Ex-Starbucks CEO Schultz rules out independent 2020 bid
WASHINGTON (AP) — Former Starbucks CEO Howard Schultz says he's no longer considering an independent presidential bid.
Schultz said Friday in a letter posted on his website, "I have...
Former Starbucks CEO takes ‘detour’ from White House run
WASHINGTON (AP) — Former Starbucks CEO Howard Schultz says he's taking a "detour" from a possible independent presidential bid.
The billionaire businessman cites health concerns in a message...
LAS VEGAS (AP) — Former Starbucks CEO Howard Schultz will be in Nevada on Wednesday to speak at a software company's conference in Las Vegas.
Schultz launches Midwest tour, says he’d win with GOP votes
LAWRENCE, Kan. (AP) — Former Starbucks CEO Howard Schultz launched a heartland tour in reliably GOP Kansas on Tuesday, saying he can win the presidential race as an independent candidate by...
SEATTLE (AP) — A Florida woman is suing former Starbucks CEO Howard Schultz after she says she and others on the national do-not-call list got automated text messages promoting his book tour....
The Latest: Candidates push for new Democratic leadership
The Latest on the 2020 campaign season (all times Eastern):
Democratic presidential candidates are making it clear that there are new voices competing for voters'...
Ex-Starbucks executive Schultz slams Trump for Syria pullout
DENVER (AP) — Former Starbucks CEO Howard Schultz on Thursday slammed President Trump's hastily-announced withdrawal of U.S. troops from Syria as he kicked off a Colorado tour while exploring a...
Multiple 2020 Democrats say they won’t attend AIPAC summit
WASHINGTON (AP) — Multiple Democratic presidential candidates said Thursday that they won't attend the American Israel Public Affairs Committee's annual conference in Washington next...
Starbucks CEO sees more stores, faster innovation as key
Starbucks President and CEO Kevin Johnson wants his company to move faster.
In China, Starbucks is opening a store every 15 hours as it tries to stay ahead of cheaper competitors.
SEATTLE (AP) — Former Starbucks CEO Howard Schultz, who is considering an independent bid for president, is apologizing for saying he had likely spent more time with the military than the other...
Howard Schultz offers vision for an independent presidency
MIAMI (AP) — Former Starbucks CEO Howard Schultz on Wednesday offered his vision for what an independent presidency could look like, even though he still hasn't decided whether to enter the White...
Mulling presidential bid, Howard Schultz again fails to vote
SEATTLE (AP) — Former Starbucks CEO Howard Schultz, who has been criticized for having a spotty voting record in his home state, has missed another election as he considers an independent bid for...
Schultz assailed by woman who shared Starbucks arrest video
PHILADELPHIA (AP) — Former Starbucks CEO Howard Schultz acknowledged the manager of one of the company's shops in Philadelphia where two black men were arrested last year might not have called authorities if the two men had been white.
Former Starbucks CEO Schultz blasts Trump in Purdue speech
WEST LAFAYETTE, Ind. (AP) — Former Starbucks CEO Howard Schultz is blasting President Donald Trump as he considers an independent bid to replace him, telling students Thursday at Purdue University that Trump "must not serve a second term."
Ex-Starbucks CEO mulling presidential run to speak at Purdue
WEST LAFAYETTE, Ind. (AP) — Former Starbucks CEO Howard Schultz is making a stop at Purdue University to deliver a speech as he weighs a presidential bid in 2020.
The 65-year-old Seattle billionaire is scheduled to speak Thursday afternoon at Fowler Hall in Purdue's Stewart Center.
Correction: Starbucks Schultz story
DETROIT (AP) — DETROIT (AP) — In a story on Feb. 1 about former Starbucks CEO Howard Schultz considering a run for president, The Associated Press misidentified who was threatening to organize a boycott against the company. It was Neera Tanden, president of the Center for American Progress, not the center itself.
A corrected version of the story is below:
Starbucks faces tricky time as ex-CEO mulls presidential run
Hometown protest and fans greet Schultz as he eyes 2020 bid
SEATTLE (AP) — "Grande ego. Venti mistake": That was the message protesters had for former Starbucks CEO Howard Schultz as he returned to his hometown of Seattle after announcing that he's mulling an independent run for president.
Ex-Starbucks CEO Schultz faces questions in Seattle
Hometown protest greets Schultz as he eyes 2020 bid
SEATTLE (AP) — "Grande ego. Venti mistake": That was the message protesters had for former Starbucks CEO Howard Schultz as he returned to his hometown of Seattle on Thursday after announcing that he's mulling an independent run for president.
Billionaires hit Warren on proposed tax hike on top earners
WASHINGTON (AP) — Sen. Elizabeth Warren seized on criticism Tuesday from two potential presidential rivals who are billionaires to highlight her proposal to raise taxes on top earners.
Bloomberg talks Schultz, taxes in NH
Dems fear Trump re-election if ex-Starbucks CEO Schultz runs
NEW YORK (AP) — Some of the most influential forces in Democratic politics revolted Monday against former Starbucks CEO Howard Schultz's prospective presidential bid, insisting that an independent run would unintentionally help President Donald Trump win another four years in office.
Democrats uneasy about potential Howard Schultz bid
SEATTLE (AP) — For a businessman who grew a small coffee roaster into an inescapable global chain, who ensured that even his part-time workers had benefits and who has given about $150,000 to Democratic campaigns, former Starbucks Chairman Howard Schultz is generating tepid — or even hostile — responses within the party as he weighs a presidential bid in 2020.
Democrats decry Shultz idea to run as independent in 2020
SEATTLE (AP) — The possibility that former Starbucks CEO Howard Schultz might launch an independent run for the presidency is not playing well with Democrats in his home state.
Will espresso-loving Italy embrace country’s 1st Starbucks?
MILAN (AP) — Will the country that gave us espresso embrace the company that gave us grande Frappucinos?
Starbucks is about to find out as it opens its first store in Italy on Friday. Residents of Milan, the city whose coffee bars inspired Howard Schultz's vision for the chain decades ago, have mostly greeted the news with a shrug.
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:
Starbucks Corp., down $1.39 to $55.68
Howard Schultz is stepping down as the coffee chain's executive chairman.
G-III Apparel Group Ltd., up $4.65 to $47.53
The clothing and accessories company raised its annual forecasts after a strong quarter.
Mylan NV, up $1.48 to $39.98
The FDA approved Mylan's version of Amgen's drug Neulasta.
- Business WireFOX News Channel’s Bret Baier and Martha MacCallum to Co-Anchor a Town Hall with Potential 2020 Contender Howard SchultzMarch 19, 2019
- Business WireFOX News Channel’s Bret Baier and Martha MacCallum to Co-Anchor a Town Hall with Potential 2020 Contender Howard SchultzMarch 19, 2019
- Globe NewswireZoom Founder & CEO, Eric S. Yuan, Wins 2018 EY Entrepreneur of the Year® AwardJune 11, 2018
NEW YORK (AP) — Starbucks Corp.'s Howard Schultz is stepping down as executive chairman of the coffee company he helped transform into a global brand, and says public service may be in his future.
Schultz, 64, says he is considering many possibilities. He had endorsed Democratic presidential nominee Hillary Clinton before the last presidential election and had sometimes deflected questions about whether he would run for office.
Starbucks halts brewing so its employees can talk about race
NEW YORK (AP) — Starbucks, mocked three years ago for suggesting employees discuss racial issues with customers, asked workers to talk about race with each other.
Starbucks closes stores, asks workers to talk about race
NEW YORK (AP) — Starbucks, mocked three years ago for suggesting employees discuss racial issues with customers, asked workers Tuesday to talk about race with each other.
NEW YORK (AP) — Starbucks has told employees to let anyone use the restroom, even if they haven't bought anything, as it reviews its policies and tries to restore its reputation after the arrest of two black men at a coffee shop in Philadelphia.
Group demands meeting with mayor, police chief
Philadelphians Organized to Witness, Empower and Rebuild (POWER) marched from the Police Department headquarters to City Hall on Thursday evening, demanding that the city invest $3 million in the police advisory commission and enforce the use of body cameras.
The march follows a set of sit-ins Monday when the group protested the arrest of two Black men at Starbucks at 1801 Spruce St. last week.
POWER marches again, demands meeting with mayor and police commissioner
Philadelphians Organized to Witness, Empower and Rebuild (POWER) marched from the police department headquarters to City Hall Thursday evening, demanding that the city invest $3 million into the police advisory commission and enforce the use of body cameras.
Starbucks arrests: March for police accountability planned, Howard Schultz speaks
Days after Starbucks found itself the center of controversy after two black men were arrested at one of its Philadelphia stores, another top executive is expressing regret while a march is scheduled to take place Thursday in Center City.
By Abha Bhattarai
The Washington Post
After years of trying to win over lunch and dinner crowds, Starbucks is preparing to open its first stand-alone Italian restaurant.
Starbucks has named Rosalind Brewer, the former president and CEO of Walmart subsidiary Sam's Club and one of the most prominent black women business leaders in America, its new chief operating officer and group president.
Brewer left Sam's Club and Walmart earlier this year and was widely expected to land a new gig at another company.
Starbucks chairman questions nation’s ‘moral fiber’
SEATTLE — Starbucks chairman Howard Schultz says the events surrounding a white nationalist rally in Charlottesville, Virginia, last weekend have put the "moral fiber" of the country in question.
Schultz said at an employee forum this week in Seattle that he has "profound concern about the lack of character, morality, humanity," displayed at the rally, according to a recap of the meeting posted Thursday on Starbucks' website.
Starbucks chairman questions country’s ‘moral fiber’
SEATTLE (AP) — Starbucks chairman Howard Schultz says the events surrounding a white nationalist rally in Charlottesville, Virginia, last weekend have put the "moral fiber" of the country in question.
Schultz said at an employee forum in Seattle on Tuesday that he has "profound concern about the lack of character, morality, humanity," displayed at the rally, according to a recap of the meeting posted on Starbucks' website.
Tech companies banishing extremists after Charlottesville
NEW YORK (AP) — It took bloodshed in Charlottesville to get tech companies to do what civil rights groups have been calling for for years: take a firmer stand against accounts used to promote hate and violence. In the wake of the deadly clash last weekend in Virginia, major companies such as Google, Facebook and PayPal are banishing a growing number of extremist groups and individuals for violating service terms.
JAKARTA, Indonesia (AP) — Muslim groups in Malaysia and Indonesia have called for a boycott of Starbucks because of the coffee chain's support for LGBT rights.
Malaysian group Perkasa, which supports a hard-line form of Islam and nationalism, this week called on its more than 500,000 members to stay away from Starbucks coffee shops. This week and last, leaders of Indonesia's second largest mainstream Muslim group, Muhammadiyah, with an estimated 29 million members, denounced the chain.
SEATTLE (AP) — A new survey shows the top paid executive in Washington state last year was the head of Starbucks.
Calculations by The Associated Press and the executive data firm Equilar show Starbucks Corporation CEO Howard Schultz topped the compensation list in Washington state, earning $21.8 million last year.
In the beginning, I heard the word “no.”
I developed a business plan and took it to my alma mater, the University of Houston Small Business Development Center.
I heard no.
I rewrote that business plan three times, and when the time came to seek funding for my new venture, I heard it again.
Heeding the advice from Howard Schultz’s book, “Pour Your Heart Into It: How Starbucks Built a Company One Cup at a Time,” I sought out investors who knew more than I did about starting a business.
Starbucks says Unicorn Frappuccino shows its digital savvy
NEW YORK (AP) — Starbucks is pointing to the Unicorn Frappuccino as an example of its digital savvy, and ability to ride out of its sales slump.
The coffee chain reported disappointing U.S. sales growth for the first three months of the year on Thursday as customer traffic stalled, and it tempered its profit forecast for the year. Its shares fell nearly 5 percent in after-hours trading.
Starbucks CEO stands by pledge to hire refugees
NEW YORK (AP) — Starbucks CEO Howard Schultz presided over his last annual shareholder meeting as head of the company Wednesday by standing by its pledge to hire refugees and expanding on previously announced goals to hire veterans and at-risk youth.
The moves underscored the progressive image Schultz has helped cultivate for Starbucks as he prepares to cede the CEO job next month to Starbucks President Kevin Johnson.
Starbucks CEO says chain ready to enter Italy after 35 years
MILAN (AP) — Starbucks CEO Howard Schultz's vision for the chain was largely inspired by the coffee bars he saw on his first trip to Milan more than three decades ago. But it took the company growing to about 26,000 stores in 75 countries to win the credibility he felt necessary to make the leap into the country that gave espresso to the world.
Starbucks to hire 10,000 refugees over next 5 years
WASHINGTON (AP) — Starbucks says it will hire 10,000 refugees over the next five years, a response to President Donald Trump's indefinite suspension of Syrian refugees and temporary travel bans that apply to six other Muslim-majority nations.
Starbucks says ‘congestion’ in stores crimped sales
NEW YORK (AP) — Not everyone is willing to wait in a line for a Starbucks fix.
The coffee chain reported disappointing sales growth on Thursday and partly blamed the "congestion" in its stores for prompting some people to leave without buying anything. Starbucks said the popularity of its mobile order-and-pay option, which was supposed to make getting a drink easier, has caused bottlenecks at the areas where people pick up their drinks.
Starbucks to boost number of shops, add more food to menu
NEW YORK (AP) — Starbucks, looking to the future as its longtime CEO moves to other projects, plans to open 12,000 new locations within five years to boost its number of coffee shops worldwide by almost 50 percent.
Starbucks: Schultz to step down as CEO, focus on innovation
NEW YORK (AP) — Starbucks Chairman Howard Schultz is stepping down as CEO of the coffee chain he joined more than 30 years ago and transformed into a globally known brand.
Schultz will become executive chairman in April to focus on innovation such as high-end shops and social impact activities, the Seattle-based chain announced Thursday. Kevin Johnson, who was named president and chief operating officer last year, will be chief executive as of April 3.