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Starbucks

Financing

Starbucks says it is leaving Russia

 By Jonathan Maze on May 24, 2022

The coffee giant joins McDonald’s in pulling up stakes in the country over the war in Ukraine.

Financing

Howard Schultz puts some money into Starbucks

 By Jonathan Maze on May 20, 2022

The Bottom Line: The interim CEO, who did away with company buybacks, has been buying up shares of the company’s stock and now owns 21.8 million shares directly or indirectly.

Workforce

Starbucks will start paying travel expenses for abortions and gender-affirming procedures

By Jonathan Maze on May 16, 2022

The company will reimburse workers if the procedures are not available within 100 miles of where they live.

Workforce

Court is asked to give 7 pro-union Starbucks baristas their jobs back

By Peter Romeo on May 11, 2022

The petition also asks a federal court to order that Starbucks cease and desist a number of tactics for resisting unionization, including intensified scrutiny of employees prior to a union vote.

Financing

International customers flock to U.S. fast-food brands

By Jonathan Maze on May 10, 2022

Despite challenges with omicron, China and Russia’s invasion of the Ukraine, McDonald’s, Burger King, Taco Bell and other brands have seen strong growth in global markets.

Workforce

Labor regulator echoes union's accusations that Starbucks is playing dirty

By Peter Romeo on May 09, 2022

A high-level official has leveled several dozen complaints against the coffee giant for its response to the organizing drive.

Financing

Starbucks takes issue with a White House union meeting

By Jonathan Maze on May 06, 2022

The coffee giant sent a letter expressing concern that it wasn’t invited to tell its side of the story amid an ongoing battle with labor activists.

Financing

Howard Schultz insists his latest Starbucks tenure will be short

By Jonathan Maze on May 04, 2022

The Bottom Line: The interim CEO suggested the company is already talking to candidates and said there is plenty of interest in the job. The position provides an opportunity rare in the restaurant business, but it comes with its own challenges.

Financing

Starbucks is increasing wages and benefits again, but not at union stores

By Jonathan Maze on May 03, 2022

The company says it is making another $200 million in investments, including improvements to productivity and wages, but Interim CEO Howard Schultz says the company legally can’t provide them to union locations.

Workforce

Starbucks says union 'agents' are harassing non-supportive guests and employees

By Peter Romeo on Apr. 28, 2022

The chain has asked federal labor regulators to halt the intimidation as relations between Starbucks and the union continue to sour.

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