Howard Schultz news stories on Newser

Number of CEOs Making $50M+ Climbs

Evann Gastaldo — Thu, 22 Mar 2012 08:07:05 CDT

Two more executives last year joined what USA Today calls the "$50 Million Club," the group of executives who—you guessed it—make $50 million or more per year. Annual proxy statements filed this week show that compensation for Occidental Petroleum's Ray Irani was valued at $80.4 million; Gilead...

Our Best Hope for New Jobs: Starbucks

Kevin Spak — Tue, 18 Oct 2011 12:41:21 CDT

When Joe Nocera heard about Starbucks CEO Howard Schultz’s plan to turn Starbucks customers’ donations into job-creating microloans, he had one thought: “God bless him,” he writes in the New York Times . Sure the government should be tackling this jobs problem, “but with an election coming up, nothing of the...

Starbucks Wants You to Pay $5 More for Coffee

Kate Schwartz — Tue, 04 Oct 2011 11:23:29 CDT

Hey Frappuccino drinker, can you spare a fiver? Starbucks is hoping that its customers will begin ponying up an extra $5 beginning next month. No, not because that grande drink now costs $8. Starting Nov. 1, Starbucks will accept donations of $5 or more to its "Jobs for USA" program,...

Starbucks CEO to DC: No Donations for You!

Tim Karan — Mon, 15 Aug 2011 16:29:32 CDT

Maybe he should just refuse coffee to politicians. Starbucks CEO Howard Schultz is pleading to other corporate execs to stop contributing to political campaigns until the president and Congress come up with a realistic way to cut budget deficits, reports Politico . “This is a time for citizenship, not partisanship," he...

Starbucks' Master Plan: Dominate the Grocery Store

Rob Quinn — Thu, 19 Aug 2010 08:38:34 CDT

Starbucks is planning to stay ahead in the increasingly crowded coffee business by blurring the lines between supermarkets and coffee shops. The chain, which has been struggling since its days of rapid expansion ended, plans a major push to get more of its products into grocery stores and more supermarket...

Starbucks Goes Instant

Jason Farago — Tue, 29 Sep 2009 06:59:11 CDT

Following a three-city test run, Starbucks is rolling out its new Via coffee across the country today, offering java-fiends an instant brew that costs less than a buck—and is purported to taste just as good as the real thing. The recession-hit coffee chain is selling the powder in Target...

Starbucks: We're No 'Poster Child for Excess'

Clay Dillow — Thu, 19 Mar 2009 12:21:10 CDT

Starbucks has become a “poster child for excess,” says CEO Howard Shultz, and the traditionally advertising-shy company is planning media blitz to combat that, Advertising Age reports. TV and Internet ads and social-media efforts will attempt to change the "myth out there that there's this $4 cup of coffee at...

UK Minister Rips Starbucks Over Economy Jibe

Jason Farago — Wed, 18 Feb 2009 07:24:04 CST

One of Britain's leading politicians laid into an unlikely adversary yesterday: the head of Starbucks. Company chief Howard Schultz said on CNBC that "the UK is in a spiral" and was causing Starbucks considerable grief, prompting business secretary Peter Mandelson to fire back: "Why should I have this guy running...

I'll Have a No. 2, Please: Starbucks Adds Meal Deals

Jim O'Neill — Mon, 09 Feb 2009 08:56:30 CST

Starbucks is taking a page from McDonald’s book by offering $3.95 drink and breakfast deals it hopes will help reprogram consumers' perceptions of the chain as home of the $4 coffee, reports the Wall Street Journal. "It is a reset of both economic and social behavior,” said CEO Howard...