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Longtime Starbucks leader Howard Schultz returned to the company as interim CEO Monday By MATT OTT and DEE-ANN DURBIN AP Business Writers April 4, 2022, 6:45 PM • 3 min read Share to FacebookShare to TwitterEmail this article SILVER SPRING, Md. — Longtime Starbucks leader Howard Schultz — who returned to the company as interim […]
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks higher but key Treasury spreads remain inverted Traders on the floor of the NYSE, March 31, 2022. Source: NYSE US stock futures rose modestly Monday, with the tech-heavy Nasdaq looking the strongest. Twitter shares […]
Employees serve customers at a newly opened Starbucks’ Reserve Roasteries in the Meatpacking District on December 14, 2018 in New York City. Spencer Platt | Getty Images Starbucks baristas at its New York City Reserve Roastery voted 46-36 in favor of forming a union on Friday, dealing a blow to incoming interim CEO Howard Schultz […]
Starbucks Barista Gianna Reeve, part of the organizing committee in Buffalo, New York, speaks in support of workers at Seattle Starbucks locations that announced plans to unionize, during a rally at Cal Anderson Park in Seattle, Washington on January 25, 2022. Jason Redmond | AFP | Getty Images Starbucks baristas at a Seattle location on […]
Last November, Howard Schultz traveled to Buffalo, NY, with a message to workers considering forming a union: Starbucks SBUX 2.21% would do the best job looking out for employees’ interests. During an hourlong speech delivered without notes, Mr. Schultz, Starbucks Corp.’s former leader, appealed to employees to work together with management. “Our core purpose and […]
Howard Schultz is returning to lead Starbucks Corp. SBUX 5.16% for a third time, saying the company he helped become the world’s largest coffee chain needs to reinvent itself once more. Mr. Schultz, who built Starbucks from a handful of Seattle-based coffee shops to a global giant before retiring as executive chairman in 2018, will […]
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