Former Starbucks CEO Howard Schultz is lining up against a potential settlement between the coffee giant and activist investor Elliott Investment Management, the Financial Times reported.

Starbucks faces internal conflict as Howard Schultz opposes Elliott settlement

Mercedes-Benz has announced a strategic partnership with Starbucks to install fast-charging stations at over 100 locations across the United States. This collaboration aims to provide convenient and accessible electric vehicle (EV) charging solutions to customers.

Mercedes-Benz and Starbucks team up to revolutionise EV charging in the U.S.

Starbucks wins Supreme Court battle over rehiring fired workers On Thursday, the United States Supreme Court ruled in favour of Starbucks in a major labour case, overturning a lower court's order to restore seven Memphis employees who were fired while attempting to unionise.

US Supreme Court sides with Starbucks in Memphis Unionisation case

Starbucks is facing severe competition in China as low-cost rivals lose their market share, putting the coffee giant into a pricing conflict it wants to avoid. Starbucks is facing rising investor pressure as sales in its two main regions, the United States and China, fall.

Starbucks faces intensifying competition in China amid price war fears

Starbucks has announced a downward revision of its annual sales forecast following a dip in same-store sales, marking its first decline in nearly three years. The company's struggles are particularly pronounced in its two largest markets, the US and China.

Starbucks cuts sales forecast amid slowing demand in key US, China markets

AlShaya Group, the retail giant holding the Starbucks franchise rights in West Asia, is set to lay off more than 2,000 employees as a consequence of dwindling consumer support stemming from the Gaza war-related boycotts.

Starbucks West Asia franchise AlShaya to cut thousands of jobs amid boycott fallout

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Google reverses course: Relists Indian apps amid government criticism In a U-turn, Google announced its decision to reinstate Indian apps it had removed due to a billing dispute, marking a shift in stance following backlash from the Indian government and local internet startups.

WION Business Wrap | Google relists Indian apps, Air India-Vistara merger, Starbucks to cut jobs and more

Starbucks' new coffee brew is infused with extra-virgin olive oil. Some users have complained about the laxative effect of the drink. Molly Gambhir tells you more.

Gravitas | Starbucks' new brew infused with olive oil and backlash

Here, we bring you the news that is trending across WION's social media platforms- An acclaimed Turkish TV news anchor, Meltem Gunay, was terminated from her job for featuring a Starbucks cup on her desk during a broadcast. Notably, in the Muslim-majority country, the American coffeehouse chain is believed to be pro-Israel, a claim that Starbucks has rubbished saying that the protesters are "influenced by misrepresentation".

TV news anchor sacked in Turkey for using Starbucks cup on broadcast

An acclaimed Turkish TV news anchor, Meltem Gunay, was terminated from her job for featuring a Starbucks cup on her desk during a broadcast. Notably, in the Muslim-majority country, the American coffeehouse chain is believed to be pro-Israel, a claim that Starbucks has rubbished saying that the protesters are "influenced by misrepresentation".

A visible Starbucks cup during news broadcast led to a Turkish TV anchor being sacked. Here's why

Starbucks faced an unexpected jolt as workers from various locations staged a walkout during the much-anticipated red cup day. Starbucks, despite stating that most stores remained open, acknowledged a strike in a few dozen locations. the protest unfolded during what is typically one of the busiest promotional events for the company.

Starbucks faces strike amid red cup day promotional event | World Business Watch

Starbucks employees at hundreds of stores across the United States walked off their jobs on Red Cup Day, which is a key promotional event for the coffee giant. The Workers United, representing over 9,000 Starbucks employees at approximately 360 U.

Starbucks employees walkout on Red Cup Day, demand improved conditions 

Malaysians are increasingly boycotting Western companies who voiced their support for Israel in its ongoing war against Hamas. The Muslim-majority nation has held large rallies in favour of Palestine, with the last week being dubbed as Palestine Solidarity Week.

Malaysians boycotting McDonalds, Burger King over support to Israel, Palestine responds

Starbucks is setting its sights on expansion and cost savings as the renowned coffee chain aims to solidify its position in the global market. During the company's "Reinvention Update and Holiday Launch" conference on Friday, Starbucks CEO Laxman Narasimhan announced an ambitious plan to increase the brand's global store count to 55,000 by the year 2030.

Starbucks unveils ambitious growth plans and cost-saving initiatives. Here are the details  

A former Starbucks worker has caused quite a buzz on social media by spilling the beans about the coffee chain's secret recipes. The images clicked by the sacked barista are going viral on the social media platform X, formerly Twitter.

US: Fired Starbucks employee leaks secret coffee recipes online in vengeance

Beginning with a single shop in 1971 in downtown Seattle, Starbucks has transformed into a well-established global brand and a leading coffee giant. With over 33,000 coffee shops, Starbucks came to life with the vision of its three founders, Jerry Baldwin, Gordon Bowker and Zev Siegel, who named it after “Starbuk”, the first mate in the classic novel ‘Moby Dick’, authored by Herman Melville.

Flashback Friday: Tracing the success of coffee giant Starbucks 

Starbucks on Tuesday released its latest quarterly earnings, impressively surpassing analysts' earnings expectations. However, the company faced a slight setback in same-store sales, falling short of Wall Street's target at 10 per cent instead of the anticipated 11 per cent.

Starbucks misses quarterly sales targets, expects sustained rebound in China

About 150 unionised Starbucks stores in the United States will be going on strike on Friday as workers express their dissatisfaction with the coffee chain's policy regarding Pride decorations in stores.

Starbucks workers at 150 stores in the US to strike over Pride decor

Ahead of World Refugee Day dozens of multinational companies have vowed to hire refugees from across Europe including more than 13,000 refugees from Ukraine over the next three years, on Monday (June 18).

Dozens of big companies vow to hire, train over 250,000 refugees from across Europe

In Pics | Five coffee chains better than Starbucks

The latest ad campaign of coffee giant Starbucks on transgenders triggered a controversy as many users called it a promotion of the “Woke culture” and the hashtag “Boycott Starbucks” trended on Twitter.

'It Starts With Your Name' | 'Boycott Starbucks' trends over coffee giant's viral transgender ad

Indian are calling to boycott Starbucks over its advertisement promoting transgender acceptance and inclusivity. Netizens say the western corporation is preaching to Indian society. Many have labelled it too woke and extremist American gender ideology.

Gravitas: Why are Indians calling to boycott Starbucks

US coffeehouse chain Starbucks recorded a revenue of over 1,000 crore rupees or over 130 million US dollars in India in the last fiscal, which ended in march 2023. That's a milestone for Starbucks in India.

Starbucks' record revenue in India

We have all dreamed of having bosses who will join us and work alongside us, but alas, not everyone is that lucky. However, the new Starbucks boss, Laxman Narasimhan, will do just that.

Starbucks' new CEO Laxman Narasimhan says will work as a Barista

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