SBUX unionization efforts

What happened: Starbucks (SBUX) unionization efforts are heating up, with employees at the original Pike Place store seeking to unionize. Meanwhile, the company is boosting sales and employee morale with $1,200 bonuses and expanded tipping. Starbucks investors reelected the full board, rejecting a labor-backed challenge. United Airlines reached a tentative deal with flight attendants, while Target faces a boycott from teachers' union over wage disputes.

Market impact: The unionization push at Starbucks could drive labor cost increases and potential disruptions, affecting the company's valuation and operating margins. The bonuses and tipping expansion aim to boost sales and customer satisfaction, positively impacting the company's top line. The Target boycott may affect the retail sector's back-to-school sales.

What to watch next: Starbucks' Investor Day on April 14 could provide clarity on the company's turnaround progress and future growth prospects. Additionally, the outcome of unionization votes and negotiations at Starbucks stores will determine the potential labor cost impact on the company and the broader food and beverage sector.