Teamsters

North America's Strongest Union

pension

Today's Teamster News 03.28.13

Iraqi oil: Once seen as U.S. boon, now it’s mostly China’s  McClatchy   ...Ten years after the United States invaded and occupied Iraq, the country’s oil industry is poised to boom and make the troubled nation the No.2 oil exporter in the world. But the nation that’s moving to take advantage of Iraq’s riches isn’t the United States. It’s China...

Today's Teamster News 03.07.13

McDonald's Franchises In Pennsylvania Accused Of Exploiting Student Guest Workers  Huffington Post   ...some students received as few as four hours of work a week, at the minimum wage of $7.25 per hour. After "exorbitant" deductions for housing, those wages were pushed below the legal minimum, the group says, while the students lived "up to 8 students to a room" at a cost of $300 per person...

Today's Teamster News 02.05.13

U.S. Accuses S.&P. of Fraud in Suit on Loan Bundles  New York Times   ...The Justice Department filed civil fraud charges late on Monday against the nation’s largest credit-ratings agency, Standard & Poor’s, accusing the firm of inflating the ratings of mortgage investments and setting them up for a crash when the financial crisis struck...

Today's Teamster News 05.03.12

Tea Party Congressmen Accept Cash From Bailed-Out Bankers  Bloomberg   ...Tea Party favorites such as Stephen Fincher of Tennessee were swept into Congress on a wave of anger over government-funded bailouts of banks. Now those incumbents are collecting thousands of dollars for re-election campaigns from the same Wall Street firms whose excesses they criticized. They have taken no significant steps to curb them or prevent future taxpayer-financed rescues...

Pages

Subscribe to pension