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Daily Headlines
Ohio governor signs SB 47, starts clock for opponents to shut down bill
(Source: Plain Dealer, March 25, 2013) COLUMBUS, Ohio — Gov. John Kasich signed legislation Friday that would make it harder for Ohio voters to repeal laws. Now the clock is ticking for opponents who could void the controversial bill. A provision in Senate Bill 47...
Washington Post analysis of large firms shows declining tax burden as a share of profits
(Source: Washington Post, March 26, 2013) WASHINGTON, D.C. — Procter & Gamble, the Cincinnati-based company behind Pampers diapers and Tide detergent, reported a federal tax burden in 1969 that was 40 percent of its total profits, a typical rate in those days. More...
Real wages decline; literally no one notices
(Source: Angry Bear Blog, March 26, 2013) Your read it here first: Real wages fell 0.2% in 2012, down from $295.49 (1982-84 dollars) to $294.83 per week, according to the 2013 Economic Report of the President. Thus, a 1.9% increase in nominal wages was more than wiped...
Teamsters take demands for U.S. workers’ rights to National Express Group headquarters
(Source: International Brotherhood of Teamsters press release, March 27, 2013) BIRMINGHAM, England — Teamster school bus drivers who work at National Express Group PLC (NEX: LN) rallied with British members of Unite the Union outside the company’s headquarters today,...
Corporations may be forced to disclose spending on ALEC, think tanks and astroturf groups
(Source: Teamster Nation, March 26, 2013) WASHINGTON, D.C. — The Securities and Exchange Commission is actually considering a rule that would force corporations to disclose their political spending. The SEC received a record 469,000 comments on the proposal. Only five...
Amtrak asks for $2.1 billion to buy new trains, improve tracks
(Source: Bloomberg, March 27, 2013) WASHINGTON, D.C. — Amtrak has asked Congress to more than double its capital budget so it can buy more trains and improve infrastructure. In a letter today to Vice President Joe Biden and House Speaker John Boehner, Amtrak CEO Joe...
BLET National Division office holiday hours
CLEVELAND, March 28 — In observance of Good Friday, the BLET National Division office will be closed on Friday, March 29, 2013. Regular business hours will resume on Monday, April 1, 2013. BLET National President Dennis R. Pierce extends best wishes to all BLET...
Amtrak reduces U.S. subsidy request after loss narrows
(Source: Bloomberg, March 27, 2013) WASHINGTON, D.C. — Amtrak will ask Congress for 16 percent less in operating subsidies for next year after recording its smallest annual loss in 38 years. Amtrak will seek $373 million in operating support, compared with the $443...
Canadian Pacific spill highlights oil transportation debate
(Source: Globe and Mail, March 27, 2013) TORONTO — A Canadian Pacific Railway Ltd. train spilled more than 20,000 gallons of oil onto frozen ground in northwest Minnesota on Wednesday, at a time when the safety of transporting crude by rail is increasingly in the...
Canadian Pacific derailment spills more than 20,000 gallons of crude oil in Minnesota
(Source: Bloomberg, March 28, 2013) PARKERS PRAIRIE, Minn. — A Canadian Pacific Railway Ltd. (CP) train carrying crude oil derailed in west-central Minnesota, spilling between 20,000 and 30,000 gallons, the Minnesota Pollution Control Agency said. The train derailed...
