Labor unions end proxy fight at Starbucks after bargaining progress
Publishing timestamp: 2024-03-05 12:04:31
Summary
A group of labor unions is ending its proxy fight at Starbucks after agreeing to work on collective bargaining. The unions believe progress has been made and are withdrawing their board nominees. Proxy advisors recommended voting for management board nominees. The unions plan to continue holding Starbucks accountable for labor relations issues.
Sentiment: MIXED
Tickers: SBUX,
Keywords: business, business news, breaking news: business, starbucks corp, restaurants, labor unions, breaking news, labor economy, activism,