Costco Raise Hourly - QuikReader

Costco to Raise Hourly Pay for Most U.S. Store Workers to Over $30

The wage bump comes just ahead of a Jan. 31 strike deadline that the wholesaler club’s 18,000 unionized employees approved earlier in January.

Inc. - 9h

Costco clerks will soon make up to nearly $32 an hour

Costco says its new wage hike offers hundreds of thousands of workers pay and benefits that "far outpace others in the retail industry."

CBS News - 6h

From Delta Air Lines to Costco, some companies say they’ll stick with DEI

While several major companies are eliminating or scaling back diversity programs under pressure and amid a push to exorcise them from the federal government, some say they’re standing firm in the ...

NBC News - 2d

Costco DEI Commitment Draws Warning From Conservative State Attorneys General

In the wake of Trump’s anti-DEI policies, companies such as Target and McDonald’s have already pulled away from their previous commitments. Not Costco, which is now in the legal crosshairs.

Inc. - 2d

23andMe is exploring strategic alternatives, looking to raise capital

23andMe said it's started exploring strategic alternatives, including a possible sale.

CNBC - 3d

Republican attorneys general call out Costco for maintaining DEI

Costco shareholders days ago rejected anti-DEI proposal. The retailer says DEI is good for business.

CBS News - 3d

Republican-led states call on Costco to drop DEI

A group of Republican attorneys general are demanding Costco end all of its diversity, equity and inclusion (DEI) policies as a plethora of other retailers drop their programs. In a letter to the ...

The Hill - 3d

You can get anything at Costco, including DEI

Costco shareholders voted to reject pressure from the Trump administration to reconsider or abandon their DEI policies. Let's affirm that diversity, equity, and inclusion are fundamental to America ...

The Hill - 3d

9 Costco foods a Japanese nutritionist and longevity expert always buys

Nutritionist and longevity expert Michiko Tomioka grew up in Japan, where some of the world's longest-living people live. She shares her favorite healthy Costco items that she trusts and "can't ...

CNBC - 4d

After 12 Years, Costco Is Making a Bittersweet Change. It’s the Beginning of a New Era

Costco CEO Ron Vachris confirmed the company would bring back Coke products this year.

Inc. - 4d

Southern California Rainstorms Raise Risks of Mudslides

The charred soil left by the wildfires could create conditions ripe for mudslides because the rain, which will last into Monday, will just run off, forecasters said.

The New York Times - 5d

Auschwitz 80th anniversary gathering raises difficult questions

World leaders gather in Poland on Holocaust memorial day, Fed and ECB make rate calls, and the Year of the Snake begins

Financial Times - 5d

Costco swapping out Pepsi products at food courts, CEO confirms

Don't worry, the $1.50 hot dog is safe.

The Hill - 5d

Carter watches No. 15 raised to rafters by Nets

Vince Carter became the seventh Nets player to have his number retired, something he labeled as "insane." "It is an honor to be up there with you gentlemen," he said.

ESPN - 5d

Costco shareholders reject an anti-DEI measure from a conservative group

Costco's public support of DEI programs contrasts with positions taken in recent months by other big U.S. brands

CBS News - Jan. 24

March for Life: Abortion Opponents Raise Their Ambitions

The March for Life on Friday will bring together a movement invigorated by some early moves of the second Trump administration.

The New York Times - Jan. 24

Costco’s board rejects anti-DEI motion, defends ‘respect and inclusion’

Costco’s board of directors rejected anti-diversity, equity and inclusion (DEI) efforts, noting the company will defend “respect and inclusion” as efforts are underway nationwide to strike the ...

The Hill - Jan. 23

Costco Defends Its Diversity Policies as Other Companies Scale Back

The membership club chain may face a shareholder challenge to its diversity, equity, and inclusion initiatives as a conservative think tank readies for another fight.

Inc. - Jan. 23

Baya Systems raises $36M for AI and chiplet innovation

Baya Systems, a chip technology company that wants accelerate intelligent computing, raised $36 million in funding.

VentureBeat - Jan. 23

As D.E.I. Programs Come Under Attack, Companies Like Costco and Microsoft Forge Ahead

As racial and gender equity programs come under attack, many companies have scaled back. But Costco, Microsoft and others have forged ahead.

The New York Times - Jan. 22

Netflix raising prices as subscriptions soar

Netflix plans to raise the cost of a subscription after reporting one of its best financial quarters to end 2024. A standard basic plan including advertisements will now cost $17.99, with a premium ...

The Hill - Jan. 22

Netflix to raise prices in US as new subscribers soar

Squid Game 2 and live sports, including the Jake Paul v Mike Tyson fight, fuelled new memberships.

BBC News - Jan. 22

Costco union representing 18,000 workers authorizes nationwide strike

The union said 85% of its members approved a work stoppage.

CNBC - Jan. 20

Costco workers ready to strike on Feb. 1, Teamsters say

Costco Teamsters voted to authorize nationwide walkout by more than 18,000 workers over wages and benefits.

CBS News - Jan. 20

Teamsters authorize Costco strike ahead of Jan. 31 contract lapse

Teamsters working for wholesale giant Costco voted to authorize a strike ahead of a Jan. 31 contract expiration, the labor group said in a statement. The contract covers more than 18,000 Costco ...

The Hill - Jan. 20

McCarthy on Biden pardons: 'It raises doubt on what they did'

Former Speaker Kevin McCarthy (R-Calif.) criticized President Biden's decision to pardon Anthony Fauci, Gen. Mark Milley, former Rep. Liz Cheney (R-Wy.) and other members of the House panel that ...

The Hill - Jan. 20

Underdog Djokovic must 'raise his game' for Alcaraz

Novak Djokovic, a record 10-time Australian Open champion, finds himself in an unusual position - labelled the underdog when he plays Carlos Alcaraz.

BBC News - Jan. 20

Over 18,000 Costco employees voted to approve nationwide strike

The Teamsters union released the results of the strike vote on Sunday evening.

ABC News - Jan. 20

BoJ looks to raise rates in shadow of Trump inauguration

Increase would further entrench officials’ move to normalise monetary policy

Financial Times - Jan. 20

Why Costco Isn't Joining the Backlash Against DEI

The retail giant is swatting back at a conservative activist group, buoyed by loyal customers and staff.

The Wall Street Journal - Jan. 15

FirstFT: ‘Breakthrough’ raises hopes for Gaza ceasefire deal

Also in today’s newsletter, special counsel Jack Smith issues report on election interference, and Amazon plans AI ‘brain’ for Alexa

Financial Times - Jan. 14

Trump’s return raises prospect of global tax war

Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffs

Financial Times - Jan. 12

Biden Raises Bounty For Nicolás Maduro to $25 Million

The United States will also extend temporary protections for roughly 600,000 Venezuelan migrants in the United States.

The New York Times - Jan. 10

Sainsbury's raises pay but is cautious on hiring

The supermarket chain will lift wages to £12.60 but expects costs to increase after Budget measures.

BBC News - Jan. 10

Costco’s holiday-season sales jump was not just about food, analyst says

Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday-shopping season, marked by a big jump in online sales.

MarketWatch - Jan. 8

2024 Tried to Kill DEI. Could Costco Launch a Revival in 2025?

Conservative activists have successfully convinced companies such as McDonald’s and Walmart to shut down their DEI programs. Costco said no.

Inc. - Jan. 7

Anthropic in talks to raise funding at $60 billion valuation

AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.

CNBC - Jan. 7

Firms to raise prices due to tax and wage increases

Consumers could face higher costs in the coming months amid falling confidence among UK businesses.

BBC News - Jan. 6

Costco has the tools to show its expensive stock is still worth the premium in 2025

Costco's burgeoning revenue streams like advertising and e-commerce may help propel the stock in the new year.

CNBC - Jan. 2

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