Monday, August 25, 2014

Today's Teamster News 08.25.14

Trade
Cambodian rat meat: A growing export market  BBC News   ...A unique harvest is under way in the rice fields of Cambodia where tens of thousands of wild rats are being trapped alive each day to feed a growing export market for the meat of rural rodents...
Steel Institute, Others Visit South Carolina to Address Currency Manipulation  Trade Reform   ...unfair currency policies hurt American job creation and economic growth – impacting the more than 3,000 steel jobs in South Carolina...
State Battles
Troubled New York Hedge Fund Billionaire Sent Scott Walker $1 Million  Political Environment  ...The firm’s founder, Steven A. Cohen, has so far escaped criminal charges. But the firm that bore his initials agreed in November to plead guilty to an array of insider trading allegations and to pay overall penalties totaling $1.8 billion...
War on Workers
The US Is One Of The Last Developed Countries Where It Can Still Take Days For Money To Show Up In Your Bank Account  Business Insider   ...while regulators and some financial institutions are finally recognizing this should no longer be the case, it will likely take years for any reforms to take effect...
Study: Overtime rules could benefit 6M  The Hill   ...Regulations now under construction at the Labor Department could expand the sphere of workers eligible for overtime pay by more than 6 million, according to a new study from the Economic Policy Institute (EPI)...
No to Walmart-Style Classrooms  Making Change at Walmart   ...the Walton family, who owns Walmart, is also trying to spread the Walmart business model to our classrooms...
Dollar stores in battle to double down on the poor  Reuters   ... Family Dollar Stores,, which operates about 8,200 stores in mainly urban sections of the U.S., is the target of an $9 billion cash takeover offer from rival Dollar General and an $8.5 billion cash and stock offer from Dollar Tree. Both competitors are betting not only on the health of the deep discount retail sector but also on the intractability of poverty in America...
Burger King the Latest to Jump on the Corporate Tax Inversion Bandwagon  naked capitalism   ...Burger King Worldwide Inc. is in talks to buy Canadian coffee-and-doughnut chain Tim Hortons Inc., a deal that would be structured as a so-called tax inversion and move the hamburger seller’s base to Canada...
Robots Able to Pick Peppers, Test Soil, and Prune Plants Aim To Replace Farm Workers  Singularity Hub   ...Farm robots are increasingly capable of autonomously performing complex tasks including plowing, plant and soil surveillance, and even the harvesting of fruit and vegetables...