Tag: Labor

Breaking News: Trader Joe’s Is Suing Its Workers’ Union For An Incredibly Silly Reason
Business

Breaking News: Trader Joe’s Is Suing Its Workers’ Union For An Incredibly Silly Reason

Trader Joe’s isn’t backing down in a trademark battle with its workers’ union.Last month a federal judge threw out all of the company’s claims that the union, Trader Joe’s United, had violated its trademarks with the union’s name and logo. The judge went so far as to say that the company’s attorneys nearly deserved sanctions for even filing the lawsuit.But the scathing order didn’t stop Trader Joe’s from filing an appeal in federal court Thursday in hopes of keeping the lawsuit alive. The company is trying to force the union to stop selling merchandise like tote bags, T-shirts and mugs that have the name Trader Joe’s United on them.Trader Joe’s argues that the items could be creating “confusion” among its consumers and “diluting” the grocer’s brand — claims that the judge overseeing the ca...
Latest: Stock market today: Wall Street holds near record levels, with S&P 500 on precipice of 5,000
News & Events

Latest: Stock market today: Wall Street holds near record levels, with S&P 500 on precipice of 5,000

NEW YORK -- U.S. stocks are holding near record levels Thursday as evidence keeps piling up to show the job market remains remarkably solid.The S&P 500 was virtually unchanged in early trading, a day after coming within a fraction of a point of the 5,000 level for the first time. The Dow Jones Industrial Average was up 24 points, or 0.1%, as of 9:40 a.m. Eastern time, and the Nasdaq composite was flat.The U.S. economy has blown past earlier expectations for a recession, and the latest show of strength came from a report indicating fewer workers applied for unemployment benefits last week than expected. The number remains low relative to history, even if layoffs at Google’s parent company, Macy’s and other big-name companies have been getting attention recently.In prior months, such a r...
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