Financing
Starbucks expects to pay all its workers $15 an hour within three years
The company said 30% of its workers already make more than that, and the rest should make it within “two to three years.”
Leadership
Starbucks names Mellody Hobson non-executive board chair
The co-CEO of Ariel Investments and current vice-chair will take over for Myron Ullman, who will retire from the coffee chain’s board in March.