Starbucks fired seven workers who were involved in unionizing in Memphis, Tennessee, fueling accusations that the company is retaliating against a growing labor movement at its locations across the United States.

Starbucks, citing safety, fires 7 seeking union in Memphis

10:27pm, Tuesday, 08'th Feb 2022 ABC News
Starbucks has fired seven employees who were leading an effort to unionize a Memphis, Tennessee, store

Starbucks fires leaders in Memphis union organizing effort

09:55pm, Tuesday, 08'th Feb 2022 DAILY KOS
Starbucks ramped up its ongoing anti-union campaign on Tuesday, firing a group of union activists at a Memphis store. The firings happened through the day, hitting seven workers by early afternoon—around one-third of the workforce at the store. Workers seeking to unionize at that Memphis store were part of a powerful More Perfect Union video just last week, with a former manager at the store talking about how she quit in response to pressure to write up one of the worker-activists. A district manager “made me write up Nikki for things that I did not agree with, but she told me I had to do it or I would lose my job for not doing it,” Amy Holden said. “I did not have any proof of any of the things that Nikki did. I asked for the proof and I was not given the proof.” Holden resigned in response, and her words are particularly interesting now that union organizing committee members are being fired. “I was fired by Starbucks today for ‘policies’ that I’ve never heard of and that I’ve never been written-up about before,” said shift supervisor Nikki Taylor in a statement . “This is a clear attempt by Starbucks to retaliate against those of us who are leading the union effort at our store and scare other partners.
GOT MILK? Well, perhaps not enough for this Starbucks barista. A Starbucks employee shared her most recent high-priced milk run to Target due to a shortage her store faced – and this hasn’t just occurred at her store. In the video, the coffee barista, who goes by Madcowgrl, shared her amusing Target run. Before even […]
Employees at a Starbucks in Memphis were fired Tuesday in the midst of unionizing efforts.

Starbucks fires organisers as union threat grows

09:24pm, Tuesday, 08'th Feb 2022 BBC UK
The coffee giant rejects accusations of retaliation after firing staff at one of its locations in Memphis.
Starbucks says the workers violated safety policies while workers said they''d never heard of the policy before and are alleging retaliation.
Starbucks has found itself at the center of a budding movement, one that it has taken great pains to fend off.
A company spokesman said the workers had violated several policies. The union organizing stores accused Starbucks of retaliation.

Starbucks fires Memphis workers involved in unionization efforts.

06:28pm, Tuesday, 08'th Feb 2022 New York Times
A company spokesman said the workers had violated several policies. The union organizing stores accused Starbucks of retaliation.

Jack Dorsey''s Cash App Integrates Bitcoins Lightning Network

02:18pm, Tuesday, 08'th Feb 2022 Zero Hedge
Jack Dorsey''s Cash App Integrates Bitcoins Lightning Network Submitted by Namcios of Bitcoin Magazine Users of Blocks mobile payments platform Cash App can now make instant and free bitcoin payments through the Lightning Network, the company tweeted on Monday. jack (@jack) February 8, 2022 The integration of Bitcoins second-layer protocol for faster and cheaper transactions was made possible by the Lightning Development Kit, an open-source project developed by another company owned by Block, Spiral. Spiral operates completely independently of its parent company and Jack Dorsey, the CEO of Block and ex-CEO of Twitter, also has little direct control over it. Instead, the self-directed group of developers, designers, and project managers work together to advance the adoption of bitcoin. The Lightning Development Kit (LDK) is a flexible Lightning implementation geared towards developers who want to integrate Bitcoins Lightning Network into their applications frictionlessly. It abstracts away complexities of Lightning, enabling developers to integrate the network easier and faster into their apps.
PALM BEACH, Fla. , Feb. 8, 2022 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - Growing consumer awareness regarding health benefits of natural and organic drinks has been driving the energy drinks market. Energy beverage consumption has turned into a status symbol, especially for youth. Such consumer behavior type is expected to drive further the overall market demand. Consumption of alcohol mixed with these energy beverages is quite popular in urban areas. Energy drinks have formed an integral part of social gatherings, parties, and celebrations. Substitute''s availability is anticipated to provide a significant threat to industry growth. Energy drinks face stiff competition from aerated beverages, malted health drinks, and packaged juice. A report from Grand View Research projected that the U.S. energy drinks market size is expected to reach USD 26.93 billion by 2025, progressing at a CAGR of 7.2% during the forecast period. The report said: "Recent trends show that most of the manufacturers create product awareness through attractive advertising.
A viral video shows that on this particular set of Starbucks cups, the logo and other markings were on the inside of the cup, rather than the outside.

Starbucks outpaces McDonald''s, Subway in new store openings

10:29pm, Sunday, 06'th Feb 2022 EconoTimes
Starbucks added 1,173 stores in the fiscal 2021 year, and 1,404 in the 2020 fiscal year to outpace McDonalds and Subway during the pandemic. McDonalds and Subway are the worlds two biggest fast-food chains. As of

Starbucks Corp. Shares Near 52-Week Low - Market Mover

12:42pm, Saturday, 05'th Feb 2022 Kwhen Finance
Starbucks Corp. (SBUX) shares closed today at 1.3% above its 52 week low of $93.79, giving the company a market cap of $109B. The stock is currently down 18.8% year-to-date, down 6.8% over the past 12 months, and up 90.1% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 1.5%. Trading Activity Trading volume this week was 24.1% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.8. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 2.2% lower than its 5-day moving average, 4.0% lower than its 20-day moving average, and 13.4% lower than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Communication Services industry sector , lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 361.1% The company's stock price performance over the past 12 months lags the peer average by -224.6% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 8.5% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.
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