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CU: Congress should reject efforts to shackle CFPB

Efforts to weaken the CFPB will undermine its ability to protect consumers View full post on Consumer Protection Stories

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Slighly higher unemployment rate despite more jobs in April

Kris Alingod – AHN News Contributor Washington, D.C., United States (AHN) – The unemployment rate grew 9 percent in April despite the economy adding more jobs than was expected. The Labor Department said on Friday nonfarm payroll increased 244,000 during the period, boosted by gains in the service, manufacturing and mining industries. In the private [...]

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Philippine employers reject proposed $1.75 daily wage hike for Metro Manila workers, offer $0.30 instead

Vittorio Hernandez – AHN News Manila, Metro Manila, Philippines (AHN) – The Employers Confederation of the Philippines rejected the $1.75 (PHP 75) daily wage increase sought by Metro Manila workers, but instead offered a paltry $0.30 (PHP 13.35) hike. ECOP President Edgardo Lacson said Wednesday at the 32nd National Conference of Employers that the country’s [...]

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CFPB comes under attack in the House

CU urges House members to oppose efforts to turn new consumer watchdog into a lapdog View full post on Consumer Protection Stories

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Three Somali immigrants killed at Mozambique-Tanzania border

Abdi Hajji Hussein – AHN News Correspondent Maputo, Mozambique (AHN) – At least three Somali immigrants have been shot and killed by border guards in Mozambique. The men were among nine traveling on foot tthrough Tanzania headed to South Africa when they were sprayed by bullets from Mozambican forces, according to a member of the [...]

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Fact sheet on CFPB and Congressional efforts to weaken it

The CFPB gets ready to launch but is already under attack in Congress View full post on Consumer Protection Stories

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Panasonic to slash another 17,000 jobs 

Kris Alingod – AHN News Contributor Osaka, Japan (AHN) – Panasonic said on Thursday it would continue to cut thousands of jobs as part of a three-year restructuring program related to its acquisition of Sanyo. The Japanese company will eliminate 17,000 positions over the next two years, putting the total number of workers removed under [...]

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CA: Stand up to chemical industry and ban BPA

The Assembly bill will help ensure the safety of the more than 500,000 babies born each year in California View full post on Consumer Protection Stories

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Detroit mayor threatens labor agreements to cut costs

Vittorio Hernandez – AHN News Detroit, MI, United States (AHN) – Detroit Mayor Dave Bing is threatening workers in the city he will void their collective bargaining agreements by passing a new state law that would lead to the appointment of a fiscal manager who would cancel the pacts. Bing is pushing for the municipal [...]

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Toyota to resume normal production at year’s end

Kris Alingod – AHN News Contributor New York, NY, United States (AHN) – Toyota said on Friday it would maintain limited production until the end of the year. The automaker is working to resolve supply chain issues and a crisis triggered by a tsunami in Japan. Production levels in domestic plants are currently at 50 [...]

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