Howard Schultz

Starbucks Corp. (NASDAQ:SBUX) might never have grown beyond six Seattle coffee shops if not for Bill Gates Sr., the towering attorney, who stepped in when Howard Schultz lacked the cash and the clout to buy the company in 1987. What Happened: Schultz, then 33, had 60 days to raise $3.8 million...

Starbucks Corp. (NASDAQ:SBUX) has decided to discontinue its olive oil-infused drinks, known as “Oleato,” from its US and Canada menus. This decision is part of the company’s strategy to simplify its menu, which has been described as “overly complex” by the new CEO,...

Renowned philanthropist and former chairman of Tata Group, Ratan Tata, passed away at the age of 86 on Oct. 9. Tata was admitted to Mumbai’s Breach Candy hospital in a critical condition where he breathed his last. What Happened: Tata was known for his instrumental role in globalizing and...

Jim Cramer shared his thoughts on the recent Starbucks Corp. (NASDAQ:SBUX) CEO change and its implications for traditional investing strategies. What Happened: Cramer the host of CNBC’s “Mad Money,” discussed the recent shift in the Starbucks leadership. He noted that the change...

Starbucks Corporation‘s (NASDAQ:SBUX) new CEO Laxman Narasimhan revealed the company’s updated strategic plan, called the “Triple-Shot Reinvention Strategy,” at a recent investor event in New York. According to Barron’s report, this is the first...

Coffee chain Starbucks Corporation (NASDAQ:SBUX) is set to report fourth-quarter financial results before the market open Thursday. Here are the analyst estimates, commentary and items for investors to watch when the report goes live. Starbucks Earnings Estimates: Analysts expect Starbucks to...

Starbucks Corp (NASDAQ: SBUX) announced on Wednesday that founder and former CEO Howard Schultz is leaving the coffee chain's board effective immediately. The move follows his departure as CEO in March of this year. Reflecting on his 41-year tenure, Schultz thanked the company's ...

Former Starbucks Corporation (NASDAQ:SBUX) CEO Howard Schultz took offense at one particular aspect of his Senate hearing over alleged labor violations on Wednesday — that panel chair Sen. Bernie Sanders (I-Vt.) and other members repeatedly called him “...

Starbucks Corporation (NASDAQ: SBUX) said Monday that Laxman Narasimhan had assumed the role of CEO and will be joining its board of directors. What Happened: Narasimhan, 55, was named the incoming CEO on Sept. 1, 2022. He has spent the last two months learning about Starbucks including earning his...

Mark Cuban has "never been a big San Francisco fan." Those tech bros are "pretentious as f***," the Shark Tank host said on a recent podcast. "I do all I can not to let any of my investments work out of Silicon Valley." Well, almost every investment. Silicon Valley-...

Starbucks Corporation (NASDAQ: SBUX) CEO Howard Schultz could be subpoenaed before a committee led by Sen. Bernie Sanders (I-Vt.) if the latter has his way. What Happened: Sanders wants Schultz to testify on alleged labor violations and has scheduled a vote on March 8 in the Senate Health,...

Starbucks Corporation (NASDAQ: SBUX) said it is launching a “transformational innovation” in the form of coffee infused with a spoonful of cold-pressed extra virgin olive oil. What Happened: The Seattle-based coffee chain said the new line of coffee would be called Oleato and is set to...

Several high-profile executives will be interviewed by Jim Cramer Tuesday night on "Mad Money." Walmart Inc (NYSE: WMT) CEO Doug McMillon will kick off the show in an exchange that's likely to feature fireworks. What To Know: Cramer previewed the show Tuesday...

Starbucks Corp (NASDAQ: SBUX) shares are trading lower in Thursday's after-hours session after the company reported worse-than-expected financial results. What Happened: Starbucks said fiscal first-quarter revenue was up 8% year-over-year to $8.71 billion, which missed ...

Starbucks Corporation (NASDAQ: SBUX) reported fourth-quarter and full fiscal year results after the market close Thursday. Here are the key highlights. What Happened: Starbucks reported fourth-quarter revenue of $8.41 billion, up 3% year-over-year. The revenue total beat a Street estimate of $8.31...