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Market Chatter: Starbucks Union Votes to Authorize Strike Ahead of Final Bargaining Stages
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Market Chatter: Starbucks Union Votes to Authorize Strike Ahead of Final Bargaining Stages
Dec 17, 2024 7:53 AM

10:31 AM EST, 12/17/2024 (MT Newswires) -- The Starbucks ( SBUX ) Workers United union said that 98% of union workers voted to authorize a strike, if required, ahead of the final stages of bargaining over contract terms, Bloomberg News reported Tuesday.

The coffee giant has "yet to bring a comprehensive economic package to the bargaining table," the news outlet reported, citing the union, adding that numerous legal issues have yet to be resolved.

Starbucks ( SBUX ) didn't immediately respond to comment, Bloomberg reported.

The company didn't immediately respond to MT Newswires' request for a comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 93.40, Change: +0.28, Percent Change: +0.30

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