Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock 
Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism 
Bayer Wins Major U.S. Supreme Court Roundup Lawsuit, Shares Surge 
Nissan Halts Electric Qashqai Development Amid EV Market Challenges 
Ryan Cohen Rejects GameStop Pay Package, Prepares New eBay Acquisition Plan 
Kioxia Targets U.S. Listing as AI Chip Boom Accelerates 
Heineken Names JDE Peet’s CEO Rafael Oliveira as New Chief Executive 
Doncasters Raises $919 Million in NYSE IPO as Aerospace Growth Accelerates 
Fortescue Faces Class Action Over Sexual Harassment Claims at Australian Mining Sites 
Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test 
SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom 
Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy 
Pelosi Discloses Major Intel and Uber Call Option Purchases Worth Up to $6 Million 
Bain Capital Nears Deal for Majority Stake in Volkswagen Marine Engine Unit Everllence 
FedEx Stock Drops After Weak 2026 Earnings Forecast Despite Strong Q4 Results 
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices 
Starbucks has been cited for violating some union laws; thus, the federal regulators are reportedly seeking to reopen at least 23 stores that they said were shut down illegally. The U.S. National Labor Relations Board (NLRB) said the operations in these outlets were halted due to union organizing.
The independent federal agency that protects the rights of private sector employees said that such a move is a violation of federal labor law. The regulator described this act as union-busting; thus, it would like for the shuttered Starbucks locations to reopen.
NLRB’s New Complaint vs. Starbucks
Kiro7 News reported that the feds accused Starbucks of closing almost two dozen coffee houses to deter employees from unionizing or engaging in union-organizing activities. The complaint against the company was raised by a regional office of the NLRB this week.
The feds argued that Starbucks closed down 23 stores either because the staff members have already unionized or the HQ is taking measures to stop them from doing so. It was shared in the complaint that workers in at least seven stores had unionized.
At any rate, the union that represents the employees of Starbucks is called the Starbucks Workers United. It is based in New York and is affiliated with the Service Employees International Union (SEIU), which represents the baristas at 340 Starbucks stores in the U.S.
Case is Set to Go to the Administrative Judge
The complaint is the latest addition to the series of accusations made by the feds against Starbucks for allegedly breaking the law during its 2-year labor campaign, as per The New York Times. This case is set to be forwarded to the administrative judge next summer, but this may not reach trial if Starbucks decides to settle the matter early.
“This complaint is the latest confirmation of Starbucks’ determination to illegally oppose workers’ organizing,” an employee at Starbucks, Mari Cosgrove, said via Workers United’s spokesperson.
