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Benzinga
Benzinga
Business
Shivani Kumaresan

Starbucks Includes Abortion Travel Coverage To US Health Benefits: Reuters

Nasdaq United States SBUX Microsoft Microsoft Corp Starbucks Corp Wikimedia Commons
  • Starbucks Corp (NASDAQ:SBUX) will reimburse U.S. employees if they must travel more than 100 miles from their homes to obtain an abortion, Reuters reported.
  • The decision was communicated by the company through a memo to its employees.
  • The coffee chain joins the likes of Amazon.Com, Inc. (NASDAQ:AMZN) and Microsoft Corp (NASDAQ:MSFT) to offer the benefit.
  • The issue gained urgency after a leaked draft opinion from the U.S. Supreme Court showing that a conservative majority of justices supported overturning the Roe v. Wade decision that legalized abortion, the report specified.
  • The benefit also applies to the dependents of employees, Reuters report cited the memo.
  • Price Action: SBUX shares are trading lower by 3.49% at $72.98 on the last check Monday.
  • Photo Via Wikimedia Commons
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