Tesla, Amazon earnings and Federal Reserve decision top week ahead
The earnings parade rolls on this week as dozens of names including Tesla, Microsoft, Alphabet, Apple, Amazon and Facebook are set to report.
Hundreds of CEOs, corporations unite to oppose 'discriminatory' voting bills
Hundreds of major companies and executive leaders, including Amazon, Google, Netflix and Berkshire Hathaway's Warren Buffett, signed a statement released Wednesday opposing "any discriminatory legislation" that makes it harder for people to vote.
Businesses and philanthropy unite to fight racial wealth gap
The CEOs of Starbucks and Goldman Sachs will join leaders from philanthropy and academia in a new initiative to address the racial wealth gap in the United States.
Starbucks settles EEOC discrimination case, as Eric Holder reviews diversity progress
An annual independent review of Starbucks compiled by former Attorney General Eric Holder praised the coffee chain's commitment to diversity amid the coronavirus pandemic and an election year with widespread protests against racial discrimination.
New Walgreens CEO Roz Brewer will get a nearly $25M signing bonus
Before joining Walgreens, Brewer will finish a three-year stint at Starbucks where she served as the chief operating officer since October 2017 and as a director since March 2017.
Starbucks has big plans to speed up its drive-thrus
The idea is to make the process faster and more efficient, and some major changes may be on the way.
Starbucks notches improved sales, but faces major departure in executive suite
Starbucks said Tuesday that sales were recovering in China in particular even as the pandemic has necessitated continued store closures elsewhere
Walgreens names Starbucks executive Roz Brewer as CEO
Brewer, 59, will replace current Walgreens CEO Stefano Pessina on March 15.
Inauguration protests damage Seattle's Original Starbucks, Amazon Go store
The Pike Place store was established in 1971 as the coffee giant's first location.
Starbucks, Microsoft, Costco to help Washington’s vaccine distribution
Washington is working with private companies based in the state to help accelerate its coronavirus vaccine distribution plan.
Starbucks closes New York City locations amid protest concerns
The decision to close was made at the local level, and was not a corporate mandate.
Starbucks investing $100M in small businesses, community projects
The initiative builds upon the company's earlier efforts to support employees and its communities amid a year marked by a pandemic, subsequent economic recession, environmental disasters and nationwide protests drawing attention to systemic racism and police brutality.
Starbucks launches new honey almond milk cold brew coffee on winter menu
Starbucks' new winter menu features plant-based milk cold brew coffee.
Starbucks suspends happy hour amid coronavirus concerns, hoping to limit crowding in stores
Starbucks has suspended two upcoming happy hour promotions in its U.S. stores as coronavirus cases surge across the country.
Starbucks to raise minimum wage to $15 for US employees over next three years
Big things are brewing at Starbucks.
Starbucks' plans for expansion include 20K additional stores, 'walk-thru’ locations and AI
Starbucks is brewing up big plans for the coming years.
Starbucks to boost pay for all U.S. employees
"For nearly 50 years, Starbucks has been a leader in providing relevant, industry-leading benefits and a total compensation approach that is best-in-class for both part and full-time employees," a Starbucks spokesperson said in a statement. "Continuing in that tradition, this announcement is the next phase of its commitment to ensuring the well-being of partners with one of the most significant investments to hourly pay in the U.S. in the history of the company."
Restaurants defend dining rooms as COVID-19 spreads
From manufacturers to malls, businesses are overhauling their operations to keep operating during a global pandemic. As Covid-19 cases climb again, companies are revisiting their recently developed policies and procedures, and changing them as needed.
Starbucks reveals 2020 holiday drink menu, free cup giveaway
The holidays can’t come early enough this year.
Starbucks shifts from city centers to suburbs to serve COVID-19 diaspora
The closures are apart of a "transformation initiative" that we announced in June, according to the company.