The S&p 500 Is Moving On From Its Big Tech Fixation, But That Could Mean Smaller 3rd-quarter Gains

The Christmas Eve strike on Tuesday was projected to be the largest ever at Starbucks. A strike at Starbucks will expand to over 300 U. S. stores on Tuesday, with more than 5,000 workers expected to walk off the job before the five-day work stoppage ends later on Christmas Eve, the workers’ union said.

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Starbucks baristas shut down the store at LaPorte Avenue and Silhavy Road in Valparaiso at noon on Christmas Eve in an attempt to bring the coffee behemoth to recognize the only unionized store in Valparaiso. It was one of 500 stores staging walkouts nationwide. A seasonal decal on the window of the coffee shop read “Old friends and new traditions.” For the striking baristas, it was a case of new friends and old traditions as union members of several other unions joined them in solidarity on the sidewalk fronting Lincolnway. Steelworkers Local 12775 representing NIPSCO employees, the NIPSCO Clerical Union, and the Indiana State Teachers Association were all in attendance chanting “No contract, no coffee” and “Understaffed and lousy pay, that’s the way your coffee’s made.” Vern Beck, vice president of Steelworkers Local 12775, which represents NIPSCO employees, said he and several other members of his union were out in the cold “because we get help from other unions when we strike so we always try to go out and help.” He recalled people from other unions coming out for a strike in 1980, as well as a march in 1997 from the old Radisson Theater to NIPSCO headquarters.

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Technical issues hampered the airline’s operations on one of the busiest travel days of the year. Holiday travelers flying with American Airlines experienced widespread Christmas Eve disruptions on Tuesday after the Federal Aviation Administration (FAA) announced that the airline had grounded all of its flights nationwide.

A man told authorities he was shot Tuesday morning on CTA property in the Loop, according to the police. The police said the shooting occurred around 9:41 a.m. in the 200 block of North LaSalle Street, where the Clark/Lake “L” station is. The victim, 45, told authorities a “known male offender” shot him, according to the Chicago Police Department. Authorities said the victim was shot three times and was taken to Northwestern Memorial Hospital in critical condition. No other injuries were reported, and the shooter fled the scene, according to authorities. The CTA said on X shortly after the reported shooting that Kimball-bound Brown Line trains and Harlem-bound Green Line trains were running but not stopping at the Clark/Lake station due to police activity.