New Orleans The Supreme Court decision in Harris v. Quinn, issued on a 5-4 ideological split, denying the union of home healthcare aides in Illinois the ability to collect agency servicing fees in lieu of full membership dues, will be crippling to many local unions, but not fatal. Regardless of the opinion rendered by Justice …
Category: Financial Justice
Walmart Losing Streak Continues, Anti-Union Store Closing Illegal in Canada
New Orleans There can’t be much joy these days in Bentonville, Arkansas, home of Walmart and its buddies. The litany of woes just keeps piling up. Five consecutive quarters of reduced financial returns has to lead the list. In the land of the 1% you can just about get away with murder if you’re making …
Little Change on Foreclosure Modifications but Subprime Loans are Back
New Orleans In the US we are seven years out from the Great Recession, depending on how you count the pain and mark the scars. Homeowners have lost their homes through 7 million foreclosures in that period. More than 9 million homeowners are still underwater, owing more than the value of their homes now, with the banks, like …