Swipe Fee Battle Comes to a Vote Today
We have 9.1% unemployment, but we can’t pass jobs bills because they’re too expensive . We have an unreformed financial sector still desirous of engaging in risky lending, but we can’t implement risk...
View ArticleWal-Mart Dramatically Reduces Health Insurance Coverage
Wal-Mart, the nation’s largest private employer, is cutting back its health benefits to workers, in a reminder that the nation’s health care system remains broken 18 months after the passage of the...
View ArticleWalmart Worker Wildcat Strikes Spread
For the second time in a week, workers at Walmart stores, this time in five states, have walked out on the job . While Walmart does not allow unions, and the strikes are relatively time-limited, this...
View ArticleWalmart Strikes Extend to 12 Cities, Black Friday Actions Planned
The wildcat strikes by non-union Walmart associates are approaching a critical mass. The first-ever strikes have now spread to 12 cities across the country – including Chicago, Dallas, Miami, Orlando,...
View ArticleThe Importance of the Walmart Strikes
Bryce Covert has a helpful primer for why we should pay attention to these wildcat strikes carried out by a non-union coalition of Walmart associates. It does threaten to upend the status quo for...
View ArticleBanks Face Competition From Retailers on Financial Transactions
After consolidating the financial sector rather than seeing it broken up over the last few years, Wall Street actually faces competition, in the form of big box retailers . On a recent shopping trip...
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Walmart Files Unfair Labor Practice Against UFCW
Walmart Strike in Seattle, November 15, 2012. Walmart, trying to change the subject in advance of protests and strikes at the outset of the holiday shopping season , has filed an unfair labor practice...
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My Walmart Black Friday Experience, and the Productivity/Wage Gap
Police arrest striking Walmart workers in Paramount, CA Walmart workers staged their historic strike on Black Friday . Management tried to downplay it, and given how massive Walmart is, the relative...
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Bangladesh Fire Highlights Walmart’s Strategy of Plausible Deniability
100 were killed in Bangladesh factory that made clothing for Disney, Walmart and Sean Combs Bangladesh’s government has arrested three supervisors of the factory that saw a deadly fire that killed...
View ArticleBonus Watch '12: Bank Of America « Dealbreaker: Wall Street …
Loan collectors who put at least 10 customers into foreclosure, including those who were in trial modifications , were given a $500 bonus, said Gordon, who worked at Bank of America for more than four...
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