Costco union that represents 18,000 workers authorizes nationwide strike at ABC. “Our members have spoken loud and clear — Costco must deliver a fair contract, or they’ll be held accountable,” Teamsters General President Sean M. O’Brien said…”From day one, we’ve told Costco that our members won’t work a day past January 31 without a historic, industry-leading agreement. Costco’s greedy executives have less than two weeks to do the right thing…” Read more

 

Canada’s annual inflation rate drops to 1.8% in December on sales tax relief at Reuters

 

Walmart opens new 350-acre corporate campus at Talk Business. “Walmart CEO Doug McMillon said the new campus has come a long way from the first conversations he and Board Chairman Greg Penner first had in 2017 about the possibility of a new corporate campus. McMillon thanked Penner, the board and the Walton Family for supporting the investment. “They did not ask us to go shop other regions for the project and I am very grateful for that…” at Talk Business.” Read More | And More

 

BJ’s Wholesale Club Celebrates 250th Club and 21st State with Grand Opening in Louisville Press release

 

Kohl’s Shoppers Want Its New CEO to Undo What the Last One Did at WSJ. “(Ashley) Buchanan, who spent more than a dozen years at Walmart before becoming the CEO of crafts retailer Michaels, will face a conundrum at Kohl’s that has tripped up other department-store leaders: how to attract new, younger customers without alienating the existing shoppers who account for the bulk of sales.” WSJ subs.

 

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Here are the products and companies most at risk from Trump’s tariff plans at CNBC

 

The Battle for Recovery Supplies Is On in a Disaster-Strewn America at WSJ. “You’re going to have a Hunger Games-style competition for materials and labor,” said Sean Burton, chief executive at the Los Angeles-based multifamily development firm Cityview…Burton thinks that the government, homeowners and contractors should buy appliances and building materials in bulk to reduce costs and expedite the redevelopment effort in Southern California, even if that means storing some of that supply in vacant warehouse space.” WSJ subs.

 

Amazon pauses drone deliveries – Oregon test crash ‘not the primary reason’ at GeekWire. “Bloomberg reported that two of Amazon’s MK30 drones crashed during flights at the company’s Pendleton, Ore., testing facility, and one caught fire on the ground. “The company later discovered a software issue was to blame, related to the light rain the aircraft were flying through at the time,” Bloomberg reported.” Read more

 

Davos: Trump to appear via videolink on Thursday at CNBC

 

The Alcohol Industry Is Hooked on Its Heaviest Drinkers “A fifth of adults account for an estimated 90% of alcohol sales volumes in the U.S., according to an analysis published in 2023 by equity research firm Bernstein. “Heavier drinkers are obviously where the money is,” said Philip Cook, a professor emeritus at Duke University…” WSJ subs.

 

Amazon bought more renewable power last year than any other company at TechCrunch

 

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