Tag: ILLINOIS
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Strike Actions by Starbucks and Amazon Workers During Holiday Season
Starbucks and Amazon workers are striking just before the Christmas holiday to maximize public attention and disrupt operations during peak sales. Nearly 9,000 Amazon workers have organized strikes, while Starbucks has initiated escalating actions in major cities. These movements highlight ongoing tensions between labor unions and large corporations. Starbucks baristas and Amazon employees have initiated…
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Amazon Workers Announce Strike Amid Holiday Crunch Over Labor Disputes
Amazon workers are set to strike at several U.S. warehouses on Thursday during a crucial holiday shopping period, following unsuccessful negotiations for better wages and working conditions. The International Brotherhood of Teamsters, representing around 10,000 workers, plans local pickets in multiple states. This labor action signals increasing frustrations over union representation and employee treatment at…
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Rising Investments in Intellectual Property: Understanding the Trend
Economic data shows a 0.2% increase in the PCE price index, indicating inflation remains above the Fed’s target. Companies are notably enhancing investments in intellectual property, particularly in AI, as they respond to market changes. New orders for durable goods have also increased slightly, reflecting a growing trend in nonresidential fixed investment. Businesses are increasingly…