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Markets sink on Omicron fears and a critical setback on the U.S. spending plan.


Starbucks workers celebrated the outcome of the vote to unionize earlier this month in Buffalo.Credit…Lindsay Dedario/ReutersStarbucks on Monday said that it intended to bargain “in good faith” with a Buffalo store where employees voted to unionize this month following a sometimes contentious election campaign.The store is the only one of roughly 9,000 company-owned locations in the United States to have a union, though many locations owned and operated by other companies under licensing agreements with Starbucks have unions.“From the beginning, we’ve been clear in our belief that we do not want a union between us as partners, and that conviction has not changed,” Rossann Williams, the company’s president of retail for North America, said in a letter to U.S. employees on Monday.“However, we have also said that we respect the legal process,” she added. “This means we will bargain in good faith with the union that represents partners in the one Buffalo store that voted in favor of union representation.”Throughout the campaign in Buffalo, which began in late August, union supporters complained that out-of-town officials who converged on their stores, including Ms. Williams, were monitoring and intimidating them. The company said the officials had come to Buffalo to help …

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