Starbucks said visitors to the coffee shops would be required to buy something in order to use the restroom or stay in the store, as the company’s new chief executive responded to a decline in sales.
Category: Schultz, Howard D
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Starbucks Faces New Pressure Over Union Campaign
Amid a dissident bid for board seats and boycotts by activists, the company has sent mixed signals about its willingness to engage with labor groups.
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Markets Expect Fed to Raise Rates Despite Bank Turmoil
A ‘shock pause’ by the central bank would spook an already jittery market, one analyst said, even as shares in regional lenders fall.
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Bob Iger Ousts a Marvel Antagonist
The New York Times – Business:Ike Perlmutter, the chairman of Marvel Entertainment who’s had a volatile tenure at Disney, was reportedly among the latest round of job cuts at the entertainment giant.
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Former Starbucks CEO Howard Schultz Spars With Democrats at Senate Hearing
The New York Times – Business:Howard Schultz faced rancor from Senate Democrats at a hearing where he chafed at “propaganda that is floating around” about company labor practices.
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Defending Starbucks, Schultz Spars With Party That Once Embraced Him
The New York Times – Business:Howard Schultz faced rancor from Senate Democrats at a hearing where he chafed at “propaganda that is floating around” about company labor practices.
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No Longer at Starbucks Helm, Howard Schultz Is the Focus at Labor Hearing
The New York Times – Business:After giving up the chief executive’s job (again), Mr. Schultz still casts a long shadow over Starbucks’ policy, not least in fighting unionization.
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Will the Fed Raise Interest Rates During a Banking Crisis?
The New York Times – Business:The central bank’s decision on interest rates on Wednesday is shaping up to be the most consequential of the Jerome Powell era.
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Investors Fear a Recession Spurred by the Fed’s Inflation Fight
The New York Times – Business:Investors were alarmed at suggestions by Jerome Powell, the Federal Reserve’s chairman, that interest rates could go even higher in a bid to halt inflation.
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Bernie Sanders Presses Ahead With Subpoena of Starbucks C.E.O.
The New York Times – Business:The senator has set a Wednesday vote to compel Howard Schultz, the billionaire Starbucks chief executive, to testify in front of the Senate Health, Education, Labor and Pensions Committee.
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Bernie Sanders Presses Ahead With Subpoena of Starbucks C.E.O.
The New York Times – Business:The senator has set a Wednesday vote to compel Howard Schultz, the billionaire Starbucks chief executive, to testify in front of the Senate Health, Education, Labor and Pensions Committee.
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Starbucks Violated Labor Law in Buffalo Union Drive, Judge Rules
The New York Times – Business:The decision cited “egregious and widespread misconduct,” including illegal monitoring and firing of workers. Starbucks signaled that it would appeal.