Hollywood Strikes Keep Spotlight on Labor Rights: ESG Week Ahead

July 28, 2023, 12:05 PM UTC

Labor relations in the US will stay in the spotlight in earnings calls next week after United Parcel Service Inc. and the Teamsters union’s landmark deal on Tuesday, averting the precipitous effects that would have accompanied a strike.

While striking Hollywood writers and actors wouldn’t stifle the US economy in the same way the Teamsters might have, their organizing efforts have halted TV and movie production and could jeopardize Warner Bros Discovery Inc.’s TV and movie releases. Elsewhere, Starbucks Corp.’s union-fighting efforts are resulting in increasing legal trouble, while Uber Technologies Inc. is counting on the courts to strike down ...

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