Howard D. Schultz

Jack Dorsey unveils Square Stand, new iPad point-of-sale system

2013-05-14 10:22:00

SAN FRANCISCO -- Jack Dorsey, co-founder of San Francisco payments startup Square, is making another big push to expand into larger restaurants and retailers with a sleek new point-of-sale device. The Square Stand is made out of molded white plastic and...

In the beverage industry, it's definitely tea's time

2013-05-26 20:12:00

Tea expert David DeCandia has spent his entire 17-year career in the shadow of coffee. At his employer, Los Angeles beverage chain Coffee Bean & Tea Leaf, coffee comes first in the company name. It also takes up most of the company's processing facility...

Starbucks buys first farm, plans to double loyalty card members

2013-03-20 11:42:00

Starbucks Corp., already on a tear buying tea, juice and bakery companies, just snapped up its first coffee farm and is planning to double the number of people signed up for its loyalty programs. The company is expanding its roughly 3-year-old My...

D.C. politicians fail to face up to U.S. income inequality

2013-03-13 05:00:00

Both Republicans and Democrats say concern about the middle class is at the heart of the ongoing, vituperative debate over taxes, entitlements and fiscal discipline, but the political spat never seems to honestly address the gaping and growing class...

Starbucks uses coffee cup messages to push for 'fiscal cliff' deal

2012-12-26 07:21:00

WASHINGTON -- When Obama administration officials and congressional lawmakers take a break from their wrangling over the "fiscal cliff" to grab some Starbucks coffee, they'll get a message right on their cup imploring them to strike a deal. Employees in...

Starbucks pushes hard into tea with $620-million Teavana buy

2012-11-14 12:38:00

Starbucks Coffee Co. will buy Teavana Holdings Inc. for $620 million in cash as the coffee giant powers deeper into the tea market. The $15.50-a-share price is lower than the $17 a share at which Teavana was priced for its public debut last July. The...

Starbucks to open 1,300 new stores in 2013

2012-11-01 14:33:00

You know that joke in which a visitor declares a city to be a ghost town because there’s only one Starbucks store on every street? Turns out there’s plenty of truth in the gag. Pumped up on strong sales, Starbucks said in its fourth quarter...

Starbucks opens first store in tea-centric India

2012-10-19 08:28:00

Coffee giant Starbucks has now ventured into India, the land of chai teas and lassi yogurt drinks. A luxurious new store opened Friday in the Elphinstone Building in one of Mumbai’s most well-heeled neighborhoods – there’s a Hermes...

Starbucks adds artisan pastries with La Boulange bakery purchase

2012-06-04 13:55:00

Starbucks Coffee Co. is planning to add artisan breads and pastries to its menu, spending $100 million in cash to buy Bay Area bakery brand La Boulange. Acquiescing to customer demand for “more wholesome and delicious food options,” the...

Groupon 'to reinvent' local shopping: CEO letter to shareholders

2012-05-07 11:28:00

Groupon Inc.is more than “a glorified mailing list,” wrote Chief Executive Andrew D. Mason in a glowing, ambitious letter to shareholders on Monday. What’s currently known as a daily deals company is going to “profoundly change the...

Starbucks introduces new products to boost U.S. job creation effort

2012-06-12 10:55:00

Starbucks Corp. has a new line of merchandise that, in line with the conscientious capitalism efforts at several major companies, it said will be used to help support American jobs. The coffee giant will sell a limited-edition mug, tumbler and bag of...

What's so awful about the 1%?

2011-12-04 00:00:00

Why we're watching: Online food delivery startup GrubHub and Potbelly Sandwich Shop reportedly have separately hired bankers for potential initial public offerings in 2013. GrubHub co-founders Matt Maloney and Mike Evans declined to confirm the report.

2013-01-07 00:00:00

Howard Schultz, president and chief executive officer of Starbucks Corp., speaks during the company's annual meeting in Seattle in 2011.

2012-12-26 07:09:47