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The Latest Breaking News from Starbucks

Starbucks Stock Buzzes Higher Following Upgrade, CEO Change: Here's How Some Traders Predicted The Spike

Starbucks Corporation (NASDAQ: SBUX) spiked up 8.39% on Wednesday before retracing below the stock’s opening price of about $88.

Benzinga

Starbucks CEO Kevin Johnson to retire in April

Starbucks president and CEO Kevin Johnson is retiring in April after 13 years with the company, including the last five at the helm.

Tribune News Service

Where Starbucks Stands With Analysts

Analysts have provided the following ratings for Starbucks (NASDAQ:SBUX) within the last quarter:

Benzinga

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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

Howard Schultz returns to Starbucks as interim leader, Johnson exits

New York (AFP) - Longtime Starbucks chief Howard Schultz will return to the helm of the global coffee shop chain, the company announced Wednesday, serving as interim CEO during the search for a new leader amid a growing unionization drive.

AFP

Stock Market Holds Big Gains Ahead Of Fed Decision; Big Moves For Starbucks, Regeneron, UnitedHealth

The U.S. stock market reached a plateau at midday but still held substantial gains.

Investors Business Daily

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

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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

Starbucks says Howard Schultz back as interim leader as Johnson exits

New York (AFP) - Starbucks announced Wednesday that longtime chief Howard Schultz will return to lead the global coffee shop chain on an interim basis while the company searches for a new leader amid a growing unionization drive.

AFP

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 Stock Surges As Howard Schultz Returns As Interim CEO; Kevin Johnson To Retire

Howard Schultz, who left Starbucks four years ago, will return as interim CEO following the retirement of current boss Kevin Johnson.

The Street

Starbucks CEO Abruptly Quits; Howard Schultz Back as Interim CEO

Starbucks CEO Kevin Johnson has given his resignation and the chain's founder and former CEO, Howard Schultz, will take over on an interim basis.

The Street

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

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The Guardian - US

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

Tribune News Service

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.

The Independent UK

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

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

The Street

Starbucks Plans to Phase Out a Crucial Menu Item

And it's going to be an inconvenient change for many.

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Daily Mirror

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

Motor1

Volvo And Starbucks Announce New EV Fast Charging Network

Up to 60 chargers at 15 Starbucks locations.

Tribune News Service

Starbucks quiere hacer sus tiendas más inclusivas para 2030

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

The Street

Dunkin' Takes Coffee Someplace It Has Rarely Been (Your Move, Starbucks)

The company continues to try new things (and bring back old ones).

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.

Salon

Starbucks workers score more union wins

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

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).

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