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InterviewBoeing Co
Boeing’s largest union seeks seat on plane maker’s board
...The move by the machinists comes after a labour coalition tried to advance a board slate at Starbucks, where hundreds of coffee shops have unionised in recent years....
March 25, 2024
Israel-Hamas war
Ben & Jerry’s calls for permanent ceasefire in Gaza
...Starbucks has been targeted with a boycott of its coffee shops after a union representing some of its employees, Starbucks Workers United, posted “Solidarity with Palestine!”...
January 16, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
News updates from February 29: US PCE inflation falls to 2.4%, Putin warns of wider conflict over Ukraine
Starbucks wins proxy adviser backing for board candidates
...Starbucks has won support from the influential proxy advisory firm ISS in its fight with the union-backed activist fund that has waged a proxy fight at the coffee company....
February 29, 2024
News in-depthIndian business & finance
India’s brewing coffee battle pits Starbucks against Pret for share of growing market
...The company’s share price is down 80 per cent from a 2018 peak....
January 18, 2024
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
Starbucks wins proxy adviser backing for board candidates
...Starbucks has won support from an influential proxy advisory firm in its fight with the union-backed activist fund that has waged a proxy fight at the coffee company....
February 29, 2024
Starbucks Corp
Starbucks union group ends campaign for three board seats
...A US labour union group has ended a campaign for board seats at Starbucks, citing progress on contract negotiations at the coffee company ahead of its annual shareholder meeting next week....
March 5, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthStarbucks Corp
Customer boycotts leave bitter taste for Starbucks and McDonald’s
...Suggestions for homemade Starbucks alternatives have proliferated across social media after the world’s largest coffee chain was hit by global protests and grassroots boycott campaigns since the start of...
February 9, 2024
LexAgricultural commodities
Soaring coffee prices will squeeze Asia’s café culture Premium content
...Luckin Coffee, China’s answer to Starbucks, has more than 16,000 stores earning sales of $3.5bn last year....
April 1, 2024
Starbucks Corp
Starbucks seeks to break ‘impasse’ in contract talks with union baristas
...Starbucks wants to resume contract talks with the recently formed labour union that represents thousands of the coffee chain’s US baristas, the company said on Friday, aiming to break what it called a months-long...
December 8, 2023
LexStarbucks Corp
Starbucks: consumers still get a buzz from small luxuries Premium content
...Efficiency gains, forecast to be $3bn over the next three years, should give the company room to hit sales and earnings targets. Starbucks’ food offerings provide another hedge against a slowdown....
November 3, 2023
The Big Read
How unions are fighting a boardroom battle at Starbucks
...There is a famous story about Starbucks that is often cited during discussions of governance: at board meetings, there is an empty chair to represent the interests of the coffee giant’s employees....
January 24, 2024
HTSI
The rise of the supervan
...German tuning company Klassen has been modifying both the Mercedes-Benz V-Class and Sprinter vans for more than two decades....
March 31, 2024
News updates from September 14: ECB raises rates to all-time high, Arm shares jump in debut
Howard Schultz steps down from Starbucks board
...Howard Schultz is stepping down from the board of Starbucks with immediate effect, the coffee chain announced on Wednesday....
September 13, 2023
News updates from September 13: Kim Jong Un meets Putin, US inflation higher than expected
Howard Schultz steps down from Starbucks board
...Howard Schultz is stepping down from the board of Starbucks with immediate effect, the coffee chain announced on Wednesday....
September 13, 2023
Western business, the Kremlin and the war
Russian copycats fill market gaps left by western brands
...The social media bio of coffee shop chain Stars Coffee, which supplanted Starbucks, aptly reads “the bucks have left, but the stars remained”....
December 22, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
News updates from January 30: Microsoft posts record revenue, Eurozone economy stagnates in Q4
Starbucks’s international business outpaces US as China sales growth rebounds
...Comparable sales, a key metric for the company, for the coffee chain’s international operations were up 7 per cent from a year ago in the December quarter....
January 30, 2024
Special ReportCircular Economy
Start-ups set out to make coffee more sustainable
...Other companies are starting from the opposite end of the coffee life cycle: with spent grounds....
November 29, 2023
Due Diligence
BofA’s Orwellian return to office tactics Premium content
...But, unlike these hedge funds, the SOC owns a small economic stake in Starbucks worth roughly $16,000. The coffee giant’s market capitalisation is more than $100bn....
January 25, 2024
Live news updates from August 2: Oxy profits plunge 83%, Russian attacks on grain silos push up wheat prices
Starbucks rides China rebound and pricier drinks to record revenue and profit
...Starbucks reported record revenues and profits beat analysts’ expectations in the coffee chain’s latest quarter, helped by higher prices for its beverages and a recovery in the Chinese market....
August 1, 2023
Special ReportWomen in Business
US unions woo female workers on gender pay gaps
...In February, following union-favourable publicity and litigation, the coffee chain agreed to begin contract talks....
March 8, 2024
Live news updates from August 1: US credit rating cut, Trump indicted for attempt to overturn US election
Starbucks rides China rebound and pricier drinks to profit beat and record revenue
...Starbucks reported record revenues and profits beat analysts’ expectations in the coffee chain’s latest quarter, helped by higher prices for its beverages and a recovery in the Chinese market....
August 1, 2023
Transcript
Transcript: Boardroom games
...For the SOC, I think they should have had Wake Up and Smell the Coffee. Ethan WuThat’s good. You should be, they should hire you. Ortenca AliajRight, I should have been doing this campaign....
January 25, 2024
US employment
US labour watchdog attracts enemies from Amazon to SpaceX
...Apart from Trader Joe’s, Starbucks and Amazon have accused Biden’s NLRB of colluding with the unions representing some of workers....
March 14, 2024
News in-depthUK Budget 2024
SMEs eye Budget boost as they battle rising costs and labour shortages
...“I don’t think [the government] are really sitting down and talking to small businesses in any detail about the pressures that we’re facing,” said Julie Gingell, managing director of two pubs and three Starbucks...
March 5, 2024
Cryptofinance
Binance delisting sparks privacy concerns Premium content
...It had once partnered with Starbucks to try to give customers the chance to buy coffee with bitcoin. Needless to say, you still need standard cash or credit to buy a coffee at Starbucks....
February 9, 2024

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