Starbucks labor dispute escalates

In the early trading session on Wednesday, the stock price of Starbucks rose by 1.7% in the US market. There are reports that the company is facing new strike threats, including strikes at the Disney downtown store and planned actions on Red Cup Day, where unionized baristas are fighting for higher wages and improved staffing. Analysts say that the new strike threats could bring operational and reputational risks to the company's efforts to turn a profit.