Tuesday, November 15, 2011

Obama :: It Gets Better by Chips

"MITT ROMNEY: Our Veterans Deserve Better"

Talking Points > Unions

LEVELING THE PLAYING FIELD FOR WORKERS

OCCUPY TOGETHER!

Judge OKs $410M Settlement for Bank of America Customers

A federal judge on Monday gave final approval to a $410 million settlement in a class-action lawsuit affecting more than 13 million Bank of America customers who had debit card overdrafts during the past decade.

Senior U.S. District Judge James Lawrence King said the agreement was fair and reasonable, even though it drew criticism from some customers because they would only receive a fraction of what they paid in overdraft fees. The fees were usually $35 per occurrence.
"It's really undisputed that this is one of the largest settlements ever in a consumer case," said Aaron Podhurst, a lead attorney for the customer class.

Made in USA - CDs - Sony investing $72 million in Terre Haute plant

TERRE HAUTE — Sony DADC, an electronics and digital equipment manufacturer in Terre Haute, is seeking a tax abatement worth more than $5 million for new investment at the company’s Fruitridge Avenue plant.

Sony, which locally manufactures Blu-ray equipment, compact discs, video games and other electronic and entertainment products, is planning to invest nearly $72 million in new and upgraded equipment at the Terre Haute plant, according to documents provided to the Terre Haute City Council.

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