00:00It's Benzinga bringing Wall Street to Main Street.
00:02A Starbucks barista strike has expanded to include over 5,000 workers in over 300 stores
00:07in 45 states, coinciding with the company's peak holiday season.
00:11While representing only 3% of U.S. Starbucks locations, this escalation follows an initial
00:16strike last week in three cities. The strike highlights claims of unfair labor practices
00:20and stalled negotiations on a contract seeking a 64% immediate wage hike, increasing to 77%
00:28over three years. Union President Lynne Fox criticized Starbucks for its lack of investment
00:33in baristas' wages and unresolved labor disputes, emphasizing workers' value as
00:38true partners. Starbucks responded with executives deeming union demands
00:42not sustainable and promoting existing pay and benefits.
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