Starbucks Stock News

Starbucks faced its second public outcry in China in less than three months after an incident at one of its stores. According to Reuters, the company described it as a misunderstanding that drew online users’ criticism and official media attention on Feb. 15. A Weibo user said that a group of police officers was eating […]

Starbucks Corporation (NASDAQ: SBUX ) is facing irate internet users in China after announcing price hikes. What Happened: On Thursday (Beijing Time), the People’s Daily reported that Starbucks price hikes dominated Weibo — a social media platform akin to Twitter. Starbucks price increases in China spanned RMB 1 to 2, generally. For a large cup of American-style iced black coffee, customers will now have to shell two extra renminbis. Netizens decried the price hike in what has become Starbucks’ fastest-growing and largest overseas market, as per People’s Daily — the official newspaper of the Central Committee of the Chinese Communist Party. An online commentator reportedly said that though the price increase was not … Full story available on Benzinga.com

BEIJING : Coffee chains such as Luckin Coffee and Tim Hortons have increased the prices of their beverages in China, with U.S. giant Starbucks blaming "multiple factors" such as higher operating costs. The chains, among China''s largest coffee players, raised prices by between 1 yuan and 3 yuan ($0.16 and

Starbucks (SBUX) baristas at Mesa, Arizona store will have to wait to vote on whether to unionize.

PHOENIX (AP) — Employees at a suburban Phoenix Starbucks store are holding a vote on whether to unionize. If the Wednesday vote goes in favor of unionizing, the Mesa, Arizona, store would become the latest in a nationwide movement among the coffee chain''s workers. A Starbucks store in Buffalo, New …

DUBAI (Reuters) – Buyout groups CVC Capital Partners and Brookfield and two Abu Dhabi state funds have bid to buy a stake in the Middle East, North Africa and central Asia Starbucks franchise held by Alshaya Group, two sources familiar with the deal said.

Starbucks has had a rough go of it in China over the past couple of months despite the country being essential to its growth ambitions.

Shares of Veeva and Starbucks have been falling, but they may not stay down for long.

How labor issues at the coffee chain might affect its business.

Vistara, a joint venture between Tata Sons and Singapore Airlines, plans to resume serving tea and coffee, including Starbucks, on all domestic flights with a flying time of 90 minutes and above.

Starbucks is facing its second controversy in China in two months, over what the coffee giant has described as a "misunderstanding" between its staff and a police officer.

The effort to unionize Starbucks workers is one of the country''s most closely-watched labor organizing drives in years. And on Wednesday it takes another important, though admittedly small, next step.

Indian funds which have been buying shares in Google owner Alphabet, Starbucks, Amazon and Apple, and investing in other large global funds, are betting that Indian investors'' appetite for global investments would grow stronger.

Starbucks (NASDAQ: SBUX ) has found itself with a public relations problem in China after an incident of impolite behavior to police officers at a store turned into a viral social media fury. What Happened: According to a Reuters report, a user on the Twitter (NYSE: TWTR )-style social media site Weibo reported that several police officers eating outside a Starbucks coffeehouse in the city of Chongqing were told by the … Full story available on Benzinga.com

Starbucks (SBUX) is facing another public relations flareup in China after an incident at one of its stores is reported to have fired up criticism again from state media. Read more.