuesday at the massive ports of Los Angeles and Long Beach, disrupting the movement of international cargo before a mediator ordered them back..
Union Workers Picket Outside EVSC Administration Building WTVW ...Teamsters Local 215 members take an old school approach to grab attention and a few honks...
GET Drivers Poised To Strike Next Week Bakersfield Californian ...Bakersfield public bus drivers are poised to walk off the job Tuesday unless there is a breakthrough in labor contract negotiations. Members of Visalia-based Teamsters Local #517 voted Sunday to authorize a strike, half a dozen drivers with Golden Empire Transit District said...
Teamsters locals sued over ‘illegal strikes’ Post-Tribune ...International Brotherhood of Teamsters Local 142 in Gary and Local 179 in Joliet, Illinois, used several strikes in 2012 to get Roberts Pipeline to use Teamsters members on its construction projects, according to the lawsuit filed Tuesday in U.S. District Court in Hammond...
Trade
U.S. International Goods and Services Bureau of Economic Analysis ...total May exports of $195.5 billion and imports of $239.8 billion resulted in a goods and services deficit of $44.4 billion, down from $47.0 billion in April, revised...
State Battles
Why is Wisconsin lagging other states on jobs? (opinion) Milwaukee Journal Sentinel ... well over 400,000 Wisconsin workers were forced to cut their spending significantly. Some of that reduced spending would have been on goods produced elsewhere ... But much of that reduced spending would have been on locally produced services — restaurant meals, trips to the Dells and hair salon appointments — reducing job growth in Wisconsin. That's where the job gap shows up — in about 30,000 fewer private service-sector jobs than expected, over the past three years...
Courtroom Drama: Voting Rights Paid for in Blood Under Siege in North Carolina American Prospect ...Glazier laid out how his Republican colleagues—with almost no study or debate—stripped away more than a decade’s worth of reforms that had dramatically increased ballot access for African Americans...
L.A. Hotel Workers Could Get $15.37 An Hour - The Highest Minimum Wage In The U.S. CNN Money ...Now, Los Angeles hotel workers might be outdoing them all with the country's highest minimum wage: $15.37 an hour, thanks to a new city ordinance that is expected to pass by Labor Day...
War On Workers
Chinese Hackers Pursue Key Data on U.S. Workers New York Times ...Chinese hackers in March broke into the computer networks of the United States government agency that houses the personal information of all federal employees, according to senior American officials...
Corporate Tax Behavior So Bad Even Fortune Magazine Can’t Stomach It American Prospect ...There is “a new kind of American corporate exceptionalism...: companies that have decided to desert our country to avoid paying taxes but expect to keep receiving the full array of benefits that being American confers, and that everyone else is paying for...
Is wage stagnation keeping homebuyers away? Housing Wire ...In Atlanta, asking prices rose 15.7% while wages only rose 0.8%. In Bakersfield, California, asking prices rose 13.9% while wages actually dropped by 0.3%...
Is Uber Above The Law? Probably Not Bloomberg Businessweek ...The Virginia and Ann Arbor showdowns come amid an escalating series of legislative skirmishes on both sides of the Atlantic, with divergent results. Last week, Pittsburgh judges issued their own cease-and-desist instruction to Uber and Lyft, while a London agency rejected a complaint against the companies brought by taxi drivers, granting Uber a reprieve until courts rule on legal challenges to their operation later this year...
How Corporate Tax Cheats Still Get Billions In Government Business Think Progress ...Despite supposed bans on companies that move offshore to avoid paying U.S. taxes getting federal contracts, more than a dozen large off-shored companies get more than $1 billion a year from government work, according to a Bloomberg News investigation...
Miscellaneous
NSA Spied On Five Politically Active Citizens, The Intercept Reports Huffington Post ...The National Security Agency spied on five American citizens despite a lack of any finding that they posed a threat to national security, The Intercept, an investigative outlet co-founded by Greenwald, is reporting Wednesday...
US military studied how to influence Twitter users in Darpa-funded research The Guardian ...The activities of users of Twitter and other social media services were recorded and analysed as part of a major project funded by the US military, in a program that covers ground similar to Facebook’s controversial experiment into how to control emotions by manipulating news feeds...
Tuesday, July 8, 2014
Today's Teamster News 07.08.14
Teamster News
Port Truck Drivers Picket Harbor-Area Trucking Companies Los Angeles Times ...More than 120 truck drivers at the Los Angeles and Long Beach ports walked off the job Monday morning, organizers said, launching an indefinite protest against what they say are widespread workplace violations...
Teamsters Initiate Labor Action At LA-Long Beach In Midst Of Longshore Talks Journal of Commerce ...The Teamsters union, in the latest salvo in its long-sought plan to organize port truckers, took advantage of a critical juncture in contract negotiations for a new West Coast longshore agreement to set up pickets against three drayage companies operating at Los Angeles-Long Beach...
California Truck Drivers Go On Strike MSNBC ...California truck drivers at three major transportation companies went on strike Monday morning, demanding an end to purported labor law violations such as misclassification and intimidation. ...
California Truck Drivers Go On Indefinite Strike Think Progress ...The core complaint underlying the union drive is that companies like Total Transportation Services, Inc. (TTSI), Green Fleet Systems, and Pacific 9 Transportation deem their drivers “independent contractors” in order to avoid paying overtime and prevent their workers from enjoying various other labor law protections...
Teamsters Joint Council 16 Makes Three State Senate Endorsements New York Observer ...The union backed ex-Councilman Leroy Comrie’s bid against indicted Queens State Senator Malcolm Smith, Dell Smitherman’s campaign against indicted Brooklyn State Senator John Sampson and Bronx State Senator Gustavo Rivera’s re-election campaign against Councilman Fernando Cabrera...
Teamsters union demands action from Ga. Ports Authority WJCL News ...Teamsters Local Union 728 out of Atlanta announced this week that it has called on the Georgia Ports Authority to come out publicly condemning the classification of port truck drivers as contract employees rather than full-time...
Trade
NE Ohio steelmakers keeping close eye on Commerce Department ruling Trade Reform ...July 11 …(is) the date when the U.S. Department of Commerce is set to decide whether to put new import duties on tubular steel — the type generally referred to as “oil country tubular goods” or “OCTG.”...
Steel Institute Joins Autos and Other Industries in Joint Outreach to Administration on Currency Manipulation Steel Guru ...The American Iron and Steel Institute and a dozen other pro manufacturing groups impacted by unfair trade practices have asked the Obama Administration to make sure strong and enforceable provisions prohibiting currency manipulation are included in all future US free trade agreements, including the Trans Pacific Partnership currently under negotiation...
State Battles
No Job Loss In Most States That Raised The Minimum Wage Fiscal Times ...Of the 13 states that raised their minimum wages, all but one saw job growth in the first five months of 2014. To be sure, that’s a small achievement in an environment where the national economy is adding something on the order of 250,000 jobs per month. The really interesting finding is that the states that raised the minimum wage saw job growth that was, on average, higher than states that did not...
War On Workers
Why You Feel Poorer zero hedge ...Wages are not keeping up with inflation, even the understated numbers reported by government. In short, the decline of a once-great economic power is well underway. The country is no longer growing enough to raise everyone’s standard of living...
American Workers Die Needlessly In The Heat Every Year Washington Post ...Over the past 10 years, the average is 36 deaths and 2,810 heat-related illnesses each year. While that’s bad enough, OSHA officials think the true numbers are higher, because autopsies aren’t usually performed on the victims and many heat-related deaths are listed as heart attacks...
Where Does $2 Trillion in Subsidies for the Wealthiest Hide in Plain Sight? Capital Gains Tax Breaks. Next New Deal ...Under current law, the federal government will deliver an estimated $1.34 trillion in subsidies to investors over the next 10 years in the form of reduced tax rates for capital gains and dividends. Sixty-eight percent of that money will go to the top 1 percent. Stiglitz argues that there is “no justification for taxing those who work hard to earn a living at a higher rate than those who derive their income from speculation...”
REVEALED: Court docs show role of Pixar and Dreamworks Animation in Silicon Valley wage-fixing cartel Pando Daily ...Private emails sent by Pixar’s president and co-founder, Ed Catmull, and found by Pando amongst court documents, clearly state that Katzenberg’s Dreamworks Animation was party to the same secret non-solicitation agreements that the Department of Justice deemed were illegal antitrust violations that served to suppress workers’ wages. Catmull’s deposition in 2013 for the class action lawsuit further demonstrates that Dreamworks Animation was party to the illegal wage theft conspiracy...
Positively Un-American Tax Dodges Fortune Magazine ...Yes, leaving the country–a process that tax techies call inversion–is perfectly legal. A company does this by reincorporating in a place like Ireland, where the corporate tax rate is 12.5%, compared with 35% in the U.S. Inversion also makes it easier to divert what would normally be U.S. earnings to foreign, lower-tax locales ... mass inversion is a whole other thing, and that’s where we’re heading...
Miscellaneous
The NSA Said Edward Snowden Had No Access To Surveillance Intercepts. They Lied. Mother Jones ...In fact, he provided the Washington Post with a cache of 22,000 intercept reports containing 160,000 individual intercepts. The Post has spent months reviewing these files and estimates that 11 percent of the intercepted accounts belonged to NSA targets and the remaining 89 percent were "incidental" collections from bystanders...
Port Truck Drivers Picket Harbor-Area Trucking Companies Los Angeles Times ...More than 120 truck drivers at the Los Angeles and Long Beach ports walked off the job Monday morning, organizers said, launching an indefinite protest against what they say are widespread workplace violations...
Teamsters Initiate Labor Action At LA-Long Beach In Midst Of Longshore Talks Journal of Commerce ...The Teamsters union, in the latest salvo in its long-sought plan to organize port truckers, took advantage of a critical juncture in contract negotiations for a new West Coast longshore agreement to set up pickets against three drayage companies operating at Los Angeles-Long Beach...
California Truck Drivers Go On Strike MSNBC ...California truck drivers at three major transportation companies went on strike Monday morning, demanding an end to purported labor law violations such as misclassification and intimidation. ...
California Truck Drivers Go On Indefinite Strike Think Progress ...The core complaint underlying the union drive is that companies like Total Transportation Services, Inc. (TTSI), Green Fleet Systems, and Pacific 9 Transportation deem their drivers “independent contractors” in order to avoid paying overtime and prevent their workers from enjoying various other labor law protections...
Teamsters Joint Council 16 Makes Three State Senate Endorsements New York Observer ...The union backed ex-Councilman Leroy Comrie’s bid against indicted Queens State Senator Malcolm Smith, Dell Smitherman’s campaign against indicted Brooklyn State Senator John Sampson and Bronx State Senator Gustavo Rivera’s re-election campaign against Councilman Fernando Cabrera...
Teamsters union demands action from Ga. Ports Authority WJCL News ...Teamsters Local Union 728 out of Atlanta announced this week that it has called on the Georgia Ports Authority to come out publicly condemning the classification of port truck drivers as contract employees rather than full-time...
Trade
NE Ohio steelmakers keeping close eye on Commerce Department ruling Trade Reform ...July 11 …(is) the date when the U.S. Department of Commerce is set to decide whether to put new import duties on tubular steel — the type generally referred to as “oil country tubular goods” or “OCTG.”...
Steel Institute Joins Autos and Other Industries in Joint Outreach to Administration on Currency Manipulation Steel Guru ...The American Iron and Steel Institute and a dozen other pro manufacturing groups impacted by unfair trade practices have asked the Obama Administration to make sure strong and enforceable provisions prohibiting currency manipulation are included in all future US free trade agreements, including the Trans Pacific Partnership currently under negotiation...
State Battles
No Job Loss In Most States That Raised The Minimum Wage Fiscal Times ...Of the 13 states that raised their minimum wages, all but one saw job growth in the first five months of 2014. To be sure, that’s a small achievement in an environment where the national economy is adding something on the order of 250,000 jobs per month. The really interesting finding is that the states that raised the minimum wage saw job growth that was, on average, higher than states that did not...
War On Workers
Why You Feel Poorer zero hedge ...Wages are not keeping up with inflation, even the understated numbers reported by government. In short, the decline of a once-great economic power is well underway. The country is no longer growing enough to raise everyone’s standard of living...
American Workers Die Needlessly In The Heat Every Year Washington Post ...Over the past 10 years, the average is 36 deaths and 2,810 heat-related illnesses each year. While that’s bad enough, OSHA officials think the true numbers are higher, because autopsies aren’t usually performed on the victims and many heat-related deaths are listed as heart attacks...
Where Does $2 Trillion in Subsidies for the Wealthiest Hide in Plain Sight? Capital Gains Tax Breaks. Next New Deal ...Under current law, the federal government will deliver an estimated $1.34 trillion in subsidies to investors over the next 10 years in the form of reduced tax rates for capital gains and dividends. Sixty-eight percent of that money will go to the top 1 percent. Stiglitz argues that there is “no justification for taxing those who work hard to earn a living at a higher rate than those who derive their income from speculation...”
REVEALED: Court docs show role of Pixar and Dreamworks Animation in Silicon Valley wage-fixing cartel Pando Daily ...Private emails sent by Pixar’s president and co-founder, Ed Catmull, and found by Pando amongst court documents, clearly state that Katzenberg’s Dreamworks Animation was party to the same secret non-solicitation agreements that the Department of Justice deemed were illegal antitrust violations that served to suppress workers’ wages. Catmull’s deposition in 2013 for the class action lawsuit further demonstrates that Dreamworks Animation was party to the illegal wage theft conspiracy...
Positively Un-American Tax Dodges Fortune Magazine ...Yes, leaving the country–a process that tax techies call inversion–is perfectly legal. A company does this by reincorporating in a place like Ireland, where the corporate tax rate is 12.5%, compared with 35% in the U.S. Inversion also makes it easier to divert what would normally be U.S. earnings to foreign, lower-tax locales ... mass inversion is a whole other thing, and that’s where we’re heading...
Miscellaneous
The NSA Said Edward Snowden Had No Access To Surveillance Intercepts. They Lied. Mother Jones ...In fact, he provided the Washington Post with a cache of 22,000 intercept reports containing 160,000 individual intercepts. The Post has spent months reviewing these files and estimates that 11 percent of the intercepted accounts belonged to NSA targets and the remaining 89 percent were "incidental" collections from bystanders...
Monday, January 14, 2013
Today's Teamster News 01.14.13
Tax Avoidance Saves Wealthiest Americans $3 Trillion Each Year Huffington Post ...Three trillion dollars a year. That's how much the wealthiest Americans avoid through the system of subsidies and schemes and sweet deals that deprive middle-class workers of their earned benefits. That's three times more than the deficit...
Taxation: Unsafe offshore Financial Times ...Galvanising co-ordinated action, Britain, Germany and France have thrown their weight behind an urgent review of the international tax standards, which they say, faces “difficulty keeping up with changes in global business practices, such as the development of ecommerce in commercial activities”. The potential reforms will start to take shape next month at a Group of 20 meeting in Russia...
Double trouble: House GOP eyes default, shutdown Politico ...The idea of allowing the country to default by refusing to increase the debt limit is getting more widespread and serious traction among House Republicans than people realize, though GOP leaders think shutting down the government is the much more likely outcome of the spending fights this winter...
House to Take Up Storm Relief Bill Amid Battle Over Spending New York Times ...Squeezed between the demands of Northeastern Republicans and conservatives, House Republican leaders have orchestrated a legislative approach that they say will allow $50 billion in aid to be approved on Tuesday...
Union leader warns of civil unrest in face of austerity programme The Independent ...Unite's Len McCluskey pledged to "fight all the way to the next election" as he said no form of protest, including the prospect of a general strike, should be ruled out. He said the Govern- ment's policies, designed to balance the nation's books, were leaving working people feeling "battered"...
China Export Surge Spurs Data Skepticism at Goldman, UBS Bloomberg ...The 14.1 percent jump from a year earlier was the biggest positive surprise since March 2011, according to data compiled by Bloomberg. The increase didn’t match goods movements through ports and imports by trading partners according to UBS, while Goldman Sachs and Mizuho Securities Asia Ltd. cited a divergence from overseas orders in a manufacturing index...
Michigan Gov Snyder to pick new Supreme Court justice – will he show moderation or ideological Republican extremism? eclectablog ...Snyder’s Supreme Court appointment will set the tone for the 2013 legislative session...
Taxation: Unsafe offshore Financial Times ...Galvanising co-ordinated action, Britain, Germany and France have thrown their weight behind an urgent review of the international tax standards, which they say, faces “difficulty keeping up with changes in global business practices, such as the development of ecommerce in commercial activities”. The potential reforms will start to take shape next month at a Group of 20 meeting in Russia...
Double trouble: House GOP eyes default, shutdown Politico ...The idea of allowing the country to default by refusing to increase the debt limit is getting more widespread and serious traction among House Republicans than people realize, though GOP leaders think shutting down the government is the much more likely outcome of the spending fights this winter...
House to Take Up Storm Relief Bill Amid Battle Over Spending New York Times ...Squeezed between the demands of Northeastern Republicans and conservatives, House Republican leaders have orchestrated a legislative approach that they say will allow $50 billion in aid to be approved on Tuesday...
Union leader warns of civil unrest in face of austerity programme The Independent ...Unite's Len McCluskey pledged to "fight all the way to the next election" as he said no form of protest, including the prospect of a general strike, should be ruled out. He said the Govern- ment's policies, designed to balance the nation's books, were leaving working people feeling "battered"...
China Export Surge Spurs Data Skepticism at Goldman, UBS Bloomberg ...The 14.1 percent jump from a year earlier was the biggest positive surprise since March 2011, according to data compiled by Bloomberg. The increase didn’t match goods movements through ports and imports by trading partners according to UBS, while Goldman Sachs and Mizuho Securities Asia Ltd. cited a divergence from overseas orders in a manufacturing index...
Michigan Gov Snyder to pick new Supreme Court justice – will he show moderation or ideological Republican extremism? eclectablog ...Snyder’s Supreme Court appointment will set the tone for the 2013 legislative session...
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