Tag: company

  • Quaker Oats Company recalls Pearl Milling pancake, waffle mix: FDA

    Quaker Oats Company recalls Pearl Milling pancake, waffle mix: FDA

    Officials from the Food and Drug Administration (FDA) recently escalated the recall of certain Quaker Oats pancake mixes earlier this week, increasing the recall category to the most serious level.

    The Quaker Oats Company, a subsidiary of Pepsi Co, previously announced the limited recall of certain boxes of Pearl Milling Company Original Pancake & Waffle Mix on Jan. 14. Pearl Milling was originally branded as Aunt Jemima before 2021.

    On Thursday, the FDA updated the recall category to Class I, which pertains to “situation[s] in which there is a reasonable probability that the use of, or exposure to, a violative product will cause serious adverse health consequences or death.”

    In a January press release, the company noted that certain two-pound boxes of the product contained “undeclared milk.”

    TUNA CANS SOLD AT TRADER JOE’S, WALMART AND OTHER SUPERMARKETS RECALLED OVER ‘POTENTIALLY FATAL’ FLAW

    A Quaker Oats Company product is being recalled by the FDA. (Gabby Jones/Bloomberg via Getty Images / Getty Images)

    “[The recall was announced] after being alerted by a retail partner,” the statement noted. “Those with an allergy or severe sensitivity to milk run the risk of a serious or life-threatening allergic reaction if they consume the recalled product.”

    The mixes were distributed to retailers in 11 states: Arkansas, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, Mississippi, Nebraska, Utah and Wisconsin. Consumers could have bought the recalled products as early as Nov. 18 of last year.

    No other Pearl Milling pancake and waffle mixes have been recalled, and the recall strictly pertains to products with a UPC code of 30000 65040 and a best-by date of Sept. 12, 2025.

    POPULAR BRAND OF PET FOOD RECALLED DUE TO SALMONELLA CONCERNS: ‘CONTACT YOUR VETERINARIAN’

    Aunt Jemima logo updated to Pearl Milling Company, Quaker Oats stated old logo was based on a racial stereotype

    Aunt Jemima logo updated to Pearl Milling Company, Quaker Oats stated old logo was based on a racial stereotype.  (Lindsey Nicholson/Universal Images Group via Getty Images / Getty Images)

    “No allergic reactions related to this matter have been reported to date,” the company noted. “If consumers have an allergy or sensitivity to milk, they should not consume the product and discard it immediately.”

    Quaker Oats has recalled multiple products in the past few years. In December 2023, Quaker Oats recalled over two dozen types of granola bars and cereals due to a salmonella contamination risk.

    In March 2021, the company recalled thousands of bags of its Quaker Rice Crisps Sweet Barbecue Flavor over the possibility of undeclared soy.

    blueberries on pancakes

    Consumers are urged to check their pancake boxes to see if their products are included in the recall. (iStock / iStock)

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    FOX Business reached out to Quaker Oats for additional comment.

  • Ricky Starks makes stunning WWE NXT appearance after release from rival company

    Ricky Starks makes stunning WWE NXT appearance after release from rival company

    The WWE Universe was left stunned on Tuesday as NXT wrapped up its latest episode as pro wrestling superstar Ricky Starks showed up to the building to address the crowd.

    Starks was released from All Elite Wrestling on Monday following a months-long absence. He hadn’t been seen on AEW television since March 30, 2024, when he and Big Bill lost a tag-team match to Dante and Darius Martin.

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    Ricky Starks at San Diego Comic-Con on July 23, 2022, in San Diego, California. (Irvin Rivera/Getty Images for IMDb)

    He made an appearance at a Game Changer Wrestling show at the American Dream in East Rutherford, New Jersey, and then appearances at House of Glory last month. He won the DEFY World Championship last week against defending champion KENTA.

    Then, he was released. WWE didn’t appear to waste any time for him to show up.

    “Holy crap!” NXT broadcaster Vic Joseph said as Starks appeared in the crowd.

    Fans in attendance cheered Starks’ name as he addressed them.

    JEY USO CHOOSES GUNTHER AS WRESTLEMANIA 41 OPPONENT WITH WORLD HEAVYWEIGHT CHAMPIONSHIP ON THE LINE

    “It’s obvious you know who I am,” he said. “If NXT is the future of professional wrestling, well guess what? You need an absolute superstar of the future. If this is the hottest brand, well you need the hottest free agent right now, baby.”

    Starks’ appearance in NXT is the latest example of a pro wrestler making a stunning jump to a rival company.

    Ethan Page performed at AEW up until the summer of 2023, and then he was at Ring of Honor before he joined WWE last year. Shawn Spears was with AEW from its launch in 2019 before he rejoined WWE in February 2024 and started to perform in NXT.

    On the flip side, former WWE stars Bobby Lashley, Shelton Benjamin and MVP were among those to recently appear in AEW after their departure from the Connecticut-based company.

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    WWE logo

    The WWE Monday Night Raw Supershow Halloween event on Oct. 31, 2011, in Atlanta. (Moses Robinson/Getty Images)

    It’s unclear what impact Starks will make right off the bat. But it was clear fans were excited for his arrival.

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  • Disney drops controversial ‘Reimagine Tomorrow’ program as company pairs back DEI initiatives

    Disney drops controversial ‘Reimagine Tomorrow’ program as company pairs back DEI initiatives

    Disney confirmed they are ending their “Reimagine Tomorrow” program – after Fox News Digital exposed they didn’t include the controversial DEI program in their latest SEC filing.

    The House of Mouse announced that they are ending the program, along with a slew of other DEI initiatives in an email, first reported by Axios, sent to employees.

    The “Reimagine Tomorrow” program was thrust into controversy after a 2022 meeting it hosted where an executive boasted of her “not-at-all-secret gay agenda” was unearthed by conservative activist Chris Rufo. 

    DISNEY CEO BOB IGER TELLS EMPLOYEES HE WANTS TO ‘QUIET’ DOWN CULTURE WARS, ‘RESPECT’ THE AUDIENCE

    Disney is dropping its “Reimagine Tomorrow” program.  (Walt Disney World Communications / Fox News)

    “On my little pocket of Proud Family Disney TVA, the showrunners were super welcoming… our leadership over there has been super welcoming to my not-at-all-secret gay agenda… they’re going hard… I don’t have to be afraid to have these two characters kiss in the background. I was just, wherever I could, adding queerness,” executive producer Latoya Raveneau said at the time.

    “Reimagine Tomorrow” was dedicated to “amplifying underrepresented voices and untold stories as well as championing the importance of accurate representation in media and entertainment,” according to its website, which is now defunct. 

    Disney's LGBTQ+ employees

    LGBTQ employees and their supporters walkout of Disney Animation protesting CEO Bob Chapek’s handling of the staff controversy over Florida’s “Don’t Say Gay” bill, aka the “Parental Rights in Education” bill, on Tuesday, March 22, 2022 in Burbank, CA ((Irfan Khan / Los Angeles Times via Getty Images) / Getty Images)

    Disney dropped “Reimagine Tomorrow” from its 2024 SEC filing, but today’s announcement goes further by confirming that the program has been terminated, and its website has been shut down. 

    According to the company email, which Fox News Digital obtained, Disney will now house its diversity initiatives on the “Belong” hub of its employee website “MyDisneyToday.”

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    Walt Disney World

    Disney announced they are rolling back their DEI initiatives according to a company email.  (Gary Hershorn/Getty Images / Getty Images)

    Additionally, Disney will no longer use DEI as a factor in its employee compensation. The movie, TV and theme park powerhouse will now instead use new “Talent Strategy” metrics which are centered on “business success.”

    “This factor will assess how leaders uphold our company values, incorporate different perspectives to drive business success, cultivate an environment where all employees can thrive, and sustain a robust pipeline to ensure long-term organizational strength,” per the email. 

  • Rs 60000 crore earnings, 5 days, 2 companies, not Reliance of Mukesh Ambani, Gautam Adani’s company, Infosys, TCS, they are….

    Rs 60000 crore earnings, 5 days, 2 companies, not Reliance of Mukesh Ambani, Gautam Adani’s company, Infosys, TCS, they are….

    Representational Image/AI-generated

    Sunil Mittal-led Bharti Airtel and HDFC Bank emerged as the biggest gainers at the stock market as the combined market valuation of the country’s top-10 most valued firms surged Rs 1,18,151.75 last week, in line with firm trend in equities, as the BSE benchmark climbed 354.23 points, or 0.45 percent, while the Nifty surged by 77.8 points, or 0.33 percent.

    According to market data, the market capitalization (mcap) of HDFC Bank jumped Rs 32,639.98 crore to Rs 13,25,090.58 crore, while Bharti Airtel added Rs 31,003.44 crore taking its valuation to Rs 9,56,205.34 crore.

    Apart from HDFC Bank and Bharti Airtel, Mukesh Ambani-led Reliance Industries Ltd (RIL), and ICICI Bank, Bajaj Finance, and Narayana Murthy’s Infosys, were also among the gainers from the 10-most valued firms. In contrast,  Tata Consultancy Services (TCS), State Bank of India, Hindustan Unilever, and ITC faced erosion from their valuation, losing a combined Rs 1.15 lakh crore in mcap.

    The Mcap of Bajaj Finance surged Rs 29,032.08 crore to Rs 5,24,312.82 crore and that of Infosys rallied Rs 21,114.32 crore to Rs 7,90,074.08 crore, while the valuation of Reliance Industries climbed Rs 2,977.12 crore to Rs 17,14,348.66 crore and that of ICICI Bank went up Rs 1,384.81 crore to Rs 8,87,632.56 crore.

    Meanwhile, the market valuation of  ITC tanked Rs 39,474.45 crore to Rs 5,39,129.60 crore, while Hindustan Unilever tumbled Rs 33,704.89 crore to Rs 5,55,361.14 crore. The mcap of State Bank of India declined Rs 25,926.02 crore to Rs 6,57,789.12 crore and that of TCS dipped Rs 16,064.31 crore to Rs 14,57,854.09

    Notably, Mukesh Ambani-led Reliance Industries is the most-valued domestic firm followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, ITC, and Bajaj Finance.

    (With PTI inputs)




  • Allstate says California wildfires to bring company .1 billion in losses

    Allstate says California wildfires to bring company $1.1 billion in losses

    Allstate said the wildfires that blazed through Southern California last month will bring the insurance company a sizable loss.

    CEO Tom Wilson said in a statement Wednesday that the wildfire-related losses are “expected to be about $1.1 billion, pre-tax, net of reinsurance, reflecting a decision to reduce market share beginning in 2007 and a comprehensive reinsurance program.”

    Allstate’s expected loss from the Los Angeles-area wildfires was disclosed in the insurance company’s fourth-quarter earnings release.

    A sign is shown on the entrance of an Allstate brokerage office on February 7, 2024, in Chicago, Illinois. Allstate Corp. today reported fourth-quarter earnings which exceeded Wall Street expectations. (Photo by Scott Olson/Getty Images) (Scott Olson/Getty Images / Getty Images)

    The company’s share of the California homeowners market stood at 5.8% at the end of 2023, down significantly from 12.6% 15 years ago, according to Allstate.

    STATE FARM ASKS CALIFORNIA TO APPROVE RATE HIKES AFTER WILDFIRES

    Allstate Property Liability President Mario Rizzo said during the company’s earnings call that it had “responded quickly and empathetically to help customers and communities after the tragic wildfires in Southern California.”

    Multiple wildfires devastated parts of the Los Angeles area last month, killing over two dozen people. One of the blazes, the Palisades Fire, scorched through 23,700 acres and razed over 6,800 structures. 

    Palisades Fire damage in Pacific Palisades

    View of damaged structures and homes caused by the wildfires in the Pacific Palisades neighborhood of Los Angeles on January 11, 2025, in Los Angeles, California.  (Axelle/Bauer-Griffin/GC Images / Getty Images)

    Southern California wildfires Pacific Palisades

    A view of fire-ravaged beach property overlooking the Pacific Ocean, which burned as a result of the Palisades Fire on January 12, 2025, in Malibu, California. (Frederic J. Brown/AFP via Getty Images / Getty Images)

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    “We deployed mobile claim centers and over 900 team members to assist customers. Helping our customers recover from the fires is our principal priority,” Rizzo said. “The financial impact of the wildfires reflects the comprehensive risk and return approach we’ve taken to managing the homeowners insurance business.” 

    The estimated $1.1 billion loss will appear in the company’s first-quarter earnings.

    Ticker Security Last Change Change %
    ALL THE ALLSTATE CORP. 191.88 -1.13 -0.59%

    Rizzo said that Allstate would “continue to monitor the development of this event and give an update later in February. 

    LA BUSINESSMAN RICK CARUSO LAUNCHES FOUNDATION TO REBUILD AFTER WILDFIRES

    The company generated $64.1 billion in 2024, including $16.6 billion in the fourth quarter. Its adjusted annual net income came in at $4.9 billion. 

    As of Friday, shares of Allstate were roughly flat from the start of 2025. Over the past 12 months, they have posted an over 20% increase.   

     

  • Colombia’s president orders national oil company to sell US fracking operation after backing down to Trump

    Colombia’s president orders national oil company to sell US fracking operation after backing down to Trump

    Colombian President Gustavo Petro ordered his country’s state-run oil company to sell off its operations in the U.S. on Tuesday, saying they would reinvest the funds into green energy.

    Petro announced the move during a televised cabinet meeting this week, arguing the company, Ecopetrol, cannot be “for death and not for life.” The order relates to a planned joint venture between Ecopetrol and the U.S.-owned oil company Occidental Petroleum, or Oxy. The deal was set to produce some 90,000 barrels of oil per day, but Petro now says he opposes it because it relies on fracking.

    “I want that operation to be sold, and for the money to be invested in clean energies,” Petro said in the meeting. “We are against fracking, because fracking is the death of nature, and the death of humanity.”

    “There is no other way for humanity but to stop the path of fossil fuels,” he added. “This is not happening because the oil companies are beating us, because we are afraid of them. I am not afraid of them.”

    A VICTORY FOR TRUMP’S ‘FAFO’: HOW THE WHITE HOUSE STRONG-ARMED ONE-TIME CLOSE ALLY COLOMBIA OVER IMMIGRATION

    Colombia’s selloff of oil efforts in the U.S. comes after President Donald Trump threatened massive tariffs against the contry. ( Chip Somodevilla/Getty Images / Getty Images)

    The move comes just weeks after Petro backed down to President Donald Trump and allowed the U.S. to move forward with deporting Colombian illegal immigrants out of the U.S. and back to their home country.

    COLOMBIAN LEADER QUICKLY CAVES AFTER TRUMP THREATS, OFFERS PRESIDENTIAL PLANE FOR DEPORTATION FLIGHTS

    In late January, American officials sent two flights of Colombian illegal aliens as part of Trump’s deportation program. Petro rejected the flights, writing that the U.S. cannot “treat Colombian migrants as criminals.”

    Trump struck back immediately, vowing 25% tariffs on all goods from Colombia, a travel ban on Colombian government officials and other steep financial sanctions. He said the tariffs would reach as high as 50% by next week and insisted the migrants being sent back were “illegal criminals.”

    APTOPIX Panama Migrants

    Colombian migrants stand in shackles as they prepare to enter a plane for deportation at the Marcos A. Gelabert de Albrook Airport in Panama City. (AP Photo/Agustin Herrera / AP Images)

    Petro initially retaliated with his own 25% tariffs on Colombian exports into the U.S., insisting he would not accept the return of migrants who were not treated with “dignity and respect” and who had arrived shackled or on military planes.

    But amid intense political pressure from within his own government, the former Marxist guerrilla fighter acquiesced to U.S. demands.

    President Donald Trump takes part in a signing ceremony after his inauguration on Jan. 20, 2025, in the President's Room at the U.S. Capitol in Washington, D.C. Also in attendance are: Senate Majority Leader Sen. John Thune (R-S.D.), Senate Minority Leader Sen. Chuck Schumer (D-N.Y.), Sen. Deb Fischer (R-NE), Sen. Amy Klobuchar (D-MN), Vice President JD Vance, Melania Trump, House Speaker Mike Johnson (R-LA), House Majority Leader Steve Scalise (R-LA) and House Minority Leader Hakeem Jeffries (D-NY).

    President Trump signed dozens of executive orders on his first day in office, and he continues to sign more. (Melina Mara-Pool/Getty Images / Getty Images)

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    The White House confirmed later that weekend that Colombia’s president had caved “to all of President Trump’s terms, including the unrestricted acceptance of all illegal aliens from Colombia returned from the United States, including on U.S. military aircraft, without limitation or delay.”

    Fox News’ Michael Dorgan, the Associated Press and Reuters contributed to this report

  • Fox News AI Newsletter: Another Chinese company flexes AI muscle

    Fox News AI Newsletter: Another Chinese company flexes AI muscle

    Welcome to Fox News’ Artificial Intelligence newsletter with the latest AI technology advancements.

    IN TODAY’S NEWSLETTER:

    – Alibaba touts new AI model it says rivals DeepSeek, OpenAI, Meta’s top offerings
    – DeepSeek is the newest front in the AI competition between the US and China
    – DeepSeek fallout: GOP Sen Josh Hawley seeks to cut off all US-China collaboration on AI development

    People visit Alibaba booth during the 2022 World Artificial Intelligence Conference at the Shanghai World Expo Center on Sept. 3, 2022, in Shanghai, China.  (VCG/VCG via Getty Images)

    HEATING UP: Chinese tech giant Alibaba is flexing its muscles in the global race for artificial intelligence dominance, claiming the latest version of its Qwen 2.5 can take on the top models from rivals both foreign and domestic.

    NEWEST FRONT: OPINION: DeepSeek’s release of a high-profile new AI model underscores a point we at OpenAI have been making for quite some time: the U.S. is in a competition with the Chinese Communist Party that will determine whether democratic AI wins over the Chinese Communist Party’s authoritarian version of the technology. The U.S. must come out on top – and the stakes could not be higher.

    Josh Hawley speaks

    Sen. Josh Hawley. (C-SPAN)

    DEEPSEEK DANGER: This week the U.S. tech sector was routed by the Chinese launch of DeepSeek, and Sen. Josh Hawley, R-Mo., is putting forth legislation to prevent that from happening again.

    ‘NEXT WEAPON’: Ask Sage founder Nicolas Chaillan addresses the emergence of the Chinese A.I. app DeepSeek, its threat to American A.I. dominance and his skepticism over the model.

    REAL-LIFE TETRIS: In a groundbreaking development for warehouse automation, Ambi Robotics just launched AmbiStack, a multipurpose robotic system that promises to transform the way items are stacked onto pallets and into containers.

    warehouse robot 1

    AmbiStack  (Ambi Robotics)

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    Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future with Fox News here.

  • RFK Jr grilled by Warren over drug company money, while she took  million from them

    RFK Jr grilled by Warren over drug company money, while she took $5 million from them

    Sen. Elizabeth Warren, D-Mass., pressed Robert F. Kennedy Jr. to make commitments that he would not seek to profit off of drug companies or lawsuits related to them after working in the Trump administration, if he is confirmed as Health and Human Services (HHS) secretary.  

    However, the Massachusetts Democrat herself raked in roughly $5 million from the health industry during her presidential bid in 2020. 

    “Will you commit that when you leave this job, you will not accept compensation from a drug company, a medical device company, a hospital system, or a health insurer for at least four years, including as a lobbyist or a board member?” Warren asked Kennedy during his hearing before the Senate Finance Committee on Wednesday. 

    ‘OVERDOSE EPIDEMIC’: BIPARTISAN SENATORS TARGET FENTANYL CLASSIFICATION AS LAPSE APPROACHES

    Sen. Elizabeth Warren questioned Robert F. Kennedy Jr. about taking money from drug companies or lawsuits. (Reuters)

    “I’m happy to commit to that,” President Trump’s nominee for secretary of HHS told her. “I don’t think any of them want to give me money, by the way.”

    Warren continued, asking Kennedy to promise he would not “take any compensation from any lawsuits against drug companies while you are secretary and for four years afterward” either. 

    “You won’t go to work for a drug company after you leave HHS, but you and I both know there’s another way to make money,” the senator told him. 

    TENSION BUILDS AROUND TULSI GABBARD’S CONFIRMATION WITH KEY GOP SENATORS UNDECIDED

    RFK Jr

    Robert F. Kennedy Jr., President Donald Trump’s nominee for secretary of Health and Human Services, returns to his seat following a break during his Senate Finance Committee confirmation hearing at the Dirksen Senate Office Building on Jan. 29, 2025 (Anna Moneymaker/Getty Images / Getty Images)

    Kennedy pushed back on this, suggesting, “You’re asking me to not sue drug companies,” which he said he would not agree to. 

    Despite requesting these assurances from Trump’s HHS nominee, Warren notably received about $5 million from the healthcare sector and associated industries during her failed presidential bid. 

    SCOOP: KEY GOP SENATOR WHO HESITATED ON PETE HEGSETH PUSHES KASH PATEL FOR FBI

    Stethoscope and pen in doctor robe pocket.

    Robert F. Kennedy Jr. said he did not think drug companies would want to give him money. (IStock / iStock)

    She was given $2,366,613 by health professionals, $1,600,888 by hospitals and nursing homes, $644,499 from miscellaneous health industries and $625,580 from the pharmaceuticals and health products industry, according to OpenSecrets.

    Her office did not provide comment to Fox News Digital in time for publication. 

    ‘SQUEEZED BY RISING COSTS’: DEMOCRAT JACKY ROSEN LEADS BIPARTISAN BILL TO ADDRESS CHILDCARE AFFORDABILITY

    Senator Elizabeth Warren

    Sen. Elizabeth Warren took more than $5 million from the health industry. (Al Drago/Bloomberg via Getty Images / Getty Images)

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    Warren is not the only senator who has taken significant contributions from these industries. Sen. Tim Kaine, D-Va., received more than $200,000 during the 2024 election cycle and Sen. Patty Murray, D-Wash., took upwards of $360,000 in 2022. They are both members of the Senate Committee on Health, Education, Labor and Pensions. 

  • Trump Media shares surge after company expands into financial services

    Trump Media shares surge after company expands into financial services

    Shares of Trump Media, the parent of social media app Truth Social, surged on Tuesday after announcing plans to expand into financial services.

    The company’s stock climbed as much as 17% in premarket trading on the news.

    Trump Media said in a press release that its board approved an investment of up to $250 million to be custodied by Charles Schwab.

    “We look forward to launching Truth.Fi, introducing TMTG’s investment vehicles, and unlocking synergies,” said TMTG CEO Devin Nunes. “Truth.Fi is a natural expansion of the Truth Social movement. We began by creating a free-speech social media platform, added an ultra-fast TV streaming service, and now we’re moving into investment products and decentralized finance.”

    Ticker Security Last Change Change %
    DJT TRUMP MEDIA & TECHNOLOGY GROUP CORP 30.04 +0.51 +1.71%

    “Developing American First investment vehicles is another step toward our goal of creating a robust ecosystem through which American patriots can protect themselves from the ever-present threat of cancellation, censorship, debanking, and privacy violations committed by Big Tech and woke corporations,” he added.

    The Sarasota, Florida-based company said it plans to allocate these funds into various investment options, including exchange-traded funds, separately managed accounts, Bitcoin, and other similar cryptocurrencies.

    Reuters contributed to this report.

  • Costco teamster workers set to strike this week as company embroiled in DEI controversy

    Costco teamster workers set to strike this week as company embroiled in DEI controversy

    As Costco finds itself embroiled in a public battle over its controversial DEI policies, a much larger fight is looming with 18,000 store employees set to head to the picket lines if the grocery chain can’t agree to a new contract by Friday.

    “If Costco actually respects its employees, it will give our 18,000 members the wages, benefits and work rules that they have been demanding for months,” a Teamsters spokesperson told Fox News Digital. 

    The grocery wholesaler, who has long held a pro-worker image, has been locked in a protracted battle with the Teamsters Union, which represents 18,000 of Costco’s 219,000 U.S. worker base. The Teamsters are accusing the grocery club of not sharing its record $7.4 billion profits with its workers. The Teamsters have accused Costco of engaging in “illegal and reckless behavior” including kicking union reps out of stores, preventing employees from wearing Teamster buttons and changing the locks on union bulletin boards.

    STATE AGS WARN RETAIL GIANT COSTCO FOR DOUBLING DOWN ON ‘DISCRIMINATORY’ DEI

    Around 18,000 Costco workers may go on strike Friday.  (Lindsey Nicholson/UCG/Universal Images Group via Getty Images / Getty Images)

    Talks finally broke down in January when Costco refused to reach a card check agreement. Card check is a process that would make it easier for workers to join unions by eliminating secret ballots. Eighty-five percent of Costco’s unionized employees voted to authorize a strike. The strike would affect 50 stores across the US in New York, New Jersey, Virginia and Washington. 

    As the Costco board voted overwhelmingly to reject an anti-DEI measure brought by activist investors at their shareholders meeting last Friday, workers rallied just outside their Washington offices – signaling the real fight was yet to come.

    “Costco has two choices: respect the workers who made them a success or face a national strike. Costco Teamsters deserve an industry-leading contract that reflects the company’s massive profits. If Costco thinks they can exploit our members while raking in billions, we’ll shut them down,” Teamsters President Sean O’brien said in a statement.

    WHY AN ACTIVIST INVESTOR SAYS THE BATTLE AGAINST COSTCO DEI REGIME ISN’T OVER

    Costco entrance

    Costco is the first company known to have gone from $0 to $3 billion in sales in fewer than six years. (PATRICK T. FALLON/AFP via Getty Images / Getty Images)

    “What I can tell you is our contract with this company expires at midnight on Friday, and the reason Costco has made so much money over the past few years is its workers,” the Teamsters spokesperson told Fox News Digital. 

    Costco didn’t immediately respond to a request for comment. 

    The potential strike comes as 19 states’ attorneys general called on Costco to drop their DEI policies, writing that the grocery chain must “end all unlawful discrimination imposed by the company through diversity, equity, and inclusion,” in a letter sent to Costco CEO Ron Vachris.

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    When asked if the Teamsters thought that the wholesaler was picking a public fight about DEI to deflect attention away from its labor dispute, their spokesperson told Fox News Digital “I can’t really speculate as to why Costco makes certain decisions.”