Anheuser-Busch brewery workers poised to strike
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 28 February 2024
⏱️ 5 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Wednesday, February 28th. I'm Julie Morgan. |
| 0:13.0 | 5,000 workers at a dozen breweries are ready to take to the picket line. |
| 0:18.0 | United Health is reportedly under review by the DOJ, and Apple cancels work on its EV. |
| 0:25.0 | 5,000 workers at a dozen U.S. Anheiser Bush-Mbev breweries are preparing to strike this week. |
| 0:32.0 | The current five-year contract with the Teamsters |
| 0:34.6 | expires on Thursday. National bargaining with the Teamsters started in |
| 0:38.8 | September of last year and in December 99% of workers voted to strike if they don't reach an agreement. |
| 0:46.0 | The Teamsters also announced that they will more than double the strike pay of workers to $1,000 per week if a strike should happen. |
| 0:54.1 | In a statement on the company's website, |
| 0:56.3 | Anheuser-Bush notes that it has contingency plans |
| 0:59.5 | in place for a nationwide strike |
| 1:01.5 | to keep the beer flowing. |
| 1:02.8 | The workers are asking for job security, |
| 1:05.2 | an increase in retirement benefits, and an increase in wages. |
| 1:10.2 | The Department of Justice has reportedly started an antitrust review of United Health Group. |
| 1:15.6 | According to a Wall Street Journal report on Tuesday, which cited people familiar with the matter, |
| 1:20.8 | the DOJ is probing ties between United Health and his Optum Health School. with the |
| 1:23.3 | matter. The DOJ is probing ties between United Health and his Optum Health Services arm. The regulator is interviewing health care |
| 1:28.2 | industry representatives in areas where United Health competes. |
| 1:32.3 | According to the report, investigators are asking in areas where United Health competes. |
| 1:32.8 | According to the report, investigators are asking about potential impacts of the |
... |
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