Costco Strike Averted After Last-Minute Agreement Reached With Teamsters Union
1. Costco and Teamsters reached a tentative three-year contract, avoiding a strike. 2. 18,000 unionized workers would have impacted 56 stores across various states. 3. Costco plans to raise pay for hourly workers, exceeding $30-per-hour. 4. Pro-union sentiment is rising, with 70% of Americans supporting unions. 5. Contract details are yet to be finalized, pending ratification by union members.