Streetbeat News

Labor Issues

ADV

Advantage Solutions has appointed George Johnson as the new chief workforce operations officer. Johnson is expected to enhance client service, improve frontline teammate experience, and drive workforce efficiency with his extensive labor expertise.

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December 30, 2024 | 9:15 pm

BA

Boeing ends a challenging year with a jet crash in South Korea, adding to its troubles including a machinists strike and safety issues with its top-selling airliner.

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December 30, 2024 | 7:30 pm

LUV

Southwest Airlines is facing a $100 million lawsuit filed by Sanford Heisler Sharp McKnight for allegedly violating state and federal labor laws by refusing to pay workers on a weekly basis.

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December 30, 2024 | 3:15 pm

SBUX

Starbucks Co. (NASDAQ: SBUX) experienced a stock sell-off in December 2024 due to a five-day strike by its union workers. The strike involved over 11,000 baristas across 535 company-owned stores in the U.S.

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December 30, 2024 | 1:45 pm

BA

Boeing's stock is crashing due to ongoing issues with faulty aircraft from the MAX series and a major worker strike, despite recent improvements in November 2024.

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December 30, 2024 | 12:15 pm

BA

Boeing faces a critical year in 2025 to demonstrate its recovery to stakeholders after challenges since the 2018 Lion Air crash.

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December 28, 2024 | 3:45 pm

BCS

Barclays has terminated over a dozen bankers and traders on Wall Street, totaling 15 out of approximately 50 layoffs last month, without providing bonuses.

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December 27, 2024 | 8:45 pm

SBUX

A federal appeals court has largely rejected Starbucks' appeal against a National Labor Relations Board (NLRB) ruling, which found that the company illegally fired two baristas for attempting to organize a union.

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December 27, 2024 | 8:30 pm

SBUX

A federal appeals court has largely rejected Starbucks' appeal against a National Labor Relations Board ruling, which found that the company illegally fired two Philadelphia baristas for attempting to organize a union.

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December 27, 2024 | 7:30 pm

BYDDY

A contractor for BYD, a Chinese electric-car giant, has been accused of subjecting 163 Chinese nationals to 'slavery-like' conditions at a construction site in Brazil. A task force intervened to rescue the workers.

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December 26, 2024 | 4:30 pm