Friday, March 4, 2011

Friday Morning One-Liners:

A&P will next week ask a bankruptcy judge to approve $1.76 million in payments to four of its top executives, part of a $6.8 million "key employee retention plan" that covers 146 non-union employees.  Read more @ WSJ.
The nation’s employers added 192,000 jobs in February, after having added just 63,000 the previous month.  Find the latest statistics here.

Yesterday, Creditors, Unions (UFCW), Trustee Objected to A&P's Bonus Plan.  Calling the plan a "band-aid" retention plan.

More @WSJ: A&P will next week ask a bankruptcy judge to approve $1.76 million in payments to four of its top executives, part of a $6.8 million "key employee retention plan" that covers 146 non-union employees. 

Three days until California contracts expire covering 62,000 UFCW grocery workers. More @PressEnterprise.

Ahold's Q4 summary shows "solid" numbers.

Ahold, Looking for Growth: “We're actively looking for growth opportunities where we see a strategic fit, the price is right, and we can integrate smoothly,” Dick Boer, chief executive officer of Ahold, from today's Supermarket News.

Major LGBT groups say NO to Walmart in NYC.

John Castimatidis (CEO of Gristedes) joined Neil Cavuto to discuss rising inflation.

Target will pay $22.5M for illegally dumping Toxic Waste out in California.

NYPIRG has 2010's top lobbyist clients, 2010 broke records on $$ spent, with Beverage and Teachers topping the list.

#Wisconsin
Scott Walker, Governor of Wisconsin, says he will start issuing layoff warnings to public sector unions representing 1,500 employees on Friday, if his bill remained in limbo.  Read more @NYTimes

Walker's Budget extends attacks on Seniors, Children & Poor.

AFL-CIO Blog: Killing Workplace Rights is Un-American.  
Must Watch: Watch Congressman George Miller's speech on the floor: Attack on Middle-Class American's.
Must Read: The New Yorker, Union Blues. & Richard Trumka's Op-Ed in WSJ: Scott Walker's False Choice
Half of Wisconsin's workers want to recall Walker.


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