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Some Amazon warehouse workers are striking. The company says it isn't affecting holiday deliveries.
Business Insider· 2024-12-19 16:56
Amazon workers at several warehouses went on strike on Thursday.The strike comes in the middle of Amazon's key holiday shopping and shipping season.Amazon said that it wasn't seeing an impact on its operations.Amazon workers at seven Amazon fulfillment centers went on strike Thursday, though the retailer said it wasn't seeing effects on its holiday delivery operations.Advertisement The workers are walking off the job after Amazon refused to bargain with them over a contract, according to a statement from t ...
Apple is exploring a way to bring AI features to iPhones in China, report says
Business Insider· 2024-12-19 13:55
Apple is looking to integrate AI in iPhones sold in China via local partnerships, Reuters reported.Regulatory barriers in China mean Apple is required to partner with domestic AI companies.Apple has faced increasing local competition in one of its key markets.Apple is in early-stage talks with Tencent and ByteDance to integrate their AI models into iPhones sold in China, Reuters reported.Advertisement The move could be a way for Apple to introduce AI to mobile devices in China after the country blocked its ...
Starbucks' new CEO said he wants to improve work for its baristas. They aren't happy yet.
Business Insider· 2024-12-18 19:16
Starbucks CEO Brian Niccol has talked about improving conditions for baristas.A potential strike at some Starbucks stores represents a test on that front for the new CEO.Niccol has made some operational changes, but Starbucks Workers United wants better pay.Starbucks CEO Brian Niccol has talked about improving working conditions for the company's baristas.Advertisement Now, as thousands of them prepare for a potential strike, Niccol faces a test of that commitment.Baristas who are part of Starbucks Workers ...
Boeing has restarted production of more jets as it comes back online following its punishing strike
Business Insider· 2024-12-18 12:04
Boeing has resumed the production of the 767 and 777 as it gets back online after a lengthy strike.Following the end of the strike, the aviation giant had already restarted 737 production.Boeing has had a troubled 2024 after a midair blowout in January shone a light on its quality control.Boeing has resumed its production across its range of aircraft in the Pacific Northwest factories as it gets back online following its lengthy and costly strike.Advertisement The aviation giant, which had already resumed ...
Starbucks is on the cusp of a major barista strike
Business Insider· 2024-12-18 06:12
Core Points - Starbucks Workers United, the largest union representing over 10,000 baristas, has authorized a nationwide strike with 98% of its members voting in favor due to unresolved unfair labor practice cases and inadequate pay proposals from the company [2][4] - Starbucks expressed disappointment regarding the union's decision to consider a strike, emphasizing that productive negotiations had taken place, resulting in thirty meaningful agreements since April [3][8] - The company is facing challenges, including a 7% decline in comparable sales year-over-year and a 3% decrease in net revenue to $9.1 billion [8][9] Union and Strike Details - The union's strike authorization is a response to hundreds of unresolved unfair labor practice cases and the company's failure to present a comprehensive pay package during negotiations [2][3] - In June 2023, over 150 unionized stores previously went on strike to protest the company's treatment of LGBTQIA+ workers, indicating ongoing tensions between the union and the company [5] Company Policies and Financial Performance - Starting in March, Starbucks will enhance its parental leave policy, offering up to 18 weeks of paid leave for birth parents and up to 12 weeks for non-birth parents, addressing employee feedback on existing benefits [6][7] - The company operates 11,161 company-operated stores and 7,263 licensed stores in North America, with approximately 4.5% of these stores being unionized as of October [4]
AT&T follows Amazon in cracking down on remote work with 5-days-in-office mandate
Business Insider· 2024-12-18 02:52
AT&T is requiring many office employees to work on-site a full five days a week starting in January.The telecom giant previously accommodated a hybrid schedule in its return-to-office push.The news comes as Amazon has delayed some RTO plans due to capacity issues.AT&T's return-to-office mandate is set to get more strict in the new year.Advertisement The Dallas-based telecom giant confirmed to Business Insider that it is requiring all office employees to work on-site five days a week starting in January. Th ...
Honda and Nissan, once rivals, are talking about merging — and Nissan investors are thrilled
Business Insider· 2024-12-18 01:53
Core Viewpoint - Nissan and Honda are exploring a merger to enhance their competitiveness in the electric vehicle (EV) market, responding to challenges posed by Tesla and Chinese manufacturers [1][2][4]. Group 1: Merger Considerations - The potential merger aims to strengthen the existing ties between Nissan and Honda, allowing them to pool resources and increase their market power [1][2]. - Both companies have confirmed they are in negotiations regarding the merger, marking a significant shift from their previous rivalry [2][5]. Group 2: Market Reaction - Following the news of the merger discussions, Nissan's stock surged nearly 22% on Tuesday, although it later settled at an 11% gain after hours [3]. - In contrast, Honda's shares experienced a decline of approximately 1.3% after the merger news was confirmed [5]. Group 3: Context and Background - The merger talks come in the wake of Nissan's struggles with falling profits and a significant workforce reduction of 9,000 jobs globally in November [3]. - Earlier in the year, Honda and Nissan had already agreed to collaborate on EV batteries and software, indicating a move towards greater cooperation [4]. - Nissan's CEO, Makoto Uchida, acknowledged the need for partnerships to enhance competitiveness, highlighting the limitations of going it alone in the current market [5].
Walmart is testing body cameras for some front-line employees in Texas
Business Insider· 2024-12-17 22:07
Walmart is testing out body-cams for store employees in one market in Texas.A spokesperson said the goal of the pilot is to improve worker safety and evaluate the results.Earlier this year, Axon introduced a line of cameras designed for retail and healthcare workers.Walmart shoppers in Texas may want to think twice before losing their cool with a store employee — the interaction could be captured from an up-close-and-personal camera angle.Advertisement The retail giant is testing body-cams for store employ ...
Apple is working on a foldable iPad and iPhone, reports say
Business Insider· 2024-12-16 11:26
Apple plans to launch a foldable giant iPad and a folding iPhone, according to multiple reports. The foldable tablet device is reportedly the size of two iPad Pros.Apple could also introduce a thinner iPhone next year, the reports said. Apple is developing a foldable iPad and a foldable iPhone, according to multiple reports.Advertisement Apple is working towards bringing the foldable iPad, said to be the size of two iPad Pros when unfolded, to market around 2028, Bloomberg's Mark Gurman reported in the "Po ...
Boeing is spending $1 billion to expand a plant that builds the 787 as it seeks to boost production
Business Insider· 2024-12-13 10:51
Boeing has committed $1 billion to expand its 787 Dreamliner manufacturing plant in South Carolina.The investment aims to upgrade infrastructure and create 500 jobs over five years.Boeing is looking to ramp production up after a tough year in which it faced major losses. Boeing said on Thursday it will commit $1 billion to its 787 Dreamliner manufacturing plant in South Carolina as it seeks to ramp up production after a difficult 2024.Advertisement The Virginia-based firm has planned for the investment to ...