The initiative was announced as labor organizers have won initial votes at more than 50 stores, including several this week. However, the wage increase won’t apply to stores where employees have unionized, the company said, explaining that it will need to negotiate deals with the unions involved in those stores. Starbucks plans $1 billion in wage increases and investments in its stores. The scrutiny comes as American regulators consider delisting Chinese businesses publicly traded in the U.S. ![]() The company said the agency was looking into its $4.4 billion I.P.O. is investigating the Chinese ride-hailing giant DiDi. The District of Columbia claimed that the Trump International Hotel had accepted excessive payments from the former president’s inauguration committee, a nonprofit, in part to host a private event for his children. ![]() The Trump family business pays $750,000 to settle suit with Washington. “If they’re facing enough of a labor shortage that they think it’ll matter in terms of hiring people at the rate that they want,” said Amanda Shanor, an assistant professor of constitutional law at the Wharton School, “then they might do something.” Restrictive abortion laws have the biggest effects on low-wage workers, who cannot as easily afford to travel out of state for an abortion, and many of their employers, such as at Walmart and Kroger, are headquartered in Republican-led states. But that search for talent is complicated. “We want to be able to recruit and retain employees wherever they might be living,” Yelp previously told DealBook. A Texas state legislator warned in March that he would seek to prevent Citigroup from underwriting municipal bonds in the state unless it rescinded its policy of covering employees’ travel expenses for abortions.Ĭompanies may start treating reproductive health as an employee benefit to attract talent. These states also have a track record of pushing back against companies that take a political stand on issues like local abortion laws. Ron DeSantis, a Republican, signed into law a ban on most abortions after 15 weeks of pregnancy. Last year, Texas enacted a ban on most procedures after about six weeks of pregnancy. Several of the 31 states that have introduced abortion bans this year have sought to attract companies with low tax rates. In certain states, big companies are increasingly finding themselves at odds with Republican leaders. (Sheryl Sandberg posted on Facebook that “ this is a scary day for women.”) economy and our nation’s pursuit of gender and racial equity.” The company added that the end of Roe would “jeopardize workplace gains women have made over the past 50 years, disproportionately impact women of color and force companies to implement different health policies for different locations.” In a statement to DealBook, Levi’s said that restricting access to abortion would have “far-reaching consequences for the American work force, the U.S. ![]() ![]() Some companies, like Levi’s and OkCupid, and executives have spoken out. The Chamber of Commerce declined to comment, and the Business Roundtable said it did “not have a position on this issue.” They include: PricewaterhouseCoopers, Oracle, JPMorgan Chase, Walmart, Disney, Meta, Airbnb, ThirdLove, Patagonia and Kroger. Although Apple, Amazon, Citigroup and Yelp are among those offering to cover some costs for employees who need to travel out of state for an abortion, other companies had no comment yesterday about the Supreme Court draft opinion leak. That may explain why, so far, many companies remain muted. Companies choosing to offer new policies to support employees seeking abortions - or choosing not to - risks dividing customers, employees and clients. Most Americans support at least some access to abortion, and most support restrictions that Roe v. Abortion is a business issue: Women make up more than half of the work force, and those who were unable to get abortions were less likely to be employed full time six months after denial of care, according to a 2018 paper.īut abortion is also one of the most divisive topics in American politics, and the state of public opinion on the issue is complex. Wade may be overturned, many of America’s corporate leaders reacted with silence. After a Supreme Court draft ruling showed that Roe v.
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