Costco reaches tentative agreement with union to avert potential strike
This story incorporates reporting from Los Angeles Daily News, Forbes and ABC 10 News.Costco and the Teamsters union have reached a tentative agreement that is set to avert a pending strike, according to statements from both parties. The union, representing over 17,000 Costco employees, and the retail giant negotiated into the early hours to finalize the deal. The agreement now requires ratification by Teamsters members.