A Strange Twist Is About to Hit the AI Market That Almost Nobody Sees Coming...

If you have any money in AI stocks right now, or if you're even thinking about it, you need to see what's going on. The truth is, the moves we've seen in tech and AI stocks over the last couple of months could be the start of something much bigger. That's why I've put together this special presentation with Wall Street legend, Charles Mizrahi.

Starbucks strike expands, closes nearly 60 US stores

DEE-ANN DURBIN
December 23, 2024

A five-day strike by Starbucks baristas had closed 59 stores as of Monday afternoon, according to the union organizing the workers.

The strike, which began Friday in Los Angeles, Chicago and Starbucks' hometown of Seattle, spread Monday to stores in Boston, Dallas and Portland, Ore. Workers in New York, Denver, Pittsburgh and other cities had also joined the strike over the weekend.

Workers are protesting a lack of progress in contract negotiation with the company. Starbucks Workers United, which began the unionization effort in 2021, said Starbucks has failed to honor a commitment made in February to reach a labor agreement this year.

The union also wants the company to resolve outstanding legal issues, including hundreds of unfair labor practice charges that workers have filed with the National Labor Relations Board. Since 2021, baristas at 535 company-owned U.S. Starbucks stores have voted to join the union.

The strike comes at one of the busiest times of the year for Starbucks. But the company said Monday it has had "no significant impact" to its store operations. Starbucks has around 10,000 company-operated stores in the U.S.

"We respect our partners' right to engage in lawful strike activity, and we appreciate the thousands of partners across the country who are continuing to support each other and deliver the Starbucks experience for our customers," the company said Monday in a statement.

The two side have been bargaining since the spring but appear to have reached an impasse over economic issues. Starbucks said it has committed to an annual pay increase of 1.5% or more for unionized workers. If the company gave a lower increase to non-union workers in any given year, it still would give union workers a 1.5% increase.

Starbucks said its U.S. baristas make an average of $18 per hour. With benefits -- including health care, free college tuition and paid family leave -- Starbucks' pay package is worth an average of $30 per hour for baristas who work at least 20 hours per week, the company said.

Workers say they deserve more, and note that Starbucks' new Chairman and CEO Brian Niccol, who started in September, could make more than $100 million in his first year on the job.

Continue Reading...

Popular

Nvidia's Advanced AI Tech Powers Olympian Motors' New Electric Vehicle Platform

Olympian Motors partners with Nvidia to develop AI-powered EV platform, leveraging advanced computing solutions for modular design and deployment.

Do NOT Buy Nvidia, Apple, Microsoft, Meta, Tesla, or ANY Major Tech Stock... - Ad

31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading shares of their OWN stocks at RECORD pace... But why? Wall Street legend Eric Fry says it's because, soon: "America's most popular stocks like Nvidia, Apple, Meta, Tesla, and thousands more... are set to come plummeting back to Earth." Erasing YEARS of investor profits... Sparking a $17 trillion PANIC on Wall Street...

FAA halts all American Airlines flights in the US after airline reports technical issues systemwide

The Federal Aviation Administration has ordered all American Airlines flights grounded in the U.S. after the carrier reported a technical issue affecting its entire system with millions traveling for the holiday.

Is Artificial Intelligence the Biggest Bubble in History? - Ad

Is it any surprise 31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading their OWN stocks at record pace? They're getting OUT of AI (and Tech Stocks) before it's too late. But why? And WHERE are they moving their cash for the biggest profits, in 2024?

Senate begins final push to expand Social Security benefits for millions of people

WASHINGTON (AP) — The Senate is pushing toward a vote on to millions of people, setting up potential passage in the final days of the lame-duck Congress.

US senator says mysterious drones spotted in New Jersey region should be 'shot down, if necessary'

A U.S. senator has called for spotted flying over sensitive areas in New Jersey and other parts of the Mid-Atlantic region to be “shot down, if necessary,” as it remains unclear who owns them.

"King of the Quants": Please Don't Take This Warning Lightly... - Ad

My system has recently uncovered a market phenomenon I haven't seen in 30 years.Some fortunate folks like me built generational wealth back then...while others lost their shirts and spent decades trying to recover. Well, something similar is happening today... but it will end in a much bigger way. This market shakeup is going to be much more intense.

A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people's bank accounts or sent in the mail by a paper check.

Isak Andic, founder of Spanish fashion brand Mango, dies in accident, aged 71

BARCELONA, Spain (AP) — Isak Andic, the founder of Spanish fashion brand Mango, has died after suffering an accident, the company said on Saturday. He was 71.

Scary Accurate AI Money Map Shows Strange Twist Coming for the Market - Ad

Over the last 5 years, this "scary accurate" AI Money Map has helped investors get in on the right stocks, at the right time -- during this AI revolution... Now it shows a strange twist is coming for the AI market that almost nobody sees coming... And worse still, no one's being warned about.

Crypto Stocks Are Heating Up - Ad

At the center of this transformation is a game-changing platform that's experiencing explosive growth with $41 million in revenue in just nine months. The stock has doubled in the last 45 days, but this is only the beginning.

China's exports slow, imports decline, in November falling below forecasts

HONG KONG (AP) — China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost the economy after the shocks of the COVID-19 pandemic.

What do we know about the mysterious drones reported flying over New Jersey?

A large number of have been reported flying over parts of New Jersey in recent weeks, sparking speculation and concern over who sent them and why.

There's One Thing Trump and Musk Can't Fix - Ad

Donald Trump and Elon Musk are teaming up to fix America's broken government. With the launch of the Department of Government Efficiency, they're planning to cut $2 trillion from the federal budget. But sadly, there's ONE thing Trump and Musk can't fix.

Suspect in UnitedHealthcare CEO killing charged with murder in New York, court records show

ALTOONA, Pa. (AP) — After on a New York sidewalk, police searched for the masked gunman with dogs, drones and scuba divers. Officers used the city's . Investigators analyzed DNA samples, fingerprints and internet addresses. Police went door-to-door looking for witnesses.

Trudeau's Government Loses A Top Negotiator Ahead Of Trump's Second Term

Chrystia Freeland, Canadian Finance Minister and Deputy PM, resigns over disagreements with Justin Trudeau on anticipated U.S. tariffs. USD/CAD rose 0.11%.

The IPO Turning Heads - Ad

A groundbreaking IPO has hit the NYSE-A, targeting a $60B market. This company's mission to produce up to 2.4 million tons of potash annually could supply 20% of Brazil's current potash needs. It's a rare chance to explore this IPO opportunity while it's still fresh.

FIFA signs Netflix to US broadcast deal for the Women's World Cup in 2027 and 2031

FIFA has signed Netflix to a United States broadcast deal for the Women's World Cup in 2027 plus the 2031 edition that could be played in the U.S.

Apple Eyes Sony Partnership For Game-Changing Vision Pro Upgrade

Apple and Sony are reportedly joining hands to augment the gaming capabilities of the Vision Pro.

Media Humiliated: Demo of Elon's Tech Proves They're Wrong - Ad

It's smaller than a quarter, but it could power Elon Musk's next AI revolution... A revolution he believes will be worth more than $9 trillion. Believe it or not, this device could even help put an extra $30k in your pocket every year outside of the markets.

TikTok asks federal appeals court to bar enforcement of potential ban until Supreme Court review

TikTok asked a federal appeals court on Monday to bar the Biden administration from enforcing a law that on the popular platform until the Supreme Court reviews its challenge to the statue.

Palantir's Shyam Sankar Says AI The New Frontier In Defense — Reflects On Possible Pentagon Rule Under Trump As Stock Soars

Palantir Technologies Inc. Chief Technology Officer Shyam Sankar highlighted the critical role of artificial intelligence in national defense and outlined the company's vision for rebuilding America's industrial base during a CNBC "Closing Bell Overtime" appearance on Saturday Dec, 7, 2024.

Crypto Stocks Surge Amid Market Boom - Ad

Crypto stocks are on fire as Bitcoin hits all-time highs. One under-the-radar company is leading the charge, managing $2.1 billion in client assets and seeing record trading volumes. With crypto adoption skyrocketing, this could be a game-changing opportunity.

A Southwest jet and a small plane wound up on the same runway after being cleared to land

WASHINGTON (AP) — A Southwest Airlines jet wound up on the same runway with a small private plane that had stopped after an air traffic controller cleared both planes to land on the same California runway in October, according to federal investigators.

MacKenzie Scott gives rare third gift to medical debt relief group

MacKenzie Scott continues to make medical debt relief a priority in her mysterious giving.

5 Military Stocks to Invest In - Ad

As violence spreads across the globe will you stay on the sidelines? We can't stop war, but you can win from it. These 5 military growth stocks could potentially build your personal wealth during global turmoil. Historically, similar stocks have seen growth of up to 16,270% in just 18 months.

Blinken will avoid Ukraine and the Middle East at a divided UN Security Council

UNITED NATIONS (AP) — Secretary of State will make what is likely his final trip in office to the this week, capping his engagements with the world body after a tumultuous four years that saw war return to Europe and multiple crises in the Middle East.

Trump's New "AI Economy" Could Mint 22,000 New American Millionaires Every 30 Days - Ad

A tidal wave of new AI wealth is about to flow into the economy. However, the biggest gains may no longer come from the usual hot AI stocks you've been hearing lately. We reveal how you can get the names of all the stocks you should get into now for the biggest investment opportunities of your life.

Real estate brothers Oren and Alon Alexander remain in custody on sex trafficking and rape charges

MIAMI (AP) — Prominent real estate broker Oren Alexander and his twin brother Alon will remain in custody following their initial court appearance in Miami on Friday.

US effort to curb China's and Russia's access to advanced computer chips 'inadequate,' report finds

WASHINGTON (AP) — The Commerce Department's efforts and to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons, according to a published Wednesday by the Senate's Permanent Subcommittee on Investigations.

Crypto Stocks Surge Amid Market Boom - Ad

Crypto stocks are on fire as Bitcoin hits all-time highs. One under-the-radar company is leading the charge, managing $2.1 billion in client assets and seeing record trading volumes. With crypto adoption skyrocketing, this could be a game-changing opportunity.

Nike's Earnings Loom With Bearish Signals: Will The Swoosh Bounce Back?

Nike (NKE) to report Q2 earnings on Thursday. Wall Street expects 64 cents EPS and $12.13 billion revenues. Stock down 37.30% over past year, but analysts see 17% upside potential.

Elon Musk Vs. RFK Jr.: Obesity Crisis Debate Sparks Struggle For Trump's Influence

Debate over tackling U.S. obesity epidemic sparks contrasting views from Trump's orbit: lifestyle changes vs. easier access to weight-loss drugs.

What's Going On in This Strange Facility Near Mar-A-Lago? - Ad

Most people have no clue this unassuming facility exists. Yet the minute Donald Trump takes office... This could be the most important building in America. More important than the Capital, the Pentagon... even the White House. Because this may well be the epicenter of Trump's New Manhattan Project.

Mark Cuban Expresses Sympathy For 'Hawk Tuah' Girl Amid Meme Coin Controversy: 'Wasn't Something She Fully Understood'

Billionaire investor and television personality Mark Cuban on Monday lent support to ‘Hawk Tuah’ girl Haliey Welch in the recent meme coin fiasco, stating that she ended up in an unfortunate situation.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service