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The Latest Breaking News from John Culver

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.

Chicago Sun-Times

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.

Bangkok Post

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.

Benzinga

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‘This is about striking fear’: China’s Taiwan drills the new normal, analysts say

Show of force by China has eased off, but observers say it will strike ‘fear and a sense of inevitability in Taiwanese hearts and minds’

The Guardian - UK

Taiwan accuses China of simulating an attack as retaliation for Pelosi visit intensifies

Taiwan accused the Chinese army of simulating an attack on its main island Saturday, as Beijing doubled down on its retaliation for US House Speaker Nancy Pelosi's visit to Taipei after announcing a suspension of cooperation with Washington on key issues.

France 24

US-China relations risk long, deep freeze over Taiwan: experts

Washington (AFP) - The scale of China's military and political response to a visit to Taiwan by the top US lawmaker suggests the latest downturn in relations between the two superpowers could be deep and long-lasting, analysts say.

AFP

Customers boycott Starbucks after coffee chain reverses vaccine mandate for workers

Company cited recent Supreme Court decision to stay a rule requiring employees to either get vaccinated or tested weekly

The Independent UK

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Starbucks Drops Vaccine Mandate In Wake Of Supreme Court Ruling

The coffee chain will now encourage, but not demand, that employees get the vaccine.

The Street

Starbucks ends its vaccine mandate for employees in wake of Supreme Court ruling

‘We respect the court’s ruling and will comply,’ says Starbucks CEO John Culver

People

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