Streetbeat News

Labor Issues

WNS

WNS Holdings Limited announced Arijit Sen as the new CFO, effective July 25, 2024, replacing Sanjay Puria who is stepping down for family reasons. Puria will stay in an advisory role until April 24, 2025, to aid in a smooth transition.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:04 am

PLAY

Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) announced the appointment of Darin Harper as the new Chief Financial Officer, effective June 17, 2024. Harper, previously CFO of Main Event Entertainment and with extensive experience in the entertainment and finance sectors, will succeed Michael Quartieri, who will retire but ensure a smooth transition until June 16, 2024. The company highlights Harper's strategic insights and track record as key to driving future growth.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:50 pm

LUV

Southwest Airlines flight attendants have ratified a new contract that covers nearly 20,000 employees and will be amendable in 2028.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 7:17 pm

CRLBF

CURLF

Employees at Cresco Labs Inc.'s Massachusetts-based cannabis cultivation operations voted to de-unionize, reversing their previous decision to unionize with the UFCW Local 328. The decision was influenced by dissatisfaction with wage increases and benefits. Meanwhile, Curaleaf Holdings, Inc. faces protests in Arizona for safer working conditions and wages, with the company refusing to acknowledge the union according to a National Labor Relations Board ruling.

Portfolio Pulse from Jelena Martinovic

April 24, 2024 | 5:04 pm

SBUX

Starbucks and Workers United are scheduled to resume in-person contract negotiations this week, aiming to address and potentially resolve ongoing labor issues.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 3:55 pm

AWIN

AERWINS Technologies shares are trading lower following the company's announcement of additional staff determination.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 3:41 pm

BA

SPR

Boeing's CEO announced during a conference call that the production rate of the 787 model will slow down due to the insufficient supply of heat exchangers and seats. This supply chain issue is affecting the company's ability to maintain its production schedule.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 3:15 pm

SBUX

The U.S. Supreme Court appears to lean towards Starbucks Corp (NASDAQ:SBUX) in a legal dispute over the rehiring of seven workers at a Memphis cafe who were terminated for pursuing unionization. The case challenges a lower court's decision favoring the U.S. National Labor Relations Board's order to reinstate the employees, focusing on the legal standards for issuing a preliminary injunction under the National Labor Relations Act. The Supreme Court's decision is anticipated by the end of June, with implications for Starbucks and its stance on unionization among its workforce.

Portfolio Pulse from Shivani Kumaresan

April 24, 2024 | 2:35 pm

SLAB

Dean Butler will become the CFO of Silicon Laboratories on May 15, 2024, succeeding interim CFO Mark Mauldin. Butler, coming from Synaptics Incorporated, brings experience from senior financial roles at Marvell Technology, Inc. and Broadcom, Inc.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:15 pm

NEOV

NeoVolta Inc. has announced the appointment of Ardes Johnson as its new CEO. This strategic move aims to leverage Johnson's extensive experience to drive the company's growth and innovation in the energy storage sector.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:49 pm