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The Latest Breaking News from Starbucks

Why JPMorgan Upgrades Starbucks After Stock Underperformance

Starbucks Corporation’s (NASDAQ: SBUX) stock has "underperformed our low expectations” since December 2021, which includes the announcement of the company’s fiscal first-quarter earnings in February, according to JPMorgan.

Benzinga

Starbucks to be led by Howard Schultz again as US workers push to unionize

Schultz will be CEO of coffee chain for a third time, while workers across 27 states petition to hold unionization votes

The Guardian - US

Why Are Starbucks Shares Trading Higher?

Starbucks Corp (NASDAQ: SBUX) shares are trading higher Wednesday after JPMorgan analyst John Ivankoe upgraded the stock from a Neutral rating to an Overweight rating and announced a $101 price target.

Benzinga

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Starbucks to phase out paper cups, moving to reusable options

Some programs could involve paying a deposit for a cup customers will return after use. Disposable lids and cups produce 40% of Starbucks’s packaging waste.

Chicago Sun-Times

Starbucks CEO Kevin Johnson Announces Retirement; Founder Howard Schultz To Return In Interim Role

After 13 years at Starbucks Corp (NASDAQ: SBUX) and five years at the helm of the company, CEO Kevin Johnson has announced his retirement.

Benzinga

Starbucks CEO to retire; founder Schultz to be interim chief

Starbucks President and CEO Kevin Johnson said Wednesday he will retire next month, and former CEO and company founder Howard Schultz will replace him on an interim basis

The Independent UK

US unions see unusually promising moment amid wave of victories

Labor strategists hope wins will turn into a larger trend but acknowledge it won’t be easy as corporations fight fiercely against unionization

The Guardian - US

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Starbucks retaliated against pro-union staff, NLRB alleges

Starbucks Corp. violated federal labor law by putting union supporters under surveillance and retaliating against them, U.S. labor board prosecutors alleged in a complaint filed on Tuesday.

Tribune News Service

Starbucks reveals new plans to eliminate single-use cups, encouraging reusable ones

The company plans to completely eliminate single-use cups by 2025

The Independent UK

Ex-Starbucks barista shares little-known tips - including cup name trick and free food

A former Starbucks barista has spilled the coffee beans on what he claims to be some of the chain's best kept secrets - and there are disappointments in store for some customers

Daily Mirror

Volvo And Starbucks Announce New EV Fast Charging Network

Up to 60 chargers at 15 Starbucks locations.

Motor1

Starbucks quiere hacer sus tiendas más inclusivas para 2030

Conforme Starbucks busca ampliar su cartera de locales, los datos son su recurso.

Tribune News Service

Starbucks pledges to make its stores more inclusive by 2030

As Starbucks looks to expand its store portfolio, it's turning to data.

Tribune News Service

Starbucks workers score more union wins

The nation’s baristas are serving up election victories alongside brown sugar lattes

Salon

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Benzinga

Starbucks Grinds Lower Amid Russia-Ukraine War: When Will The Stock Bounce?

On Sunday evening, Benzinga asked its followers on Twitter what they were buying at the open on Monday. From the replies, Benzinga selected one ticker for technical analysis. William Muscato @wmuscato is buying Starbucks Corporation (NASDAQ: SBUX).

Benzinga

Why Starbucks, Shake Shack And Dutch Bros Shares Are Falling

Shares of several companies in the restaurants and leisure sector, including Starbucks Corporation (NASDAQ: SBUX), Shake Shack Inc (NYSE: SHAK) and Dutch Bros Inc (NYSE:

Salon

Big food brands sever ties with Russia

The corporate exodus from Russia is growing by the day as outrage mounts over increasing civilian carnage

Liverpool Echo

Plans for Starbucks drive through next to historic pier approved

As well as a drive through, it will include a cafe and outdoor seating area

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The Independent UK

Starbucks workers at 3 more NY stores vote to unionize

Employees at three more Starbucks stores in suburban Buffalo have voted to form unions

Benzinga

Luckin Coffee Nears Major Milestone with Imminent Emergence From Bankruptcy

Key Takeaways:

Evening Standard

Universal Music Group joins McDonald’s and Starbucks in suspending operations in Russia over Ukraine

World’s biggest music label joins string of major corporations in suspending operations in Russia

The Independent UK

Heineken and Imperial Brands latest to halt Russian operations

Coca-Cola, Starbucks and McDonald’s said on Tuesday they were all suspending operations in Russia amid a growing consumer backlash.

Asharq Al-Awsat

McDonald's, Coca-Cola Join US Firms Halting Russia Operations

McDonald's, Coca-Cola and Starbucks on Tuesday bowed to public pressure and suspended their operations in Russia, joining the international corporate chorus of outrage over Moscow's invasion of Ukraine. Several of these companies, symbols of American cultural influence in the world, have been the subject of boycott calls on social media…

Dynamite News

McDonald's, Starbucks, PepsiCo, Coca-Cola suspend business in Russia

US beverage giants PepsiCo and Coca-Cola, along with fast food major McDonald's and coffeehouse chain Starbucks all announced on Tuesday that they were temporarily suspending their business in Russia in response to the country's invasion of Ukraine.

Liverpool Echo

Ukraine Russia Invasion: Everything we know from day 13 of fighting

Russian forces have broken their own ceasefire agreements for a third day running

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