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Iam

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Apple shuts down its first unionized store as part of retail downsizing
business8 hours ago

Apple shuts down its first unionized store as part of retail downsizing

Apple will close three stores in June, including Towson, Maryland—the first U.S. store to unionize with IAM CORE; the union contract runs through 2027. Apple frames the closures as a response to declining mall traffic and a shift away from mall locations, while IAM contends the move is an attempt to bust the union. Employees at the two other closing stores (Escondido, CA and Trumbull, CT) will be reassigned to nearby locations, and the broader unionization effort has faced pushback in some markets.

DocuSign Soars on Q4 Beat as AI-Driven IAM Expands Revenue Stream
market-news24 days ago

DocuSign Soars on Q4 Beat as AI-Driven IAM Expands Revenue Stream

DocuSign beat Q4 expectations with $837 million in revenue (+8% YoY) and over $1 billion in billings for the first time, aided by its Intelligent Agreement Management (IAM) AI platform now representing about 11% of ARR; free cash flow topped $1 billion for the full year with $350 million in cash generated in Q4, while a new $2 billion buyback boosts total authorization to $2.6 billion. International revenue rose 15%, now 30% of sales. Analysts view a Moderate Buy with a $62.60 12‑month target (roughly 32% upside), and the stock climbed about 1.5% after the report.