Business
Under a tender offer, Musk, who owns about 9% of Twitter shares, would take his offer directly to other shareholders, bypassing the board.
The handful of stores in the greater Richmond area are the first Starbucks locations in Virginia to unionize.
"If you say philanthropy is love of humanity, they are philanthropy," he insisted in an interview with the head of TED Talks in Texas.
Elon Musk falsely claimed he had secured funding to take Tesla private in 2018. That history may raise red flags for his pursuit of Twitter.
WHAT'S HAPPENING
WHAT'S HAPPENING
Recent statements by CEO Howard Schultz offer a glimpse of some of the hardball tactics that might lay ahead.
“My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder,” Musk said in a filing.
The union has petitioned for elections at roughly 200 stores around the country.
“This is among the first things that I have started to look to take care of and deal with in the first 30 days I’ve been at the company,” said Stephen Scherr.
Jennifer Abruzzo, general counsel for the National Labor Relations Board, said “captive audience” meetings are inherently coercive and should be outlawed.
“Our teams are always thinking about new ways to help employees engage with each other,” a spokesperson told The Intercept.
