Costco Teamsters Suspend Negotiations Following Card Check Rejection
By Connor Hart
Costco Teamsters suspended negotiations for a new contract after the wholesale retailer rejected a card check agreement that would make it easier for non-union Costco workers to join Teamsters.
The current national contract, which was first negotiated in 2022 and is set to expire on Jan. 31, 2025, is up for renewal and protects more than 18,000 workers across the country, the labor union said Wednesday.
A card check agreement, also called a majority sign-up, is a method of forming a union where workers collect statements of support from a majority of their co-workers to show that they want a union.
The labor union said Costco workers are facing deteriorating working conditions, worsened by the Covid-19 pandemic and changes in the company leadership.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
August 21, 2024 20:16 ET (00:16 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
August PCE Report Forecasts Show More Good News on Inflation
-
AI Stocks May Be Down, but Don’t Count Them Out
-
4 Stocks to Buy as the Fed Cuts Interest Rates
-
Markets Brief: The Uncertain Path to Neutral Interest Rates
-
What’s Happening in the Markets This Week
-
Where Top Stock Fund Managers Are Looking Next After the Fed Rate Cut
-
Our Top Pick for Investing in US Renewable Energy
-
How to Measure a Stock’s Uncertainty
-
How to Determine Whether a Stock Is Cheap, Expensive, or Fairly Valued
-
Why a Company’s Management and Capital Allocation Matter
-
How to Determine What a Stock Is Worth
-
How to Measure a Company’s Competitive Advantage
-
How to Think Like a Stock Analyst
-
How GLP-1 Drugs Like Ozempic Are Boosting Biopharma Stocks