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The Latest Breaking News from Howard Schultz

Bernie Sanders backs Starbucks workers starting three day strike at 100 US stores

CEO Howard Schultz local coffeeshop among those closed as part of action

The Independent UK

At 1st anniversary, Starbucks, union workers face reality check

SEATTLE — Starbucks workers and supporters rallied in major cities across the country Friday to celebrate the anniversary of the first unionized store in Buffalo, New York.

Tribune News Service

Why Starbucks Workers May Not Even Give You a Chance to Tip

Starbucks employees blatantly going against policy to avoid embarrassment.

The Street

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

Will Bunch: Billionaires like Musk, Bankman-Fried didn't save the world. They wrecked it. Let's take it back

After growing up amid upper-middle-class affluence in Silicon Valley as the children of two Stanford Law School professors, as a super-smart kid who got into MIT to study physics, Sam Bankman-Fried decided in those teen years that he wanted to save the world in the worst way.

The Philadelphia Inquirer

Bob Iger joins ranks of 'Boomerang CEOs' with return to Disney

Yet one study suggests companies that bring back old CEOs do worse than firms that hire someone new.

Fortune

Starbucks under pressure to keep restrooms open to public

American Restroom Association is marking World Toilet Day on 19 November by calling on the coffee brand to ‘let the people go!’

The Guardian - US

Starbucks Has a Sneaky Way to Make an Extra $1 Billion

You may be paying more for your Starbucks beverage than the price on the menu.

The Street

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Starbucks reports record sales but lower profits on weak China

New York (AFP) - Starbucks reported record quarterly revenues Thursday behind a strong US performance, but weak China results and increased expenses pinched profits.

AFP

Starbucks Q4 Earnings Highlights: Revenue And EPS Beat, The China Impact And More

Starbucks Corporation (NASDAQ: SBUX) reported fourth-quarter and full fiscal year results after the market close Thursday. Here are the key highlights.

Benzinga

Starbucks Stock Jumps After Q4 Earnings Beat As Solid US Sales Gains Offset China Weakness

“We saw accelerating demand for Starbucks coffee around the world in Q4 and throughout the year,” said interim CEO Howard Schultz.

The Street

Starbucks Earnings Preview: China Growth, US Labor Talks In Focus Amid CEO Laxman Narasimhan Transition

Investors are likely to focus on growth forecasts in China and negotiations with labor leaders in the US as Starbucks published fourth quarter earnings and new CEO Laxman Narasimhan prepares to take the helm.

The Street

Starbucks sued for allegedly ripping off coffee-flavored lip balm idea

Dr. Oz and a lip balm maker walk into a Starbucks. The punchline: A lawsuit is filed.

Tribune News Service

Starbucks workers have unionized at record speed; many fear retaliation now

More than 300 Starbucks stores have held union elections in less than a year, a remarkable feat. But now workers blame "scorched-earth" union busting by Starbucks for a slowdown in the momentum.

WEKU

Starbucks accused of union retaliation

"Their goal is to retaliate against and punish union stores," said Starbucks Workers United

Salon

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Investors Business Daily

Inspirational Quotes: Danica Patrick, Candace Parker And Others

Read inspirational quotes about putting in the effort, tapping experience and aiming high.

Chicago Sun-Times

Starbucks to revamp stores to speed service, boost morale

The company also said it plans to open 2,000 net new stores in the U.S. by 2025, with an emphasis on meeting the growing demand for new types of service, including drive-thru, mobile ordering and delivery.

Bangkok Post

Starbucks Interim CEO Maps Out Rebound for Coffee Chain

Starbucks Corp. interim chief executive Howard Schultz outlined a wide-ranging revamp of the coffee chain on Tuesday, ranging from cafe upgrades to expanded employee benefits, which he said is necessary to put the company on track for a turnaround by 2024.

Benzinga

4 Starbucks Analysts React To Investor Day: 'Attractive Risk-Reward And Valuation'

Starbucks Corporation (NASDAQ: SBUX) shares traded high by 1.2% on Wednesday after the company held its first investor day event since announcing Laxman Narasimhan will be taking over as the new CEO.

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The Street

Starbucks Stock Active Ahead of New CEO Narasimhan's First Investor Day

In-store investments and employee relations will likely be the focus of a key Starbucks investor day, the first under new CEO Laxman Narasimhan.

The Guardian - US

You might think Starbucks is a ‘progressive’ company. You’d be wrong

Rarely in modern history have we seen a company that so exquisitely cultivates an image as a caring, progressive employer while actually acting like a bullying, union-busting gangster

Financial Times

US trade unions: Inside the revival brewing at Starbucks

The grassroots effort to organise workers at the coffee chain has spread to over 200 stores. Can it re-energise the labour movement in the US?

The Guardian - UK

From Slough to Seattle: the challenges facing Starbucks’ new boss

Surprise move to Seattle comes as global coffee chain faces unionisation drive

The Street

Starbucks Names Reckitt Boss Laxman Narasimhan to Replace Howard Schultz As CEO

“Laxman is an inspiring leader with deep, hands-on experience driving strategic transformations at global consumer-facing businesses," said Starbucks.

Dynamite News

Starbucks names Indian-origin Laxman Narasimhan as new CEO

Laxman Narasimhan will join Starbucks on October 1, replacing Howard Schultz, who will continue as interim chief until April 2023. Full story on Dynamite News:

Tribune News Service

Starbucks names Reckitt chief Laxman Narasimhan as next CEO

Starbucks Corp. tapped Laxman Narasimhan, chief executive officer of Reckitt Benckiser Group Plc, as its next CEO, choosing a consumer-industry veteran to chart a new path after the interim tenure of Howard Schultz.

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