|Day's range||0.8600 - 0.8600|
Yahoo Finance food reporter Brooke DiPalma joins the Live show to highlight testimonies from former Starbucks CEO Howard Schultz and labor union leaders to Congress in a Senate committee hearing addressing concerns surrounding the chain's labor practices.
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.
(Bloomberg) -- Starbucks Corp.’s recently departed chief executive officer, Howard Schultz, forcefully defended the company’s response to union organizing at a Wednesday Senate hearing, rejecting judges’ and prosecutors’ accusations that the coffee chain repeatedly violated labor laws.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida CitiesFBI Releases Files on Ivana Trump$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-H