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The Latest Breaking News from Starbucks

Starbucks CEO To Commute Weekly Via Corporate Jet

Starbucks' new CEO's use of a corporate jet raises environmental concerns and sparks debate.

Top News

Not even the boss of Starbucks needs to be doing a 1,000-mile commute if they can do the job from home

New Starbucks boss Brian Niccol caused many to spit out their coffee with the news he will commute around 1,000 miles from his home in California to the company’s HQ in Seattle. It’s true that he’ll have the luxury of the company jet for his trips to the office, which…

The Conversation

Starbucks CEO Brian Niccol was a 'messiah' until we found out about his private jet

“The longer this new CEO goes without making a huge impact that's noticeable internally as well as externally, the worse this decision will look."

Fortune

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read the most diverse news in one place.

Top CHROs say people leaders need to take control of AI instead of going on 'autopilot'

Starbucks and EY executives agree leaders should be proactive in combating bias and knowledge gap.

Fortune

Starbucks kicks off autumn season early as it brings back pumpkin spice latte

After plenty of speculation, the drink is back to kick off the autumn season

Evening Standard

The PSL has returned to Starbucks

The coffee chain delves into autumnal flavors and nostalgia, as well as plenty of non-dairy options

Salon

Pigs sipping White Claw and cows in the kitchen: should we be worried about offbeat pets going TikTok viral?

Non-traditional pets get millions of online views. But the rising trend poses questions about animal welfare

The Guardian - US

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Brewing Trouble: Starbucks Stirs Up 6% Decline as Pricey Lattes and Politics Leave Customers Steamed

Starbucks faces a 6% drop in orders as rising prices and controversial political stances drive customers away, sparking widespread dissatisfaction.

International Business Times UK

Starbucks new CEO Brian Niccol under fire over 1,000 mile private jet commute

Brian Niccol will have access to private jet to fly from California home to Seattle HQ

Evening Standard

From Starbucks to Dunkin’, where to find the best fall-inspired drinks this season

Fall-inspired coffee drinks are available now at Peet’s Coffee and La Colombe

The Independent UK

Starbucks’ new CEO faces backlash over 1,000-mile commute by private jet

Brian Niccol faces environmental criticism over commute from southern California to Seattle instead of relocating

The Guardian - US

Work from home policy for new Starbucks CEO sparks outrage

The new CEO will receive a “small remote office” based in California

The Independent UK

More CEOs are enjoying the remote-work life—but employees resent it

Remote CEOs are seen as enjoying their lives “at the expense of the employees,” one expert said.

Fortune

Starbucks’ new CEO drinks up to 4 cups of coffee per day

Brian Niccol is getting a $113 million payday–and presumably a lot of free coffee.

Fortune

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Investors Business Daily

Stock Market Rally Revs Higher On Bullish Economic Data; Walmart Jumps On Earnings: Weekly Review

The stock market confirmed its rally attempt and kept rising amid near-perfect economic data. Walmart was among earnings winners.

Barchart

Walmart’s Unusual Options Activity From Wednesday Deserves a Closer Look

Walmart reported quality earnings Thursday before the markets opened. The retailer also raised its guidance for fiscal 2025. That caused Walmart stock to jump on the news. The company’s unusual options activity from Wednesday deserves a closer look.

The Independent UK

Potentially massive pay package for Starbucks new CEO, and he doesn't even have to move to Seattle

Incoming Starbucks CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant

The Guardian - UK

Pay deal for new Starbucks CEO worth up to $113m

Brian Niccol, who was poached from Chipotle, will get package worth four times that of his predecessor

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Fortune

Starbucks welcomes new CEO Brian Niccol with a $113 million payday—and he can work remotely

The coffee giant’s new CEO won’t have to relocate to the corporate headquarters in Seattle, according to his offer letter.

Fortune

The new Starbucks CEO shares the best leadership advice he ever received

Brian Niccol says that if leaders aren’t curious, then they don’t care about their company.

Kiplinger

Southwest Gears Up for Proxy Fight With Elliott Investment

Elliott Investment is seeking major changes at Southwest Airlines, including several board seats. Here's what a proxy battle could mean.

Salon

Chipotle CEO to take over at Starbucks

Starbucks founder Howard Schultz says Chipotle's Brian Niccol has his "respect and full support"

Evening Standard

Gail's is just a posh Greggs — but that's not what Walthamstow is angry about

We’ve had this argument before — only, it used to be about Starbucks, or Pizza Express

Fortune

Ousted Starbucks CEO will get millions on the way out

The coffee chain hasn’t disclosed outgoing CEO Laxman Narasimhan’s termination agreement, but he has millions on the table to smooth his exit.

Fortune

Starbucks' interim CEO cashed in on $342,000 stock sale the day reshuffle was announced

Ruggeri sold the 3,750 stocks yesterday for $341,850 under a Rule10b5-1 trading agreement, which allows business insiders and executives to trade their shares in a publicly listed company without risk of breaking the law.

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