Labor unions end proxy fight at Starbucks after bargaining progress

Steph Kronos, a pro-Union activist, tries to talk to Starbucks customers as she joins Starbucks workers, former employees, and supporters in holding signs in support of a strike, outside of a Starbucks store in Arlington, Virginia, on November 16, 2023.A group of labor unions is ending its proxy fight at Starbucks, a person familiar with the matter told CNBC, after the two sides agreed last week to work toward a "foundational framework" on collective bargaining.The cessation comes after two influential prox ...