|Day's range||4.75 - 5.20|
Yahoo Finance’s Brooke DiPalma joins the Live show to discuss the expectations for former Starbucks CEO Howard Schultz’s Senate testimony amid accusations of conducting illegal union-busting campaigns.
Former Starbucks (SBUX) CEO Howard Schultz is scheduled to testify before the Senate HELP. Here's how it could impact the rest of the industry.
Liberal firebrand senator Bernie Sanders accused Starbucks founder and billionaire Howard Schultz of leading an unprecedented crusade of “illegal union-busting” at the coffee chain in a Senate hearing face-off on Wednesday. Over the course of two hours, Sanders, who chairs the Senate committee that oversees US labour laws, said that since Starbucks workers at a store in Buffalo, New York, first voted to unionise in December 2021, the company had waged “the most aggressive and illegal union-busting campaign in the modern history of our country”. “The fundamental issue we are confronting today is whether we have a system of justice that applies to all, or whether billionaires and large corporations can break the law with impunity,” Sanders said.