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The Latest Breaking News from Starbucks

Luckin Coffee Nears Major Milestone with Imminent Emergence From Bankruptcy

Key Takeaways:

Benzinga

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

Evening Standard

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.

The Independent UK

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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…

Asharq Al-Awsat

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.

Dynamite News

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

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

Liverpool Echo

McDonald's, Starbucks, Coke, Pepsi join exodus out of Russia

McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric all announced Tuesday they were suspending their business in Russia in response to the country’s invasion of Ukraine

The Independent UK

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Coca-Cola, Starbucks and McDonald’s suspend operations in Russia

The major brands have announced the move in response to the country’s invasion of Ukraine.

The Independent UK

Pepsi, Coca-Cola, McDonald’s, Starbucks, Kraft Heinz, Kellogg’s latest businesses to join exodus from Russia

Dwindling group of companies are still trading after Putin’s invasion of Ukraine

The Independent UK

Starbucks and Coca-Cola become latest big brands to suspend business in Russia

Starbucks and Coca-Cola are the latest big brands to announce they are suspending business operations in Russia as the invasion entered its 13th day.

Evening Standard

Starbucks chief announces a halt of all operations in Russia

Starbucks is the latest US corporation to suspend activities in Russia after the invasion of Ukraine.

Axios

Coca-Cola and Starbucks suspend operations in Russia

Announcements come after many US companies already cut ties

The Independent UK

McDonald’s, Starbucks, Coca-Cola and Pepsi suspend Russian operations

‘Our values mean we cannot ignore the needless human suffering unfolding in Ukraine,’ says burger chain’s chief executive

The Guardian - UK

Coca-Cola and Starbucks join McDonald's in boycotting Russia after backlash

Fast food giant McDonald's has come under fire for continuing to trade in spite of the huge backlash to Vladimir Putin's illegal invasion of Ukraine

Daily Mirror

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Benzinga

Looking At Starbucks's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bullish stance on Starbucks. Looking at options history for Starbucks (NASDAQ:SBUX) we detected 19 strange trades.

Manchester Evening News

McDonald’s, KFC and Starbucks are among companies criticised for not pulling out of Russia

McDonald’s, KFC, Burger King, Coca-Cola, PepsiCo and Starbucks continue to operate in the country

Manchester Evening News

I tried Primark foundation that’s cheaper than a cup of coffee - but I’d rather buy Starbucks

There are better budget beauty brands available on the market for a similar price

The Guardian - UK

Pressure grows on McDonald’s and Coca-Cola to suspend Russia operations

Calls for boycott include other big western food and drink companies such as PepsiCo, KFC, Starbucks and Burger King

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news in one place.

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Caixin Global

Luckin Escapes Liquidation After Striking Debt Restructuring Deal

The erstwhile Starbucks China challenger says a Cayman Islands court had dismissed a petition to wind up the company

Reuters

Big brands and oil ban punish Russia as Moscow makes new pledge on Ukraine refugees

A U.S. ban on imports of Russia's oil ratcheted up punishment for the invasion of Ukraine on Tuesday as McDonald's and Starbucks closed outlets and Moscow promised safe passage for some people to flee.

Tribune News Service

Starbucks workers in Baltimore area join movement to unionize workplace

Starbucks baristas in the Baltimore area have joined a fast-growing national movement to unionize the giant coffee chain shop by shop amid working conditions that they say have worsened during the coronavirus pandemic.

The Independent UK

Starbucks workers take a poll with ‘Kanye West or Pete Davidson’ tip jars

Starbucks weighed in on the ongoing feud by labelling tip jars with their names in a viral video

Manchester Evening News

The budget coffees sold in Home Bargains and Farmfoods that shoppers say 'taste better than Starbucks and Costa'

"These are the nicest ones I've ever had and have tried every iced coffee in every supermarket."

Tribune News Service

What it’s like to visit Las Vegas right now

On a recent Saturday morning in Las Vegas, customers waited as long as a half-hour to get their coffee fix at the Starbucks at the Mandalay Bay resort. By midday there were lines to get into the Louis Vuitton and Gucci stores at the Crystals mall. A queue of about…

Benzinga

Here's How Much $1000 Invested In Starbucks 15 Years Ago Would Be Worth Today

Starbucks (NASDAQ:SBUX) has outperformed the market over the past 15 years by 4.94% on an annualized basis.

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