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UAW Secures Landmark Volkswagen Contract as Gold Investors Brace for New Breakout
Stock Market News· 2026-02-20 02:08
Key TakeawaysVolkswagen workers ratified their first-ever union contract with a 96% majority, securing a 20% across-the-board wage increase and an immediate $6,550 ratification bonus.The agreement marks a historic victory for the United Auto Workers (UAW) in the U.S. South, a region that has traditionally been resistant to organized labor.Gold prices are experiencing extreme volatility after hitting record highs above $5,000 per ounce in January, with investors now positioning for a potential new breakout.A ...
Starbucks baristas escalate strike on Black Friday: Here's what to know
CNBC Television· 2025-11-28 16:52
Labor Dispute & Unionization - Starbucks Workers United strike enters its third week, the longest since 2021, involving over 120 stores in 85+ cities with 200+ baristas [1] - The union represents 11,000 workers at 550 stores, seeking improved hours, higher wages, and resolution of unfair labor practice charges [1] - Negotiations between Starbucks and the union have stalled since late last year [1] - The union threatens to make this the largest and longest strike in its history [1] - Over 100 lawmakers, including Senator Bernie Sanders, have urged Starbucks to address worker demands and return to negotiations [5] - Previous CEO Howard Schultz testified before Capitol Hill regarding accusations related to the unionization push [6] Business Impact & Sales - Starbucks claims 99% of its 17,000 US locations remain open, anticipating no meaningful disruption from the strike [1] - Holiday sales have been strong, with the best sales day ever when the holiday menu launched [2] - Red Cup Day was the strongest in-store sales day in history [2] - The strike involves less than 1% of Starbucks' total store count [1][3] Political Involvement - Politicians are getting involved, including calls for boycotts [5]
Starbucks baristas escalate strike on Black Friday: Here's what to know
Youtube· 2025-11-28 16:52
Core Viewpoint - The Starbucks Workers Union is expanding its strike, which began on November 13, and is now in its third week, marking the longest strike since the union's formation in 2021 [1] Group 1: Strike Details - More than 120 stores in over 85 cities are participating in the strike, with over 200 baristas involved [1] - The union represents 11,000 workers across 550 stores and is threatening to make this the largest and longest strike in its history [1] - The union is seeking improved hours, higher wages, and resolution of hundreds of unfair labor practice charges against Starbucks [1] Group 2: Company Response - Starbucks has stated that 99% of its 17,000 US locations remain open during the holiday season, including many stores that were expected to strike but did not close [1] - The company does not anticipate any meaningful disruption from the strike and is ready to negotiate when the union is prepared to return to the bargaining table [1] Group 3: Sales Performance - Holiday sales have been strong, with the company reporting its best sales day ever and the strongest Red Cup Day in store history [2] - The strike has not significantly impacted sales, as the stores involved represent a small percentage of Starbucks' overall store count and workforce [3] Group 4: Political Involvement - Over 100 lawmakers, including Senator Bernie Sanders, have urged Starbucks to respond to the strike and return to negotiations [5] - Previous CEO Howard Schultz has testified on Capitol Hill regarding accusations related to the unionization efforts [6]
JetBlue ground workers seek union vote, IAM says
Reuters· 2025-11-25 19:40
Core Points - The International Association of Machinists and Aerospace Workers (IAM) announced plans to file for a union representation election for approximately 3,000 JetBlue ground workers [1] Group 1 - IAM is representing around 3,000 JetBlue ground workers in the upcoming union representation election [1]
Starbucks barista strike expands nationwide days after NYC Mayor-elect Zohran Mamdani's boycott call
New York Post· 2025-11-21 15:58
Core Points - The Starbucks union has expanded its strike to over 30 locations across the U.S., with participation from at least 1,000 workers [1][6][8] - The strike coincided with Starbucks' "Red Cup Day," a significant promotional event for the company [6][14] - Union members are demanding better pay, improved working hours, and resolution of legal issues related to contract negotiations [8][9] Expansion of Strike - The strike has spread to stores in approximately 25 cities, including Cleveland, Memphis, and Springfield, Missouri [6][8] - The New Scotland Avenue location in Albany, NY, is the first in the Upstate Capitol region to join the strike [5] Union's Position - The union has accused Starbucks management of slow-walking contract negotiations and has called for new proposals to address their demands [8][9] - Starbucks claims that the strike has caused minimal disruption to its operations and expresses readiness to negotiate when the union is prepared [9][11] Background on Unionization - Starbucks Workers United was founded in August 2021 and has grown to represent over 14,000 workers across more than 640 locations in 45 states [10] - Currently, about 5% of Starbucks' approximately 10,000 company-owned stores in the U.S. are unionized [11]
1K unionized Starbucks baristas launch labor strike at 65 stores
Fox Business· 2025-11-13 13:16
Core Points - Over 1,000 unionized Starbucks baristas initiated a strike at 65 stores across major U.S. cities, protesting stalled labor negotiations with the company [1][2] - The strike coincided with Starbucks' Red Cup Day, a significant event for the company, aimed at disrupting operations during one of its busiest periods [1][2] - Workers are demanding better staffing, increased hours, higher pay, and resolution of over 700 pending unfair labor practice cases [5][7] Labor Relations - The union, Starbucks Workers United, claims the company is engaging in union-busting tactics and has refused to negotiate a fair contract [2][5] - The strike is expected to continue through the holiday season if no agreement is reached, with more stores potentially joining [5] - A Starbucks spokesperson stated that the strike would impact less than 1% of its coffeehouses, with most locations remaining operational [7][8] Company Response - Starbucks has expressed disappointment over the strike, noting that the union represents less than 4% of its workforce and urging a return to negotiations [8] - The company claims to offer competitive pay and benefits, averaging over $30 per hour for hourly partners [10] - Since December 2021, over 12,000 workers at nearly 650 stores have unionized, but progress on a first contract has stalled despite ongoing negotiations [11]
Grant Theft Auto developer fires employees over leaking secret information, denies allegations of union-busting
MINT· 2025-11-06 02:37
Core Points - Rockstar Games fired 30 to 40 employees for leaking confidential information, disputing claims that the firings were related to unionization efforts [2][3] - The affected employees were involved in union activities and were part of a private Discord chat group, with labor organizers as the only outsiders [2] - The Independent Workers' Union of Great Britain condemned the firings as a significant act of union-busting in the gaming industry [2] - Rockstar has a history of strict security measures, especially after a major leak in 2022, and has recently mandated employees to return to the office five days a week for security reasons [3] - Grand Theft Auto VI is scheduled for release on May 26, 2026, and is anticipated to be one of the best-selling video games ever [4]
The threat of a new barista strike looms as shareholders urge Starbucks to return to the bargaining table
Business Insider· 2025-10-23 13:38
Core Points - Unionized Starbucks baristas are planning a national strike authorization vote to escalate ongoing labor conflicts and push for their first union contract [1][2][3] - The vote is scheduled from October 24 to November 2, and if authorized, the strike would be open-ended [3] - The union represents over 12,000 baristas across more than 600 locations, but recent store closures have reduced this number significantly [11] Labor Relations - The union's demands include higher wages, better working hours, and resolution of legal issues, with a push to finalize a contract before the holiday season [3] - Starbucks has faced pressure from shareholders to improve relations with unionized employees, highlighted by an open letter urging the company to resume contract talks [13][14] - The company has been accused of unfair labor practices, including retaliation and union-busting, with hundreds of charges filed against it [10] Recent Developments - The union has planned 70 practice pickets and rallies across 60 cities to encourage voting in favor of the strike [4] - Starbucks has stated its commitment to bargaining and reaching contract agreements, claiming the union walked away from negotiations [4][17] - The labor tensions have escalated under the leadership of CEO Brian Niccol, with previous strikes occurring in November 2023, December 2024, and May 2025 [19][20][21] Shareholder Concerns - Shareholders, including activist investment firm Trillium, have expressed ongoing concerns about Starbucks' labor relations and have urged the company to reach fair agreements with unionized workers [15][18] - An independent assessment of labor practices was supported by 52% of shareholders in 2023, indicating significant investor interest in the company's labor relations [18]
Amazon wielded 'overwhelming' control over contract workers, labor board tells judge
TechXplore· 2025-09-23 10:40
Core Viewpoint - Amazon.com Inc. is accused of exercising "overwhelming control" over subcontracted drivers, which raises questions about its employment practices and potential violations of federal labor laws [1][2]. Group 1: Legal Proceedings and Allegations - The National Labor Relations Board (NLRB) claims that Amazon structured its logistics network to maintain control over drivers while denying employer responsibilities [2]. - Amazon is facing allegations of making illegal threats and refusing to negotiate after drivers organized with the Teamsters union in 2023 [2][5]. - The case involves a small group of drivers, but a ruling in favor of the Teamsters could set a precedent for unionization efforts within the company [4]. Group 2: Amazon's Defense - Amazon denies any wrongdoing and maintains that it is not the employer of its contract drivers, who are hired through third-party delivery service partners (DSPs) [3]. - Amazon's attorney argues that the complaint should be dismissed, claiming the company did not violate the National Labor Relations Act [7]. - The company has expressed intentions not to comply with document requests related to its status as a joint employer, labeling them as a "fishing expedition" [9]. Group 3: Control Over Drivers - The NLRB's attorney stated that DSPs operate as "captive delivery companies" under Amazon's direction, required to follow Amazon's unilaterally drafted terms [10]. - Amazon is said to control various aspects of the drivers' work, including wages, benefits, hours, and disciplinary actions, while monitoring their performance closely [11]. - Reports indicate that Amazon imposes strict rules on contract drivers, including personal appearance standards and social media conduct [12]. Group 4: Implications for Labor Relations - Even if Amazon is found to be the legal employer, collective bargaining with delivery drivers may still be challenging, as evidenced by difficulties faced in organizing direct employees [14]. - Rulings from agency judges can be appealed, and the political landscape of the NLRB may influence future decisions, especially with potential Republican majorities [15][16].
Starbucks workers sue over company's new dress code
New York Post· 2025-09-18 09:04
Core Viewpoint - Starbucks workers in three states have initiated legal action against the company, claiming it unlawfully changed its dress code without reimbursing employees for necessary clothing purchases [1][6][13]. Group 1: Legal Actions - Employees have filed class-action lawsuits in state courts in Illinois and Colorado, and complaints with California's Labor and Workforce Development Agency [1][2][9]. - If the California agency does not pursue penalties against Starbucks, workers plan to file a class-action lawsuit in California [2]. Group 2: Dress Code Changes - Starbucks implemented a new dress code on May 12, requiring all North American workers to wear solid black shirts under green aprons, with specific guidelines for bottoms and shoes [3][4][5]. - The new dress code prohibits face tattoos, multiple facial piercings, tongue piercings, and "theatrical makeup" [7]. - The previous dress code allowed for more self-expression, including patterned shirts and a wider variety of colors [8]. Group 3: Employee Experiences - Employees have reported incurring personal expenses to comply with the new dress code, with one employee spending $60.09 on compliant shoes and an additional $86.95 on work clothes [11][12]. - Workers have expressed frustration over the expectation to redesign their wardrobes without compensation, highlighting financial strain [12]. Group 4: Legal Basis for Claims - The lawsuits allege that Starbucks' dress code violates state laws requiring reimbursement for expenses that primarily benefit the employer [13]. - Colorado law specifically prohibits employers from imposing expenses on workers without their written consent [13][14]. Group 5: Union Involvement - The Starbucks Workers Union, which has organized 640 of Starbucks' 10,000 company-owned US stores, has filed numerous unfair labor practice charges against the company, including one related to the dress code [15].