Costco, Teamsters attain tentative contract settlement and keep away from a strike

Costco, Teamsters attain tentative contract settlement and keep away from a strike

Costco and the Teamsters union have reached a tentative settlement on a brand new contract, avoiding a strike, the union mentioned Saturday. Teamsters spokesman Matthew McQuaid confirmed the settlement, which should be accepted by members. Particulars of the settlement weren’t instantly accessible. The Related Press left a message in search of remark with Costco. The…

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Costco shareholders reject an anti-DEI measure, after Walmart and others finish range applications

Costco shareholders reject an anti-DEI measure, after Walmart and others finish range applications

Costco shareholders voted down a shareholder proposal urging the wholesale membership operator to guage any dangers posed by its range, fairness and inclusion, or DEI, practices. In line with preliminary outcomes shared by Costco executives at its annual assembly Thursday, greater than 98% of shares voted in opposition to the proposal. In a pre-recorded assertion…

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