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Starbucks baristas escalate strike on Black Friday
CNBC Television· 2025-11-28 17:01
The strike will be heading into its third week and it is the longest one that Starbucks Workers United has held since it began organizing in 2021. Now, the union says more than 120 stores in over 85 cities are now participating with more than 200 baristas engaged. In a statement, Workers United said, "We need real solutions that address our basic demands and the hundreds of labor law violations that remain outstanding. The ball is in their court." The union represents 11,000 workers at 550 stores, and it's ...
Striking machinists at Boeing Defense approve union's proposed contract that company rejected
Reuters· 2025-09-19 16:43
Group 1 - Striking workers at Boeing Defense have approved a four-year contract proposal from union leadership [1] - The management of Boeing has already refused to consider the proposed contract [1] - The union involved is the International Association of Machinists and Aerospace Workers (IAM) [1]
UPS Avoids Strike in Multiple States: What's Ahead on the Labor Front?
ZACKS· 2025-08-14 15:41
Group 1 - UPS has resolved several grievances and a local contract dispute, avoiding a major labor crisis and halting strikes in Kentucky and six other states [1][10] - The relationship between Teamsters and UPS remains strained, with allegations of UPS violating the National Master Agreement [2][4] - Teamsters are dissatisfied with UPS for not hiring the promised number of full-time employees and for offering buyout packages to reduce labor costs [3][4] Group 2 - UPS is lagging in delivering air-conditioned vehicles and creating new full-time jobs as per contractual obligations [4][10] - The company is streamlining its delivery network in response to lower parcel volumes and has decided to cut its business with Amazon by 50% by 2026 [5][10] - UPS shares have declined over 31% in the past year, underperforming its industry, and currently trades at a forward price-to-earnings ratio of 12.4X, which is considered expensive [8][9] Group 3 - The Zacks Consensus Estimate for UPS' earnings for 2025 and 2026 has been revised downward over the past 30 days [12] - Current earnings estimates for UPS are $6.58 for 2025 and $7.44 for 2026, down from previous estimates of $7.05 and $7.96 respectively [12] - UPS currently holds a Zacks Rank 4 (Sell) [12]
X @BBC News (World)
BBC News (World)· 2025-07-26 05:29
Summer of stink: Inside America's garbage labour dispute https://t.co/0RY1X2SPHP ...