In July, Patriot Coal filed for Chapter 11 bankruptcy in the Southern District of New York. Among the reasons for Patriot’s financial difficulties were the huge legacy costs related to health care benefits and pensions owed to retirees and widows of former employees. The company's intended goal, it seems, according to the Mine Workers (UMWA), is to get out of obligations to the miners that worked hard for decades, often doing significant damage to their own health.
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Apple CEO Tim Cook is appearing before the Senate Permanent Subcommittee on Investigations today to answer charges that his company has avoided paying billions of dollars in taxes through the use of overseas tax shelters and loopholes in the corporate tax code. An investigation by the subcommittee found that Apple has shifted tens of billions of dollars of two subsidiaries in Ireland, while claiming that neither subsidiary is a tax resident of any country.
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Organizers from the Home Defenders League, Occupy Our Homes and allied organizations estimate that more than 500 people attended a rally at the U.S. Department of Justice on Monday, calling for Attorney General Eric Holder to begin arresting bankers accused of fraud and unscrupulous lending practices. As of Tuesday morning, at least 27 demonstrators had been arrested after an attempt to enter the Justice Department building was prevented by law enforcement.
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Oklahoma City-area union members who were impacted by tornadoes and who participate in Union Plus programs may be eligible for financial assistance.
Union Plus Disaster Relief Grants of $500 are available to help participants in the Union Plus Credit Card, Insurance or Mortgage programs who are facing financial hardship due to this devastating natural disaster. The money does not have to be repaid.
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At today’s Mondelēz International's shareholder meeting, the IUF, the international union body representing food workers worldwide, and unions representing the company’s North American employees raised concerns about human rights abuses in the company’s overseas operations. Many Mondelēz-branded cookies and crackers are produced by union members, including Oreo, Chips Ahoy, Ritz and Triscuit.
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Thanks to what Texas AFL-CIO President Becky Moeller calls a “historic, robust” bipartisan effort, the Texas Legislature approved on Monday a "Buy American" provision for water projects that establishes a preference for iron, steel and manufactured goods produced in the United States. Says Moeller:
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UPDATE: The death toll from the Moore tornado has been revised downward and stands at 24 as of noon today. But officials say they expect it to increase as rescue workers search the wreckage.
While rescue operations continue in Moore, Okla., after one of the worst and deadliest tornadoes on record that has claimed more than 50 lives, with the toll expected to climb, relief efforts are being organized. The Oklahoma State AFL-CIO and central labor council community service liaisons are working through the United Way.
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While, according to official government statistics, union density declined last year, there were a handful of states that actually saw an increase in membership. California placed at the top of this list.
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After a debate that took nearly 10 hours over three legislative days, the Minnesota House of Representatives approved historic legislation Monday that extends collective bargaining rights to family child care providers and personal care attendants. The bill passed 68-66 after surviving 20 Republican amendments trying to undermine it. Gov. Mark Dayton promises to sign the bill.
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Apple (like many giant, multinational corporations) has been avoiding paying the taxes they owe to the country by setting up foreign “subsidiaries” in tax-haven countries and moving jobs and profit centers out of the country. They have accumulated billions upon billions of dollars in these tax havens. Now they want a special tax break to reward them for doing that.
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