The Teamsters Union said a strike at 56 Costco membership club stores across six states was averted, one day after the ...

Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday.

Starting in March, workers at the top of the pay scale will receive a $1 per hour raise to $30.20, followed by additional $1 raises each year for two years.