Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters spokesman Matthew McQuaid confirmed the agreement, which will have to be approved by members. Details of the agreement weren’t immediately available. The Associated Press left a message seeking comment with Costco. The Teamsters … Read more
Costco workers vote to strike; current contract expires Jan. 31 Costco workers vote to strike; current contract expires Jan. 31 00:21 Costco Wholesale is increasing its pay to more than $30 an hour for hundreds of thousands of workers, with clerks at the top of the retailer’s pay scale set to make almost $32 an … Read more
Costco shareholders voted down a shareholder proposal urging the wholesale club operator to evaluate any risks posed by its diversity, equity and inclusion, or DEI, practices. According to preliminary results shared by Costco executives at its annual meeting Thursday, more than 98% of shares voted against the proposal. In a pre-recorded statement which was played … Read more