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Starbucks Beats Profit Estimates Despite Hit To China Business

Starbucks Corp beat Wall Street estimates for quarterly profit on Tuesday as higher prices and strong demand for its coffees in the United States...

Starbucks' Schultz To Remain Interim CEO Until March 2023

Starbucks Corp said on Monday that Howard Schultz would remain the coffee chain's interim chief executive officer until the end of March.

Oprah-backed Oatly Raises $1.4bn In IPO

Swedish vegan milk maker Oatly Group AB, which counts celebrities Oprah Winfrey and Natalie Portman among its backers, raised $1.4 billion in its...

Starbucks Stops Customers Using Own Cups In Bid To Contain Coronavirus

The world's largest coffee chain Starbucks Corp has stopped accepting reusable cups from customers to prevent the spread of coronavirus, though it will sti...

Starbucks Plans Changes To Company Structure, Layoffs

Starbucks Corp is planning an organizational restructuring including leadership changes, according to a memo from its Chief Executive Officer Kevin Johnson...

Starbucks Reports Cooling Quarterly Growth And Pares Outlook

Starbucks Corp forecast slower growth for the current fiscal year on Thursday as boutique coffee chains and fast-food retailers won business in the United...