Key TakeawaysThe strike by some Starbucks baristas has expanded to 300 stores in the U.S., according to the union representing them.The union is demanding a higher minimum wage and other concessions from the company.A Starbucks executive said a vast majority of its locations remained open, and the union's pay request is "not sustainable." The union representing some Starbucks (SBUX) baristas announced that workers in 300 stores in the U.S. are now taking part in a strike against the biggest coffee chain. St ...

A strike by Starbucks baristas is expanding, their union said.The strike is due to expand to more than 300 locations on Tuesday, it said.The union wants better pay and said Starbucks had not settled many unfair labor practice cases.A strike by Starbucks workers will expand to more than 300 locations on Tuesday, a union that represents the company's baristas said.Advertisement Starbucks Workers United said on Monday that walkouts by workers would reach new locations like Atlanta and Buffalo, as well as othe ...

Starbucks workers have expanded their strike to more cities and closed 59 stores across the U.S. as of Monday, according to the union, which represents more than 10,000 baristas. The strike began Friday in Los Angeles, Chicago and Seattle, but has since spread to stores nationwide, including in Boston, Dallas, Portland, New York City, Denver, Pittsburgh, Philadelphia and St. Louis."We respect our partners’ right to engage in lawful strike activity, and we appreciate the thousands of partners across the coun ...

When it comes to coffee stocks, Starbucks (SBUX -0.60%) has set the bar. Even if you bought the stock early in 1995 (a couple of years after its initial public offering), you could have a gain of more than 10,000% if you still owned the stock. That's the type of return that can set you up for life.The next coffee stock trying to emulate Starbucks' success is Dutch Bros (BROS -2.04%), which is just a few years removed from its September 2021 IPO. Let's see if this stock has the same potential to set investor ...

Starbucks (SBUX) closed the latest trading day at $87.44, indicating a -0.6% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.73%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw an increase of 0.98%.The the stock of coffee chain has fallen by 14.18% in the past month, lagging the Retail-Wholesale sector's gain of 3.93% and the S&P 500's gain of 0.34%.The investment community will be paying close attention to the earnings performa ...

Starbucks workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday.The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago and Seattle, has added locations in New Jersey, New York, Philadelphia and St. Louis, Workers United said in a statement. It did not specify in what New Jersey city the walkout was occurring.Starbucks said the disruptions from the strike have no signifi ...

At the time of this writing, Starbucks (SBUX -0.89%) has tumbled a painful 8.7% over the past week -- likely due to soaring Arabica coffee bean prices and a broader market sell-off.Starbucks is down year to date despite gains in the broader indexes, but the company could be turning the corner. Here are five reasons why Starbucks is a quality dividend stock worth buying in 2025. 1. A recovery is well underwayOn Aug. 13, Starbucks stock gained almost 25% in response to news that Brian Niccol would take over a ...

Starbucks is responding as some of its union workers took to picket lines Friday after Starbucks Workers United (SBWU) baristas voted to authorize a strike earlier this week.According to the coffee chain, the union is seeking pay hikes that are “not sustainable.”“Workers United proposals call for an immediate increase in the minimum wage of hourly partners by 64% and by 77% over the life of a three-year contract,” Starbucks said in a statement. “This is not sustainable.”According to Starbucks, the average p ...

Key TakeawaysUnionized Starbucks baristas in Chicago, Los Angeles, and Seattle have gone on strike in a pay dispute with the giant coffee retailer.Starbucks Workers United said the walkouts would expand throughout the country and run until Christmas Eve.The company argued the union has made unrealistic demands, and said the strike has had little impact on its operations. Starbucks' (SBUX) unionized baristas in Chicago, Los Angeles, and Seattle have walked off the job in a pay dispute, with the union represe ...

ToplineStarbucks baristas at about 15 locations in Los Angeles, Chicago and Seattle walked off the job Friday morning in a holiday strike they say will spread to hundreds of stores by Christmas Eve next Tuesday unless the company ups its wage offer in contract negotiations that have been ongoing for the better part of the year.A Starbucks store with union signs in Brookline, Mass. Boston Globe via Getty Images Key FactsStarbucks Workers United, which represents about 12,000 baristas at 530 company-owned sto ...