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☆ FTC sues to block Kroger, Albertsons merger, arguing deal would raise grocery prices and hurt workers
▼ + stars: | 2024-02-26 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

"Essential grocery store workers would also suffer under this deal, facing the threat of their wages dwindling, benefits diminishing, and their working conditions deteriorating." Kroger said in a statement that blocking the deal "will actually harm the very people the FTC purports to serve: America's consumers and workers." The company also pledged $500 million to reduce prices for customers and $1 billion to raise employee wages and expand benefits. Two unions that represent Kroger and Albertsons employees, the United Food and Commercial Workers International Union and the Teamsters union, opposed the deal. Higher grocery prices have irked consumers and become a hot topic on the campaign trail.

Persons: Henry Liu, Kroger, Albertsons, Biden, Joe Biden, Rodney McMullen Organizations: U.S . Federal Trade Commission, Kroger, Albertsons, FTC, Washington D.C, Walmart, Amazon, Costco, White, United Food, Commercial Workers International Union, Teamsters Locations: Arizona , California, Washington, , Illinois, Maryland , Nevada , New Mexico , Oregon, Wyoming, FTC's

☆ CVS and Walgreens pharmacy staff plan 3-day walkout
▼ + stars: | 2023-10-30 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +2 min

Staff and organizers in multiple states confirmed to CNN that the walkout and picket lines will take place from October 30 to November 1. Workers at Walgreens and CVS have previously staged walkouts in Arizona, Washington, Massachusetts and Oregon in September and early October. A spokesperson from the United Food and Commercial Workers International Union (UFCW) told CNN on Sunday that it supports the organizers planning a walkout and protests. The Service Employees International Union-United Healthcare Workers West, a California-based healthcare union, also said it supports the walkout and protests. “UFCW members and staff have been communicating with many of the CVS and Walgreens workers who have been taking actions to stand up for their rights on the job.

Persons: Shane Jerominski, “, ” Dave Young, Renée Saldaña Organizations: New, New York CNN, Employees, Staff, CNN, Workers, Walgreens, CVS, United Food, Commercial Workers International Union, Service Employees International Union, United Healthcare Workers, Retail Pharmacy Union, UFCW, “, West Health, ” Locations: New York, United States, Arizona , Washington , Massachusetts, Oregon, California, North America, West

☆ CVS and Walgreens pharmacy staff begin 3-day walkout
▼ + stars: | 2023-10-30 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +3 min

Walgreens and CVS employees are mostly not unionized, which makes a largescale walkout difficult to execute. Workers at Walgreens and CVS have previously staged walkouts in Arizona, Washington, Massachusetts and Oregon in September and early October. During prior walkouts, pharmacy staff feared retaliation from their bosses and corporate leadership, said Jerominski. A spokesperson from the United Food and Commercial Workers International Union (UFCW) told CNN on Sunday that it supports the organizers planning a walkout and protests. “UFCW members and staff have been communicating with many of the CVS and Walgreens workers who have been taking actions to stand up for their rights on the job.

Persons: Shane Jerominski, Jerominski, “, ” Dave Young, Renée Saldaña, “ We’re, Amy Thibault Organizations: New, New York CNN, Employees, Walgreens, CVS, Staff, CNN, Workers, United Food, Commercial Workers International Union, Service Employees International Union, United Healthcare Workers, Retail Pharmacy Union, UFCW, “, West Health, CVS Pharmacy Locations: New York, United States, Arizona , Washington , Massachusetts, Oregon, Southern California, Chicago, North America, West

☆ Some pharmacy staff from Walgreens, other chains are walking out again — here's what you need to know
▼ + stars: | 2023-10-29 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +11 min

The company's ongoing efforts are focused on how it can recruit, retain and reward pharmacy staff, the spokesperson said. CVS pharmacists make $61.44 an hour on average, while Walgreens pharmacists make $53.85 per hour on average, according to employment website Indeed. However, some Walgreens pharmacy staff told CNBC that the company continues to push their stores to hit performance goals for tasks like verifying prescriptions. IAM Healthcare did not immediately respond to a request for comment, while UFCW has expressed its support for the recent walkouts staged by Walgreens and CVS pharmacy staff. People make their way near a Walgreens pharmacy in New York City, March 9, 2023.

Persons: Brian Snyder, Shane Jerominski, walkouts, Stephanie Keith, I've, Irfan Khan, aren't, Jerominski, UFCW, Leonardo Munoz Organizations: Walgreens, Reuters, CNBC, CVS, Rite Aid, Kansas City, Bloomberg, Getty, Food and Drug Administration, Pfizer, CVS Pharmacy, Los Angeles Times, Kroger, IAM Healthcare, United Food, Commercial Workers International Union, Corbis Locations: Somerville , Massachusetts, Kansas City, Kansas, U.S, Massachusetts , Pennsylvania, California , Texas , Michigan , Missouri, Indiana, New York, Eagle Rock , CA, Canada, New York City

☆ The Fed is losing control
▼ + stars: | 2023-10-24 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Financial markets currently see a nearly 99% chance the Fed will continue to pause rate increases in November, according to the CME FedWatch Tool. That means the Fed may not need to continue aggressively raising rates to bring spending — and inflation — down. A spokesperson from the United Food and Commercial Workers International Union told CNN that they support the organizers planning a walkout and protests. In a statement to CNN, Walgreens said about 20 stores out of about 9,000 had “disruptions over three days,” Oct. 9-11. Walgreens walkout organizers told CNN that their tally is much higher, with about 600 employees participating.

Persons: New York CNN —, Jerome Powell, Joe Brusuelas, That’s, Powell, ”, ” Johns, Laurence Ball, Shane Jerominski, Tim Wentworth, ” Kim Kardashian, Skims, Kim Kardashian, undershirts Organizations: CNN Business, Bell, New York CNN, Federal, Fed, Economic, of New, RSM, Financial, Treasury, Reserve, ” Johns Hopkins, “, Walgreens, Workers, CNN, United Food, Commercial Workers International Union, SEIU, United Healthcare Workers West, Organizers Locations: New York, of New York, Friday’s

A spokesperson from the United Food and Commercial Workers International Union told CNN that they support the organizers planning a walkout and protests. “We support all health care workers who are organizing and taking a stance to improve staffing.”A Walgreens pharmacy store in Austin, TX. In a statement to CNN, Walgreens said about 20 stores out of about 9,000 had “disruptions over three days,” Oct. 9-11. Walgreens walkout organizers told CNN that their tally is much higher, with about 600 employees participating. The following three Walgreens employees told CNN their reasons for walking out.

Persons: Shane Jerominski, Renée Saldaña, Mohammad Khursheed, Tim Wentworth, Wentworth, ” Fraser Engerman, Engerman, “, ” ‘ We’ve, ”, “ We’ve Organizations: New, New York CNN, Walgreens, Workers, CNN, United Food, Commercial Workers International Union, SEIU, United Healthcare Workers, West Health, Reuters Organizers, “ Locations: New York, West, Austin , TX, Friday’s, Oregon, Wisconsin, Oklahoma

☆ Stocks making the biggest moves midday: Boeing, Dollar General, JPMorgan Chase, Netflix and more
▼ + stars: | 2023-10-13 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

On Friday, Gordon Haskett upgraded the stock to buy , saying Dollar General's latest leadership change could help stabilize the company. Wells Fargo — The bank stock gained close to 3% after Wells Fargo posted third-quarter results that beat expectations. Citigroup — Shares of the New York-based bank rose 1.4% after posting its third-quarter results . Citigroup reported $1.63 in earnings per share, or $1.52 per share, excluding the effect of divestitures. Post Holdings — Shares of the packaged food company gained 2% after JPMorgan initiated coverage with an overweight rating on shares.

Persons: Todd Vasos, Gordon Haskett, JPMorgan Chase, Wells Fargo, LSEG, JD.com, Morgan Stanley, UnitedHealth, CNBC's Hakyung Kim, Samantha Subin, Pia Singh, Tanaya Macheel, Jesse Pound Organizations: Boeing —, Boeing, JPMorgan, Revenue, LSEG, Citigroup —, Citigroup, PNC Financial, PNC, Oil, EOG, ConocoPhillips, Exxon Mobil, Progressive, Post Holdings, Netflix, Wolfe Research, Dow, United Food, Commercial Workers International Union, Hormel Locations: York, China

☆ Pharmacy staff from Walgreens, other chains could stage nationwide walkout and rallies in coming weeks
▼ + stars: | 2023-10-13 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +6 min

The Walgreens organizer said they have been in talks with pharmacy staff from other retail chains about participating in the group walkout. The person sees nationwide walkouts across several retail pharmacy chains as the "next step" in the fight against current working conditions. A Walgreens spokesperson redirected CNBC to the company's earlier statement in response to the walkouts pharmacy staff held this week. Pharmacy staff participating in the nationwide effort would also hold demonstrations outside the stores that workers walk out of, according to the people who spoke to CNBC. UFCW directed CNBC to a statement released Thursday in support of the recent walkouts staged by Walgreens and CVS pharmacy staff.

Persons: Shane Jerominski, Prem Shah, walkouts, Jerominksi, UFCW Organizations: Walgreens, CNBC, U.S, Pharmacists, CVS, Pharmacy, Kroger, Jerominski, IAM Healthcare, United Food, Commercial Workers International Union Locations: Kansas City, U.S, walkouts, Canada

☆ Stocks making the biggest moves midday: Walgreens, Birkenstock, Ford, Spotify and more
▼ + stars: | 2023-10-12 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading. Walgreens Boots Alliance — Walgreens Boots Alliance popped 7% in midday trading after sharing that it has made progress in its cost-cutting program. The German shoe brand fell more than 12% in its stock market debut Wednesday. First Solar — The solar stock slipped 1.4%. Fastenal posted third-quarter earnings of 52 cents per share, while analysts polled by FactSet anticipated 50 cents per share.

Persons: Morgan Stanley, it's, Fastenal, FactSet, — CNBC's Brian Evans, Lisa Kailai Han, Hakyung Kim, Samantha Subin, Darla Mercado Organizations: Walgreens, Walgreens Boots Alliance, LSEG, Spotify Technology, Bank of America, Microsoft, RBC, Barclays, Ford, United Auto Workers, Ford's, Revenue, Food, Commercial Workers International Union, Hormel Locations: Ford's Kentucky

☆ Walgreens employees plan walkout this week over miserable working conditions
▼ + stars: | 2023-10-08 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +2 min

Walgreens employees are planning walkouts to protest working conditions, according to news reports. AdvertisementAdvertisementHundreds of pharmacists and other employees at one of the country's largest drug store chains could walk out of the job on Monday to protest what they say are increasingly miserable working conditions, according to multiple news reports. It comes after similar actions last month at CVS stores, where pharmacists likewise complain that staffing cuts have left them overburdened. Neither the company nor the United Food and Commercial Workers International Union, which represents thousands of Walgreens employees, immediately responded to requests for comment. However, in a statement to Reuters, Walgreens said it is taking steps to improve working conditions.

Persons: I'm Organizations: Walgreens, CNN, Fox News, CVS, United Food, Commercial Workers International Union Locations: United States, United

Aaron Smith, CEO of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside the U.S. Capitol in Washington, Sept. 14, 2022. The Senate banking committee is holding its first-ever hearing Thursday on a bipartisan bill that would allow the cannabis industry to access traditional banking services, which marijuana businesses see as critical to their survival. The meeting, titled Examining Cannabis Banking Challenges of Small Businesses and Workers, will hear testimony from lawmakers on both sides of the aisle, including Sens. Thursday's hearing will determine next steps in getting the bill to the Senate floor for a vote, as Senate Majority Leader Chuck Schumer and other key lawmakers express support for it. "Without full access to the banking and payments system, legal cannabis businesses are forced to operate in the shadows," said Sen. Sherrod Brown, D-Ohio, who is also chair of the committee.

☆ Biggest Grocery Union Opposes $20 Billion Kroger-Albertsons Deal
▼ + stars: | 2023-05-04 | by ( Jaewon Kang | ) www.wsj.com time to read: 1 min

Kroger says it wouldn’t lay off front-line workers from stores that might need to be divested as part of a deal to acquire Albertsons. Photo: Asa Featherstone, IV for The Wall Street JournalThe United Food and Commercial Workers International Union said it opposes the planned merger between Kroger and Albertsons , adding to tensions over the $20 billion supermarket deal. UFCW International, the biggest U.S. union representing grocery workers, is concerned about what President Marc Perrone said was a lack of information provided by the companies about the merger, including on potential store divestitures. The labor group is also worried about the viability of stores that could be sold and whether buyers might be saddled with heavy debt loads, he said.

☆ US meatpacker JBS opens cleaning unit after outside firm fined for hiring kids
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +2 min

The new company, JBS Sanitation, will "immediately begin the transition" to cleaning 10 JBS USA facilities, which produce beef and pork, according to a statement issued this week. JBS Sanitation will also do in-house cleaning for Pilgrim's Pride Corp (PPC.O) and create "hundreds of union jobs," the statement said. JBS USA is the North American unit of Brazil's JBS SA (JBSS3.SA), which also owns most of Pilgrim's Pride. JBS USA did not immediately respond to questions about the costs of the launch on Thursday. JBS USA previously said it terminated contracts with PSSI at "numerous" facilities, including three plants where alleged child-labor violations occurred.

Federal worker safety inspections have alleged poor maintenance or a lack of safety training at some Tyson plants where ammonia leaks injured workers. CNN interviewed eleven current or former Tyson workers across three different plants who experienced ammonia leaks. !”A safety sign hangs on a fence at a Tyson plant in Hope, Arkansas, in March 2023. Still, some Tyson workers who lived through ammonia leaks said they wished more had been done to protect them. That means that the data doesn’t necessarily cover Tyson plants or other meat facilities that hold smaller amounts of ammonia.

☆ Tyson to Close Two Chicken Plants, Laying Off 1,700 Workers
▼ + stars: | 2023-03-14 | by ( Patrick Thomas | ) www.wsj.com time to read: 1 min

Tyson Foods Inc. plans to shut down two of its poultry plants and lay off nearly 1,700 workers as it tries to improve its chicken operations that produce about one-fifth of the U.S. supply. Tyson notified the nearly 1,000 employees at its Van Buren, Ark., chicken plant on Monday that it would close on May 12, the company said. About 700 workers at Tyson’s plant in Glen Allen, Va., also found out on Monday that its plant would close in May, according to the local United Food and Commercial Workers International Union, which represents employees at the Virginia plant.

☆ Tyson Foods ends COVID-19 vaccine mandate for employees
▼ + stars: | 2022-11-16 | by ( Tom Polansek | ) www.reuters.com time to read: +2 min

The requirement "generally improved our ability to operate our business effectively in fiscal 2022," the report said. America's largest meatpacking union, the United Food and Commercial Workers International Union, said it negotiated an agreement with Arkansas-based Tyson to end the mandate. He added that Tyson kept other safety protocols like requiring workers to self-screen for COVID-19 symptoms. Some Tyson workers remain worried about catching COVID-19 in chicken plants, said Magaly Licolli, director of Venceremos, an organization that advocates for poultry workers in Arkansas. "There is still the pandemic," said Licolli, who has criticized Tyson for not protecting plant employees.

☆ Bosses are 'done with the COVID excuse' and it means calling out sick is getting harder
▼ + stars: | 2022-11-15 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +3 min

This year, about 630,000 more Americans per month are calling out sick for a week or more than pre-pandemic. Even though an elevated number of workers are still getting sick, employers are losing their patience. One union told Insider that the disparity highlights the need for guaranteed sick leave. "UFCW fights hard to ensure guaranteed sick leave is included in our contracts so employers can't simply cut back on leave because they're 'tired of excuses.'" When it comes to low-wage employees, over 60% don't have access to sick leave, according to a September study from the Economic Policy Institute.

☆ Coca-Cola joins a growing list of corporations giving big money to Biden's inauguration
▼ + stars: | 2021-01-11 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +4 min

Coca-Cola will give $110,000 in cash and products to President-elect Joe Biden's inaugural committee. Boeing, Google, Microsoft, and Comcast are other corporations with significant business before the federal government that have given the Biden inauguration money. Biden's inauguration is still scheduled for January 20 despite the January 6 attack on the US Capitol. Andreas Zeitler/Shutterstock.comOther big corporations giving to Biden inaugurationBoeing in December confirmed to Insider that it was giving the Biden inauguration $1 million. A spokesperson for the Biden inauguration did not immediately return a request for comment.

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