Previous close | 0.3400 |
Open | 0.2100 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 135.00 |
Expiry date | 2025-01-17 |
Day's range | 0.2100 - 0.3400 |
Contract range | N/A |
Volume | |
Open interest | 217 |
Starbucks (SBUX) reachead $88.75 at the closing of the latest trading day, reflecting a +1% change compared to its last close.
A U.S. appeals court on Wednesday rejected Starbucks' claims that an employee vote to unionize at the coffee company's flagship Seattle store was invalid because it was held via mail ballot during the COVID-19 pandemic. A three-judge 9th U.S. Circuit Court of Appeals panel upheld a National Labor Relations Board decision that the company, which is facing a nationwide union organizing campaign, must recognize and bargain with the store's union, which represents nearly 100 workers. Starbucks claimed a labor board official who ordered the mail-ballot election in March 2022 used the wrong data to determine that an in-person election was unsafe due to an upward trend in COVID cases in the Seattle area at the time.
(Reuters) -A U.S. appeals court on Wednesday rejected Starbucks' claims that an employee vote to unionize at the coffee company's flagship Seattle store was invalid because it was held via mail ballot during the COVID-19 pandemic. A three-judge 9th U.S. Circuit Court of Appeals panel upheld a National Labor Relations Board decision that the company, which is facing a nationwide union organizing campaign, must recognize and bargain with the store's union, which represents nearly 100 workers. Starbucks claimed a labor board official who ordered the mail-ballot election in March 2022 used the wrong data to determine that an in-person election was unsafe due to an upward trend in COVID cases in the Seattle area at the time.