kate moody joins us. ceo of starbucks is in hot water as he faces accusations of unionbusting. >> labor unions have largely lost their luster in the united states over the last 50 years or so. just about 11 percent of american workers are represented at the moment. a growing number of starbucks employees, though, have voted to form unions in recent months. nearly 300 of its american branches. starbucks has yet to reach a contract agreement with any of its locations that have voted to unionize. the coffee chain's ceo faced sharp criticism from senator bernie sanders, an outspoken champion of labor rights, in a long-awaited showdown on capitol hill. >> do you understand that in america, workers have a fundamental right to join a union and collectively bargain to improve wages, benefits, and working conditions? do you understand that? >> i understand and we respect the right of every partner who wears a green apron, if they choose to join a union or not. >> will you make a promise to this committee that you

. >> are business editor kate moody. that is it from us.ill be back at the bottom of the hour for the top stories. ♪ ♪ >> they sleep longer and sleep better. it is very nice to get the fresh air all day long. >> [speaking danish] ♪ >> [speaking danish] ♪ >> france 24. your window on the world. ♪ >> want to know? find out here. >> learn to tell what is true from wt is fakon social networks. >> identify the false rumors in european news stories. >> every day we bring you information that is verified and put into context. >> france 24 is news you can rely on. every day across all platforms. ♪ ♪ ÑtÑf?o■ñ ■#■#■#■■ 03/14/23 03/14/23 [captioning made possible by democracy now!] amy: from new york, this is democracy now! pres. biden: the bottom line is this, americans can rest assured our banking system is safe. your deposits are safe. amy: president biden is defending the stability of the banking system after the second and third largest failures in the nation's history. we will look at how executives at the now collapsed silicon valley bank and s

kate moody has joined us for business. good evening to you. pean union loosening its own rules on state aid in order to compete with subsidies in the u.s. of a. kate: this is part of the brewing transatlantic standoff we have talked about overinvestment clean tech projects. the u.s. approved nearly 370 billion dollars worth of subsidies for companies in buildings like solar panels, wind turbines, and electric batteries. some european businesses, most recently volkswagen, are increasingly tempted to direct business to the u.s. in ordero benefit from the pn. the eu'swn clean tech industrial plan appears to be taking too long to make a difference. the eu will start allowing member states to offer more leeway for cash and tax breaks as well as streamline the process so aid can be delivered faster within weeks. a statement from the eu antitrust commissioner says under those temporary changes, member states will also be able to match aid that is offered by a third country under certain conditions. european commission president urszula von der leyen i