Starbucks Flouts Law By Refusing To Fairly Negotiate With Workers, Says NLRB Lawyer: Report


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


  • U.S. labor board prosecutors have reportedly alleged that Starbucks Corp (NASDAQ:SBUX) has breached federal law by refusing fair negotiations with staffs of its unionized cafes.
  • The National Labor Relations Board's general counsel said the company violated the law by refusing to participate in collective bargaining sessions if some workers were present through videoconference, reported Bloomberg.
  • The NLRB spokesperson Kayla Blado said Starbucks can either agree to amend its ways or face complaints.
  • Also Read: Starbucks Union Organizers Take Aim At Company's New CEO: 'I'd Prefer It If He Stayed Out Of Our Way'
  • The coffee chain had previously complained that Starbucks Workers United was not willing to fair negotiations as it wanted workers to participate in talks through a virtual meeting.
  • A formal complaint by the NLRB "would mean a lot, because Starbucks has walked out of so many bargaining sessions," the report quoted Los Angeles barista Tyler Keeling, a member of the union's national bargaining committee.
  • Starbucks Workers United has organized about 300 of the company's 9,000 U.S. stores since late 2021.
  • The former CEO, Howard Schultz, will testify Wednesday before a U.S. Senate committee about the company's handling of the operation.
  • Also ReadNew Starbucks CEO Laxman Narasimhan Takes Reins From Howard Schultz Ahead Of Schedule
  • Price Action: SBUX shares are trading higher by 0.34% at $99.00 in premarket on the last check Tuesday.
  • Photo Via Company

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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