Starbucks workers rallied in Little Tokyo in front of the first store in L.A. to file for a union election. The nationwide unionization effort is a response to firings, cutting of hours and alleged harassment by Starbucks.
LOS ANGELES -- Starbucks workers rallied in Little Tokyo Tuesday in front of the first store in Los Angeles to file for a union election.
Starbucks' sales climbed to record levels in its fiscal second quarter, but its profits took a hit from climbing labor costs. The Seattle coffee company, which welcomed back former CEO Howard Schultz last month as its interim leader, said revenue rose 15% to a record $7.6 billion in its 13-week quarter, which ended April 3. That was in line with Wall Street's estimates, according to analysts polled by FactSet.
Starbucks noted that it faced higher employment costs during the quarter. Last fall, the company announced a $1 billion investment in employee wages and benefits in an effort to lift U.S. workers' pay to at least $15 per hour by this summer.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Novel 'Little Rabbit' is a moving exploration of desire and identityIn her debut novel, Alyssa Songsiridej uses her unflinching prose to “show us how important fearlessness and honesty are when it comes to creating great art,” Michael Patrick Brady reviews.
Read more »
Jaguars address D in NFL draft, get little help for LawrenceTrevor Lawrence doesn’t appear to have a true No. 1 receiver in Jacksonville.
Read more »
Pfizer hopes to submit little-kid vaccine data by early JunePfizer now hopes to tell U.S. regulators how well its COVID-19 vaccine works in the littlest kids by early June.
Read more »
Pfizer hopes to submit little-kid vaccine data by early JunePfizer now hopes to tell U.S. regulators how well its COVID-19 vaccine works in the littlest kids by early June
Read more »
Elon Musk plans to take Twitter public again in as little as three years: reportElon Musk plans to take Twitter public again in as little as three years of buying the social media company, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Read more »