Costco to raise pay to $30 an hour after union workers threaten strike
1. Costco plans to raise wages to over $30 per hour for workers. 2. Union members authorized a strike with 85% voting in favor. 3. Costco's profits reached $7.4 billion in 2024, prompting wage negotiations. 4. The wage increase includes a boost to $20 per hour for low-scale employees. 5. Strike would impact less than 10% of Costco locations.