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Today's Teamster News 12.16.12

Unions Go On Offense Over MI Right-to-work Law  Hispanic Business   ...Unions and liberal groups (Friday) announced they are forming a nonprofit organization to fight right-to-work legislation and Gov. Rick Snyder's "attempt to tear Michigan apart..."
NYC Teacher Pension Fund Pledges $1 Billion to Investments in Post-Sandy Rebuilding  AFL-CIO Now   ...In the aftermath of Hurricane Sandy, the New York City Teachers Retirement System today pledged $1 billion in new investments for infrastructure projects, including improvements to transportation, power, water, communications and housing in New York City and throughout the state that was hit hard by the massive November storm. In addition to repairing and upgrading facilities used by hundreds of thousands of New Yorkers, the infrastructure fund could create thousands of jobs...
Teacher from Stratford Died 'Protecting Little Ones'  Stratford Patch   ...Soto died trying to save her students from the hands of a shooter whose unthinkable killing spree Friday morning left 20 children and six adults dead, before he turned the gun on himself...
Chinese purchase of Complete Genomics requires scrutiny  Silicon Valley Mercury News   ...China, with its enormous foreign currency reserves, is soon to launch a shopping spree for U.S. companies. A goal: Capture the most critical emerging technologies with potential military or security impact. As part of this effort, Beijing Genomics Institute, of Shenzhen, is trying to buy Mountain View-based Complete Genomics, a leading genome and biotechnology firm...
The Price Of “Collective Trauma”: Greece At The Brink Of Civil War  Testoserone Pit   ...Greece is on the brink of civil war, he went on, and it seems only a question of time before the collective desperation of the people erupts into violence and spreads across the country. A ricocheting indictment of the euro bailout policies...
FNC: Residential Property Values increased 3.7% year-over-year in October  Calculated Risk   ...Based on recorded sales of non-distressed properties (existing and new homes) in the 100 largest metropolitan areas, the FNC 100-MSA composite index shows that home prices nationally were up 0.4% in October. This was the eighth consecutive month that prices moved higher, leading to a total appreciation rate of 5.1% year to date...
The Permanent Budget Crisis  Slate   ...If you want to know why the fiscal-cliff talks are having such a devilishly hard time reaching resolution, you need to look behind the issues—taxes, spending, stimulus, austerity—that are dominating this month’s debate and start looking ahead to the next debate...
UBS faces $1.6 billion fine over Libor rigging: paper  Reuters   ...UBS (UBSN.VX) faces a fine of 1.5 billion Swiss francs ($1.63 billion) to settle interest rate rigging charges, a Swiss newspaper reported on Saturday...