Friday, April 13, 2012

News Updates

RWDSU President Stuart Appelbaum tells the NY POST people should stop picking on John Liu.

LI Herald questions Target Valley Stream's convenient closing.

Aldi announced another Long Island location, this time in Lindenhurst.

Ron Burkle has closed a deal with Amalgamated Bank.  More @ Crain's.
Their firms each invested approximately $50 million, with Mr. Burkle’s firm, the Yucaipa Companies, bringing in Magic Johnson Enterprises as an investor in the deal.
Amalgamated had sought the investments from Mr. Ross, a prominent investor in the steel and coal industries, and Mr. Burkle, a supermarket magnate, after the New York State Banking Department ordered the bank to increase its capital ratio to 7 percent by this August, after it had slipped to 6.2 percent.
The Winnipeg Press gives an update on Target in Canada. 

With Target knocking on the Canadian door, Walmart switches their focus to food in Canada.

Scott Walker adds more ammunition to aid his recall.

People's world writes: Rough go for Anti-Union Campaigns.

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