The Latest Breaking News from Howard Schultz

Starbucks Baristas Are Unionizing, and Even Howard Schultz Can’t Make Them Stop

The return of the company’s longtime CEO hasn’t slowed the workers, who are inspiring activists at Amazon and showing the extent of labor’s new power.

Businessweek · May 12, 2022

Why This Investor Just Doubled Down On Starbucks Stock

Starbucks Corp (NASDAQ: SBUX) shares are making new 52-week lows on Tuesday, and one investor with high conviction in the name just keeps on buying. 

Benzinga · May 10, 2022

Starbucks' caffeinated anti-union efforts may leave a bitter taste – but are they legal?

Good news greeted Starbucks workers on May 3, 2022, in the shape of a promise of new pay increases. But there was a catch: Employees at unionized stores – or those planning to unionize – shouldn’t expect to see a dime of this hike.

The Conversation · May 10, 2022

‘Pure propaganda’: inside Starbucks’ anti-union tactics

In a state where labor culture isn’t strong, a Denver store’s union drive is notable. As soon as it was announced, high-ranking company figures began visiting

The Guardian - US · May 4, 2022

Starbucks says employees getting new benefits, but not at stores that are unionizing

On an investor call, Starbucks interim CEO Howard Schultz said the company was investing $1 billion to raise wages, enhance benefits and modernize stores. But unionized stores won't get some of that.

WEKU · May 4, 2022

Starbucks results trail estimates on higher costs, China woes

Starbucks Corp.’s U.S. operations beat expectations in the coffee chain’s latest quarter, giving interim Chief Executive Officer Howard Schultz a welcome development even as he contends with high inflation and Chinese Covid measures that hurt performance there.

Tribune News Service · May 3, 2022

Why Stephanie Link Is Watching Starbucks And This Stock Down Nearly 30% YTD

Hightower Advisors' Stephanie Link believes we are still in the midst of a bull market. Accordingly, she has identified a couple of stocks well off their highs that she would like to buy on any further weakness. 

Benzinga · May 2, 2022

Why Starbucks has become a huge unionization target — and why the company is in a panic

On April 7, Madison Hall, a barista and union organizer at the Starbucks store on Long Beach's bustling 2nd Street commercial strip, was invited to a session the next day to "meet with and co-create with upper-level management," Hall says.

Los Angeles Times · Apr 25, 2022

Starbucks CEO's union-busting efforts

"Starbucks is getting desperate as it loses this war in battle after battle," said the union

Salon · Apr 23, 2022

Starbucks Appoints Former McDonalds Executive To Drive Technology Changes: Reuters

Starbucks Corp (NASDAQ:SBUX) has appointed Deb Hall Lefevre as Chief Technology Officer, effective May 2, Reuters reported. Lefevre was previously with McDonald's Corp (NYSE:MCD), where he oversaw all aspects of technology for its roughly 14,000 U.S. restaurants. The report noted the move comes as the returning CEO Howard Schultz is mulling changes to the company's…

Benzinga · Apr 22, 2022