The Latest Breaking News from Starbucks

With Starbucks (SBUX) reporting strong quarterly results, the stock seems well-positioned for significant growth, given the company’s strategies for increased investments and elevated store efficiency. Let’s examine its fundamentals to determine whether the stock is a buy this month. Keep reading….

Ms Phillips claimed Starbucks retaliated against Philadelphia-area white managers even if they were not involved in the incident

Jurors in federal court awarded $25.6 million to a former Starbucks regional manager who alleged that she and other white employees were unfairly punished after the arrests of two Black men in 2018.

Starbucks has been ordered to pay tens of millions of dollars to a former regional manager who sued the company for wrongful termination and said she was fired because she is white.

Jurors in federal court in New Jersey have awarded $25.6 million to a former regional Starbucks manager who alleged that she and other white employees were unfairly punished by the coffee chain after the high-profile arrests of two Black men in 2018 at a Philadelphia location

Ms Phillips claimed Starbucks retaliated against Philadelphia-area white managers even if they were not involved in the incident

Buyers of Starbucks operations say they paid £4.7m for assets, despite 2021 revenues ten times that figure

In another chapter of internet therapist speak, experts say the way ‘trauma bonding’ is used is misguided

The company claims there have been no corporate policy changes and stated its ‘unwavering support’ of the LGBTQ+ community