- Cornele Overstreet, a regional director with the National Labor Relations Board, supported the unionization of Amazon.Com, Inc (NASDAQ:AMZN) workers in Staten Island, N.Y.
- Overstreet rejected Amazon’s appeal as the latter failed to provide sufficient evidence to overturn the election results, the Wall Street Journal reported.
- Amazon has said the union and NLRB regional office that supervised the vote created an unfair playing field for the election.
- Amazon said the union threatened employees and used other improper methods to convince voters.
- In April 2022, workers from the Staten Island warehouse voted to form the company’s first U.S. union.
- Overstreet’s ruling means Amazon must bargain with the union over a contract.
- The union faced more difficulty organizing outside of Staten Island, as Amazon spent millions countering its efforts.
- Amazon workers protested with employees at several facilities striking in recent months.
- In November, a federal judge ordered Amazon to stop avenging workers organizing at the Staten Island facility that unionized.
- Price Action: AMZN shares traded higher by 0.81% at $95.86 in the premarket on the last check Thursday.
- Photo by Use at your Ease from Pixabay
Oak Street Health Q2 Sales $523.70M Beat $522.01M Estimate
Oak Street Health (NYSE:OSH) reported quarterly sales of $523.70 million which beat the analyst consensus estimate of $522.01 million by 0.32 percent. This is a 48.31 percent increase over sales of $353.10 million the
