By Dee-Ann Durbin
Starbucks is no longer requiring its U.S. workers to be vaccinated against COVID-19, reversing a policy it announced earlier this month.
In a memo sent Tuesday to employees, the Seattle coffee giant said it was responding to last week’s ruling by the U.S. Supreme Court. In a 6-3 vote, the court rejected the Biden administration’s plan to require vaccines or regular COVID testing at companies with more than 100 workers.
“We respect the court’s ruling and will comply,” Starbucks Chief Operating Officer John Culver wrote in the memo.
Starbucks' reversal is among the most high-profile corporate actions in response to the Supreme Court ruling. Many other big companies, including Target, have been mum on their plans.
On Jan. 3, Starbucks said it would require all employees to be vaccinated by Feb. 9 or face a weekly COVID test requirement. At the time, Culver said it was the responsibility of Starbucks' leadership “to do whatever we can to help keep you safe and create the safest work environment possible.”
In Tuesday's memo, Culver said the company continues to strongly encourage vaccinations and booster shots. The company also told workers on Tuesday that they shouldn't wear cloth masks to work, and should instead use medical-grade surgical masks.
Starbucks required workers to reveal their vaccination status by Jan. 10. The company said Wednesday that 90% have reported and the “vast majority” are fully vaccinated. Starbucks wouldn’t say what percent of workers are not fully vaccinated.
Starbucks employs 228,000 people in the U.S.
A former Facebook executive pled guilty to stealing more than $4 million from the company while she was employed there.
Rising safety concerns over water bead products marketed to kids have prompted major retailers like Amazon, Target and Walmart to pull some toys off their shelves.
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
Intel is out with a new product to challenge other big players in the space like Nvidia and AMD.
Stocks fell after the opening bell Friday but will end on another positive week.
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
Mortgage rates have dropped below 7% for the first time since the middle of August.
Taylor Swift grossed nearly $2 billion this year, according to Billboard.
Load More