Starbucks Stock News

Coffee retailer Starbucks Co. NASDAQ: SBUX stock sold off for the majority of December 2024 as its union workers went on a five-day strike on December 20. The Starbucks Union Workers is a coalition of over 11,000 baristas across 535 company-owned stores in the United States.

A federal appeals court largely rejected Starbucks' appeal of a NLRB finding the coffee chain illegally fired two baristas because they wanted to organize a union.

A federal appeals court on Friday largely rejected Starbucks' appeal of a National Labor Relations Board finding the coffee chain illegally fired two Philadelphia baristas because they wanted to organize a union.

This coffee chain is gaining market share in a sector dominated by a few big players.

If a strike by Starbucks' (NASDAQ: SBUX) workers is supposed to get them better benefits and treatment, the store count affected by the union action is modest.

Shares of Starbucks (SBUX) finished Tuesday higher amid reports that its striking baristas would return to work.

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.

The strike is scheduled to end on Tuesday and workers are due to report to their stores on Christmas Day.