Business & Economy: The coffee giant, which is facing mounting pressure from local competitors has reached out to PE firms, technology firms, and others to gauge interest

Starbucks explores stake sale for its China business

Starbucks posted preliminary quarter four (Q4) results that took the Street by surprise on Tuesday afternoon. The company reported quarterly revenue that fell 3 per cent year over year to $9.

Starbucks shares slide as preliminary results reveal decline in sales

In a letter on Tuesday, the new Starbucks CEO Brian Niccol said that he "deeply respects" the right of the coffee chain's workers to choose to be represented by a union and said that he was committed to "engage constructively.

Starbucks CEO Niccol pledges to "engage constructively" with workers' union

Starbucks' newly-appointed CEO Brian Niccol will be supercommuting to the coffee giant's headquarters in Seattle from his residence in California via corporate jet when he takes charge next month.

Starbucks' new CEO to supercommute 1,600 km from California to Seattle for work

Brian Niccol is all set to step into his new role as Starbucks's CEO on September 9. As he takes over the charge, his top priority will be addressing the ongoing glitches in the company's mobile application.

New Starbucks CEO Brian Niccol Must Fix the Chain's Mobile App Problem

Starbucks on Tuesday (August 13) replaced its incumbent CEO Laxman Narasimhan with former Chipotle executive Brian Niccol amid growing scepticism over the global coffee chain's financial health due to declining sales partly attributed to a broader backlash over the company's alleged links to Israel.

Gaza war backlash costing Starbucks? Here's what we know

The internet is rife with speculations that Starbucks' Indian-origin CEO Laxman Narasimhan was fired after he claimed that in order to maintain work-life balance, he never worked past 6 pm.

Not working past 6 pm cost Starbucks CEO Narasimhan his job? Internet speculates

Starbucks on Tuesday (August 13) appointed Chipotle's Brian Niccol as its new chief executive officer, with Laxman Narasimhan stepping down with immediate effect.

Laxman Narasimhan no longer Starbucks CEO; Brian Niccol to lead coffee chain

A strike by unionised Starbucks baristas against the company's alleged anti-union coercion was planned on Wednesday at approximately 100 cafes as they welcomed their new CEO Laxman Narasimhan.

WATCH | Starbucks workers plan 100-cafe strikes, accuse brand of anti-union coercion

Laxman Narasimhan, an executive of Indian origin, joined the expanding club of business leaders with Indian ancestry who are leading major multinational corporations by officially assuming the position of Chief Executive Officer at the global coffee giant Starbucks.

Indian-origin Laxman Narasimhan assumes office as CEO of Starbucks

US Senator Bernie Sanders is continuing to push for Starbucks' interim Chief Executive Officer Howard Schultz to testify at a Senate hearing on the company's compliance with labour law.

Starbucks CEO may have to testify before the US Senate

Joining the long list of corporate behemoths to ask their employees to report in the office, Starbucks is attempting to end the remote work-from-home option. Starbucks CEO Hoard Schultz in a memo released ordered the employees to return to the office at least three days a week starting January 31.

Starbucks orders employees to return to office three days a week

Starbucks on Thursday (September 1) named Indian-born Laxman Narasimhan its next Chief Executive Officer (CEO). Narasimhan currently heads the health and hygiene company Reckitt, from where he announced his departure earlier in the day.

Starbucks taps Indian-born Laxman Narasimhan as its next CEO, Twitter erupts with memes

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