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The Latest Breaking News from Howard Schultz

Starbucks chairman emeritus Howard Schultz’s advice for young people

The coffee billionaire says there’s value in pursuing the practical before following your dreams.

Fortune

Starbucks' new CEO just delivered what employees and investors have been craving after years of drama and missteps

Brian Niccol is showing the kind of clarity and decisiveness that helped him save Chipotle years ago.

Fortune

Africa and our future

There is cause to be optimistic about the growth potential of Africa.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Starbucks CEO hype has been 'overdone,' Jefferies analysts say in rare downgrade

It’s the first time in over a decade Jeffries has given Starbucks a sell-equivalent rating.

Fortune

New Starbucks CEO lays into overwhelming menus, inconsistent product, and long, hectic waits

On just his second day on the job, the former Chipotle CEO signaled he will initially devote the bulk of his attention to problems in the U.S. operations.

Fortune

Starbucks’ new CEO on the worst advice he ever got: Demonstrate that you can fire somebody

The main qualm Brian Niccol had with his former manager’s recommendation is that it prioritized disciplining employees rather than coaching them.

Fortune

Brewing Trouble: Starbucks Stirs Up 6% Decline as Pricey Lattes and Politics Leave Customers Steamed

Starbucks faces a 6% drop in orders as rising prices and controversial political stances drive customers away, sparking widespread dissatisfaction.

International Business Times UK

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Starbucks welcomes new CEO Brian Niccol with a $113 million payday—and he can work remotely

The coffee giant’s new CEO won’t have to relocate to the corporate headquarters in Seattle, according to his offer letter.

Fortune

Chipotle CEO to take over at Starbucks

Starbucks founder Howard Schultz says Chipotle's Brian Niccol has his "respect and full support"

Salon

Ousted Starbucks CEO will get millions on the way out

The coffee chain hasn’t disclosed outgoing CEO Laxman Narasimhan’s termination agreement, but he has millions on the table to smooth his exit.

Fortune

Starbucks' interim CEO cashed in on $342,000 stock sale the day reshuffle was announced

Ruggeri sold the 3,750 stocks yesterday for $341,850 under a Rule10b5-1 trading agreement, which allows business insiders and executives to trade their shares in a publicly listed company without risk of breaking the law.

Fortune

How the Starbucks board can set its new CEO up for success

Howard Schultz has been a major part of the company for years, whether the board likes it or not.

Fortune

Brian Niccol may well be the messiah Starbucks—and Howard Schultz—have been looking for

Schultz remains the largest shareholder—and he just helped drive out his fourth attempted successor, Laxman Narasimhan.

Fortune

Starbucks shares jump 24% after coffee giant replaces CEO with Chipotle boss

Chipotle sales skyrocketed after Brian Niccol started at the company in 2018

The Independent UK

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Fortune

Starbucks shares jump 20% after company poaches Chipotle CEO

Niccol led a major turnaround at Chipotle after taking the reins in March 2018, overseeing a 770% increase in the company’s stock price.

Fortune

Starbucks just hired Chipotle's savior as their new CEO—will he be able to rescue a company in crisis?

The architect of Chipotle's turnaround is taking on America's most famous coffee company.

The Street

Starbucks CEO gets unexpectedly tossed; analyst resets stock target

Starbucks shares have fallen more than 26% since Laxman Narasimhan was appointed group CEO in March of last year.

Fortune

Howard Schultz, former Starbucks CEO, says Steve Jobs ‘screamed in his face’ telling him to fire his entire leadership team—and he was right

"He looked and me and said: 'You go back to Seattle and you fire everyone on your leadership team.' I thought he was joking."

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news in one place.

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The Independent UK

Finance and business moguls held Zoom with Eric Adams urging him to bring in police on Columbia protesters

A private WhatsApp group of high-profile, powerful financiers, business leaders and CEOs received briefings from Israeli officials, and discussed shaping public dialogue around Israel crisis

Salon

It's been a bad month for Starbucks

"The go-to-market strategy needs to be overhauled and elevated," Schultz commented

International Business Times UK

Ex-Starbucks CEO Tells Execs To Spend Time With 'Those Who Wear Green Apron,' Address Growing Problems in U.S.

Howard Schultz has advised Starbucks senior staff to visit the coffee chain's stores and get a sense of how the customer experience can be improved.

The Street

Ex-Starbucks exec delivers blunt advice to coffee giant

Here's what its former CEO thinks could get Starbucks back on track.

The Guardian - US

Trader Joe’s and Starbucks are helping Elon Musk undermine the US government

SpaceX is trying to kill a federal agency that accused it of labor violations. Ostensibly progressive brands have leaped to join in

Top News

Exploring The Top Entrepreneurs Shaping US Business Today

Explore the transformative impact of visionary entrepreneurs like Elon Musk, Jeff Bezos, and Oprah Winfrey.

The Street

Starbucks has a problem that's bigger than McDonald's

Yes, the coffee chain is facing new competition but that's not why its foot traffic has slowed.

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