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The Latest Breaking News from Starbucks

Starbucks to remove non-dairy surcharge

The change will go into effect on Nov. 7 — the same day as Starbucks' holiday menu launch

Salon

Starbucks' new CEO just delivered what employees and investors have been craving after years of drama and missteps

Brian Niccol is showing the kind of clarity and decisiveness that helped him save Chipotle years ago.

Fortune

Starbucks needs you to rein in highly customized drink orders—'We have some cleanup to do,' CEO Brian Niccol says

Starbucks’ new CEO, Brian Niccol, wants to bring back the chain’s “coffeehouse vibe.”

Fortune

From analysis to the latest developments in health,
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Stop milking it: Starbucks will stop charging extra for non-dairy milk

Requesting nondairy milk is the second most popular drink customization request behind adding a shot of espresso, Starbucks said

The Independent UK

Starbucks ends ‘vegan tax’ on nondairy milk as new CEO overhauls menu in face of customer exodus

Replacing milk with plant-based alternatives is the second most popular customization option, and the move will lead to an effective 10% price cut.

Fortune

Starbucks CEO Says Its Too Hard For Customers To Get A Cup Of Coffee

The new CEO continues to implement new measures such as a 4-minute service goal as part of his global overhaul.

International Business Times

Starbucks CEO Aims For Faster Service, Simpler Menu Offerings

Starbucks' new CEO focuses on faster service, menu simplification, and enhancing customer experience.

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Starbucks Pulls Plug On Olive Oil Coffee After Complaints Of 'Laxative Side Effects'

Starbucks is discontinuing its Oleato line in the North American market but will remain on the menu in some spots

International Business Times

Vaginas in Times Square: birth control has been rebranded, but are women the ones benefiting?

A host of slickly marketed women’s health companies are changing the way life-altering medication is accessed – and commodifying it at the same time

The Guardian - US

Starbucks says workers risk 'separation' if they don’t go into the office at least three days a week while its CEO commutes in via company jet

The coffee company will enforce hybrid rules for corporate employees starting in January.

Fortune

Starbucks tells corporate workers to return to office or risk being fired

Internal note reportedly warns ‘accountability process’ will start next January for company’s hybrid work requirements

The Guardian - US

Africa and our future

There is cause to be optimistic about the growth potential of Africa.

Fortune

Luckin Coffee, the buzzy chain that outsells Starbucks in China, reportedly plans a U.S. expansion

Luckin Coffee was booted off the Nasdaq in 2020 after an accounting scandal. It may be on its way back to the U.S.

Fortune

Trump’s Truth Social is worth almost as much as Elon Musk’s X as Trump Media jumps another 20%

TMTG is now worth about $8.3 billion, not far from the estimated value of Musk's far larger X despite revenue equivalent to the sales of four Starbucks stores.

Fortune

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Barchart

Here’s What to Expect From Starbucks’ Next Earnings Report

With the coffee chain titan, Starbucks, expected to release its fourth-quarter earnings this month, analysts expect a double-digit bottom-line dip.

Fortune

9.5% of CEOs are now 'Supercommuters.' But they tend to underperform—especially if they own a boat or live near a golf course

Boards that want to hire a CEO who refuses to live anywhere near company headquarters should remember they’ll be betting against the odds.

Fortune

EV charging stations could become America’s next ‘third place’ as they partner with grocers and coffee shops

The EV charging experience has little moments scattered throughout when connections can be nurtured and memories can be made.

Fortune

Tesla's earnings surprise sends stock soaring, but tech struggles drag the market down for a third day

Japan's shares dropped and China's floated higher on a day where both countries saw blockbuster IPOs, while investors punished Starbucks, McDonald's and Deutsche Bank in early trading.

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Kiplinger

Stock Market Today: Mixed Earnings, Election Worries Weigh on Equities

A mixed batch of corporate reports and rising election anxiety led to another down day for stocks.

Kiplinger

What Starbucks' Latest Dividend Hike Means for Investors

Starbucks disclosed preliminary Q4 results and suspended its full-year guidance, but also extended its long history of dividend hikes. Here's what you need to know.

The Guardian - UK

The new Starbucks boss is serving up froth and platitudes

Brian Niccol’s syrupy praise for store workers does not impress. He should focus on the hard problem of rising prices

Barchart

Stocks Edge Lower on Higher Bond Yields and Negative Corporate News

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.68%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.45%. Stocks today are moderately lower, with the Dow Jones Industrials falling...

Kiplinger

Seven Stocks I Have Faith In

These companies have faced setbacks, but I'm confident their stock prices will flourish once again.

The Guardian - UK

New Starbucks boss to shake up ‘overly complex’ menu to win back customers

Brian Niccol aims to turn around coffee chain, which has reported falling sales, revenue and profits

Evening Standard

Starbucks in huge shake-up after biggest fall in sales since the pandemic

Financial results revealed like for like store sales dropped by 7% in the fourth quarter to September compared with 2023.

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