Why Costco's new pay hike could backfire as union strike looms
1. 18,000 Costco workers may strike due to contract expiration. 2. Costco raises pay for non-union employees to over $30/hour. 3. Teamsters demand higher wages, asserting Costco's profits justify it. 4. Union members voted to strike if no agreement is reached. 5. Costco's moves might complicate union negotiations and public image.