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The Latest Breaking News from Howard Schultz

Starbucks CEO says union movement at coffee giant is a sign of ‘much bigger’ social problems—but he admits the company ‘lost its way’

Howard Schultz is currently closing out his third stint as the coffee giant’s chief executive.

Fortune · Feb 22, 2023

Starbucks adds olive oil to coffee in new range

The new recipe was launched in Italy on Wednesday, and will later be sold in Southern California, UK, Middle East and Japan

The Independent UK · Feb 22, 2023

Starbucks launches extra virgin olive oil-infused coffee

Oleato range now on sale in Italy and comes to the US, UK, Japan and Middle East later this year

The Guardian - UK · Feb 22, 2023

From analysis to the latest developments in health,
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Starbucks launches olive oil coffee drinks in Italy with UK launch planned

The new range supposedly has an ‘extraordinary new flavour and texture’

Evening Standard · Feb 22, 2023

How big companies like Tesla and Starbucks are fending off unionization

The public is increasingly pro-labor, but big employers are not shy about aggressively fending off unionization.

Axios · Feb 17, 2023

Starbucks CEO Howard Schultz declines to testify in Sanders' hearing

Starbucks declined to make interim CEO Howard Schultz available to testify before Congress next month, according to a letter sent by Starbucks' general counsel Zabrina Jenkins on Tuesday.

Tribune News Service · Feb 16, 2023

In new role, Sanders demands answers from Starbucks' Schultz

As the new chairman of the Senate committee that oversees health and labor issues, Vermont Sen_ Bernie Sanders says some corporations “should be nervous.”

The Independent UK · Feb 8, 2023

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China’s COVID chaos is showing up in corporate earnings

Both Apple and Starbucks blamed China's COVID lockdowns and record case surge for disappointing earnings.

Fortune · Feb 3, 2023

Bernie Sanders tells Starbucks to stop busting unions in scathing letter to CEO Howard Schultz

Federal authorities have issued dozens of complaints against the retail coffee giant

The Independent UK · Jan 18, 2023

The walls are closing in on corporate employees as major CEOs at Disney and Starbucks demand that workers start returning to the office

The latest missives from high-profile CEOs could point to a major new development in the return-to-office wars.

Fortune · Jan 13, 2023

Starbucks CEO Howard Schultz complains workers ignored his earlier office mandates

Starting Jan. 30, Starbucks employees are expected to be in the office three days a week.

Fortune · Jan 12, 2023

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 · Dec 16, 2022

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 · Dec 12, 2022

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 · Nov 22, 2022

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Fortune · Nov 21, 2022

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.

The Guardian - US · Nov 18, 2022

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!’

Benzinga · Nov 3, 2022

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.

Tribune News Service · Oct 29, 2022

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.

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WEKU · Oct 2, 2022

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.

Salon · Sep 19, 2022

Starbucks accused of union retaliation

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

Chicago Sun-Times · Sep 17, 2022

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 · Sep 14, 2022

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 · Sep 14, 2022

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.

The Guardian - US · Sep 5, 2022

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 · Sep 4, 2022

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?

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