The Latest Breaking News from Laxman Narasimhan

Former Starbucks CEO Howard Schultz defended the coffee giant’s labor practices and denied union busting Wednesday in his testimony before a Senate committee chaired by Sen. Bernie Sanders. His appearance, along with his Starbucks coffee cup, came after a lengthy refusal that nearly led to a subpoena vote.

When Howard Schultz returned to be Starbucks CEO for the third time last year, he made it clear he wasn't staying. Last week, he stepped down, handing over the role to Laxman Narasimhan.

Laxman Narasimhan will spend half-day shift each month at one of the company’s 9,000 U.S. coffee shops to stay close to employees and customers.

Laxman Narasimhan, who became Starbucks CEO this week, has a long road ahead with the labor union, which had been at odds with ex-CEO Howard Schultz.

Schultz is slated to testify before Bernie Sanders’s Senate HELP Committee next week

Laxman Narasimhan has taken the helm of the global coffee giant

He passes over to Laxman Narasimhan ahead of schedule.

Fiercely anti-union Schultz stands down two weeks early having agreed to appear before Senate labor panel next week

Investment suggests US-owned cafe chain will keep British arm despite report it was considering sale