• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, May 31
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

    May 29, 2025

    ‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

    May 29, 2025

    DeSantis Signs Bill Making Gold And Silver Legal Tender

    May 28, 2025

    John Deere Announces $20 Billion Plan To Build Up American Manufacturing

    May 28, 2025

    EV Startup Promised To Cut China Ties — Then Reportedly Shared US Data Anyway

    May 27, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»Union Activists End Bid To Hijack Starbucks Board After Negotiating ‘Progress’
Business

Union Activists End Bid To Hijack Starbucks Board After Negotiating ‘Progress’

March 5, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Starbucks Introduces Coffee Drinks Infused With Olive Oil
Share
Facebook Twitter LinkedIn Pinterest Email

The Strategic Organizing Center (SOC) is withdrawing its shareholder proposal to put three union activists on the Starbucks board of directors after making progress toward a labor agreement, the Daily Caller News Foundation has learned.

The group began the campaign in November, arguing that Starbucks poor relations and conflicts with its workers were hurting the brand and impacting shareholders, but withdrew its proposal for the March 13 meeting, citing a meaningful dialogue with shareholders and a commitment to repair worker relations, the SOC told the DCNF. The suspension of the campaign follows a move by Starbucks last week to restart talks with unionized workers, thawing tensions that have been high since the workers first started organizing in 2021, according to The New York Times. (RELATED: Local Restaurants Can’t Keep Up With Minimum Wage Hikes, Inflation)

“Since the announcements, we have had meaningful dialogue with a number of other shareholders,” the SOC said in a statement to the DCNF. “Based on these discussions, we believe that by and large shareholders are optimistic the Company has committed to these changes in good faith and intends to begin to repair its relationship with its workers, which will ultimately enhance performance and shareholder value. We also believe Starbucks’ establishment of its Environmental, Partner and Community Impact Board Committee represents an important governance reform, one which we hope will increase board oversight and performance on Starbucks’ partner-related issues.”

This is Starbucks stock graph for last six months. The boycott has caused a lot of loss to Starbucks. pic.twitter.com/jw1J0X5zM9

— speak up (@faktsarefakt) February 29, 2024

The company, in its announcement last week, also extended benefits it gave to non-union workers in 2022 to union stores, like the ability for customers to tip using their credit card, according to the NYT. The company gained a new CEO last year, Laxman Narasimhan, who replaced founder Howard Schultz who was serving as interim CEO, and has taken a softer view on unionization, with the company announcing in December that it wanted to restart contract bargaining.

See also  US Federal Reserve watchdog launches probe of SVB supervision

Schultz, during his stint as interim CEO, had been accused of union busting and was notoriously against organizing at Starbucks locations, which began to take root in 2021, according to NPR. The former CEO closed some of its unionized stores and also fired some workers who were involved in organizing, leading administrative law judges to find that Starbucks had violated labor laws numerous times.

“While we continue to believe that our three exceptionally qualified nominees — Maria Echaveste, Hon. Wilma Liebman, and Hon. Josh Gotbaum — would be additive to the Starbucks Board, we feel that now is the time to acknowledge the progress that has been made and to allow the Company and its workers to focus on moving forward,” the SOC told the DCNF. “As such, we are withdrawing our director nominations.”

The SOC was emboldened to submit the proposal due to relaxed standards for shareholder proposals passed by the Securities and Exchange Commission (SEC) that went into effect in August 2022, allowing shareholders not present at the meeting to pick individual candidates as opposed to being forced to pick between all dissident candidates and company candidates.

Starbucks did not immediately respond to a request to comment from the DCNF.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

See also  Magic Johnson Joins 76ers Owner Josh Harris in Bid to Buy the Washington Commanders

Activists bid board Hijack Negotiating Progress Starbucks Union
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

No big boost expected in luxury spending during holiday season – Bain

November 14, 2023

Rebel Wilson Proposes to Girlfriend Ramona Agruma at Disneyland, Thanks Bob Iger

March 5, 2023

Austria’s Highest Paradise Feels Heat Of Climate Change: Unimaginable

July 6, 2023

Dozens Of States Sue Meta Over Children’s Mental Health

October 24, 2023
Don't Miss

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

Business May 29, 2025

Consumers’ Research issued a “Woke Alert” on Thursday warning American shoppers that three European companies…

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,136)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,645)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

“I used to think too much about what other people thought of me”

April 15, 2023

James Burstall Writes Crisis Management Book ‘The Flexible Method’

March 29, 2023

Kevin McCarthy on JCPA Media Cartel Bill: ‘It’s Dead in the House’

June 12, 2023
Popular Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.