Costco Wholesale announced a significant pay raise for its non-union employees, just one day before contract talks with unionized workers were set to reach a critical point, according to Bloomberg.

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.

Bloomberg News reports that Costco CEO Ron Vachris sent a staff memo stating that most of the company's hourly U.S. workers ...

Christian Sewing, the CEO of Deutsche Bank, is the latest to express support for his company's DEI initiatives.

Costco Wholesale is raising pay for most of its hourly U.S. workers to more than $30 an hour amid contract talks with ...

Costco just announced that all employees at its non-union stores will get a pay raise a day before employees at its 50 ...

Now Costco CEO Ron Vachris has announced pay increases for nonunionized workers over the next three years, according to an ...

Earlier this month, Costco CEO Ron Vachris wrote a rigorous defence of the company's policies to a customer who had raised concerns that employees were hired based on 'skin color' or 'gender ...

"If these are the policies you see as offensive, I must tell you I am not prepared to change," the warehouse retailer's CEO Ron Vachris told a customer who had emailed him earlier this month ...

Ron has covered since 2014 the world’s top oil and gas companies, focusing on their efforts to shift into renewables and low carbon energy and the sector's turmoil during the COVID-19 pandemic ...

According to The Wall Street Journal, earlier this month, the company’s CEO Ron Vachris reiterated his commitment to the initiatives when a customer sent him an email questioning whether the ...