Ex Starbucks CEO to defend union opposition before SenateMarch 29, 2023 GMT
Longtime Starbucks CEO Howard Schultz will face sharp questioning Wednesday when he appears before the Senate Health, Education, Labor and Pensions Committee to defend the company's actions during an ongoing unionizing campaign.
Starbucks’ Schultz agrees to testify before Senate committeeMarch 7, 2023 GMT
Howard Schultz has agreed to appear before a U.S. Senate committee that is examining Starbucks' actions amid an ongoing unionization campaign.
Sen. Bernie Sanders, a Vermont Independent and chairman of the Senate Health, Education, Labor and Pensions Committee, said Tuesday that Schultz has agreed to testify before the committee on March 29.
Labor judge: Starbucks violated worker rights in union fightMarch 2, 2023 GMT
A federal labor judge has ordered Starbucks to reinstate seven fired workers, reopen a shuttered location and stop infringing on workers’ rights after finding that the company violated labor laws “hundreds of times” during a unionization campaign in Buffalo, New York.
Sanders schedules vote to force Starbucks CEO to testifyMarch 1, 2023 GMT
Sen. Bernie Sanders is raising the stakes in his effort to get Starbucks’ interim CEO Howard Schultz to testify at a Senate hearing about an ongoing unionization effort at the company.
Sanders, a Vermont Independent and chairman of the Senate Health, Education, Labor and Pensions Committee, said Wednesday that the committee will vote March 8 on whether to issue a subpoena to Schultz.
Olive oil in coffee? New Starbucks line a curiosity in ItalyMarch 1, 2023 GMT
MILAN (AP) — Putting olive oil in coffee is hardly a tradition in Italy, but that didn't stop Starbucks interim CEO Howard Schultz from launching a series of beverages that do just that in Milan, the city that inspired his coffee house empire.
In new role, Sanders demands answers from Starbucks’ SchultzFebruary 8, 2023 GMT
WASHINGTON (AP) — As Vermont Sen. Bernie Sanders settles into his new role as chairman of the Senate committee that oversees health and labor issues, he says some corporations “should be nervous.” And the longtime liberal crusader’s first target is Howard Schultz, the interim CEO of Starbucks who has aggressively fought his workers’ efforts to unionize.
Starbucks misses sales, revenue estimates as China faltersFebruary 2, 2023 GMT
Starbucks reported lower-than-expected sales in its fiscal first quarter, with COVID store shutdowns in China overshadowing stronger results elsewhere.
Global same-store sales — or sales at stores open at least a year — were up 5% in the October-December period, but that was partly due to higher prices.
Starbucks reports record Q4 revenue despite China declinesNovember 3, 2022 GMT
Pumpkin spice pumped up Starbucks' sales in its fiscal fourth quarter, and the company said it's confident that momentum will carry on into next year.
Starbucks’ revenue rose 3% to a record $8.41 billion in the July-September period.
Starbucks names former PepsiCo executive as new CEOSeptember 1, 2022 GMT
Starbucks has named a longtime PepsiCo executive as its new CEO.
The coffee giant said Thursday that Laxman Narasimhan will join Starbucks on Oct. 1 after relocating from London to Seattle, where Starbucks is based.
Employees at Santa Fe Starbucks store to pursue unionizingAugust 19, 2022 GMT
SANTA FE, N.M. (AP) — Workers at a Santa Fe Starbucks are taking steps to unionize.
The Santa Fe New Mexican reports employees at the location on St.
Starbucks reports record revenue on frothy US demandAugust 2, 2022 GMT
Starbucks on Tuesday reported record revenue in the April-June period, as strong U.S. demand made up for COVID shutdowns in China.
The Seattle-based coffee giant exceeded sales expectations despite continuing store closures and reduced hours in China due to coronavirus measures.
Starbucks reports record Q2 sales, enhances worker benefitsMay 3, 2022 GMT
Starbucks’ sales climbed to record levels in its fiscal second quarter, but its profits took a hit from climbing labor costs.
And those costs are set to grow even higher in the coming months as Starbucks introduces new pay raises and other benefits to improve its employee experience __ and head off a growing unionization movement.
Starbucks halts stock buybacks as Schultz returnsApril 5, 2022 GMT
Longtime Starbucks leader Howard Schultz — who returned to the company as interim CEO on Monday — said his first major action will be suspending Starbucks' share buyback program and plowing those billions of dollars into the company instead.
Seattle Starbucks unionizes in coffee giant’s home cityMarch 22, 2022 GMT
SEATTLE (AP) — Baristas and other employees at a Seattle Starbucks have voted to unionize, the first such vote in the city where Starbucks originated and the latest in a nationwide push to organize the coffee shop chain.
Labor foe Schultz returns as Starbucks union effort growsMarch 20, 2022 GMT
From the time he bought Starbucks in 1987 to the time he stepped down as chairman in 2018, Howard Schultz consistently — and successfully — fought attempts to unionize Starbucks’ U.S. stores and roasting plants.
Starbucks, Jabil rise; NortonLifeLock, Lockheed fallMarch 16, 2022 GMT
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Starbucks Corp., up $4.29 to $87.41.
Former CEO Howard Schultz is returning to lead the coffee chain on an interim basis as Kevin Johnson retires.
Howard Schultz returns to lead Starbucks on interim basisMarch 16, 2022 GMT
Longtime Starbucks CEO Howard Schultz is returning to lead the company on an interim basis after the coffee giant's current chief executive announced his retirement.
Kevin Johnson said he will retire next month after five years as president and CEO and 13 years at Starbucks.
Xi asks Starbucks’ Schultz to help repair US-China tiesJanuary 15, 2021 GMT
BEIJING (AP) — President Xi Jinping is asking former CEO Howard Schultz of Starbucks to help repair U...
Schultz apologizes to Gabbard, Buttigieg for military remarkMarch 14, 2019 GMT
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 candidates.
CPAC straw poll: Biden biggest threat to TrumpMarch 2, 2019 GMT
Conservatives view former Vice President Joseph R. Biden as the "biggest threat" to President Trump in the 2020 election, according to Saturday's Washington Times/CPAC straw poll. Sens. Bernard Sanders and Kamala Harris were a distant second and third.
Hometown protest and fans greet Schultz as he eyes 2020 bidFebruary 1, 2019 GMT
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...
Chicago Tribune: Jittery prospect for Dems: Starbucks’ Schultz for presidentJanuary 30, 2019 GMT
You likely don’t know much about Howard Schultz’s politics, but you know his accomplishment. He built Starbucks into a ubiquitous brand. Can a billionaire barista also build a national political organization and make a serious run for president as an independent candidate?
Howard Schultz rips Sens. Kamala Harris and Elizabeth Warren progressive policiesJanuary 29, 2019 GMT
Howard Schultz, the former Starbucks CEO who may run in 2020 as an independent candidate, criticized the progressive policies promoted by two of the most prominent 2020 Democratic contenders Sens. Elizabeth Warren and Kamala Harris.
Dems fear Trump re-election if ex-Starbucks CEO Schultz runsJanuary 29, 2019 GMT
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 bidJanuary 28, 2019 GMT
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...
Will espresso-loving Italy embrace country’s 1st Starbucks?September 6, 2018 GMT
MILAN (AP) — Will the country that gave us espresso embrace the company that gave us grande Frappucinos...
Starbucks’ Schultz mulling ‘philanthropy to public service’June 4, 2018 GMT
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...
Starbucks closes stores, asks workers to talk about raceMay 30, 2018 GMT
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...
Starbucks chairman questions country’s ‘moral fiber’August 18, 2017 GMT
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...