Howard Schultz

Minimum Wage
4:51 pm
Wed March 19, 2014

Starbucks CEO Schultz: $15 Minimum Wage Would Be Hard For Small Businesses

Howard Schultz, left, chairman and CEO of Starbucks Coffee Company, stands with Oprah Winfrey, right, after they announced their partnership to offer Teavana Oprah Chai tea, Wednesday, March 19, 2014, at Starbucks' annual shareholders meeting in Seattle.
Ted S. Warren AP Photo

Starbucks CEO Howard Schultz says a $15 per hour minimum wage in Seattle may not have such a big effect on his company, but he’s concerned it would hit small- and medium-sized businesses hard.

The issue of raising the minimum wage has dominated headlines in Seattle ever since Kshama Sawant, who has been pushing for the increase, won a city council seat last fall.

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man vs. machine
5:01 am
Mon December 2, 2013

Robot Baristas? Here's Starbucks CEO Schultz's Take

Allison Moore

The coffee world has been abuzz lately with news of barista robots—machines that can custom-make a cappuccino or chai latte. Naturally, the question becomes whether the world’s largest coffee chain, Seattle-based Starbucks, would replace humans with automation. 

In a world where robots build cars, fulfill orders in Amazon warehouses and paint the wings on Boeing’s 777 jet, making a latte by machine isn’t that much of a leap.

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starbucks & same-sex marriage
1:07 pm
Mon April 1, 2013

Did Starbucks' same-sex marriage stance really hurt its bottom line?

Associated Press

Did Starbucks’ stance on same-sex marriage hurt its bottom line?

A shareholder claimed as much during the company’s annual meeting last month, prompting a heated exchange with Starbucks CEO Howard Schultz. The shareholder, citing a boycott by the National Organization for Marriage of the company, hinted that Starbucks’ stock price had suffered. 

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Money Matters
4:00 am
Tue January 24, 2012

Starbucks is flying high

The original Starbucks logo at Seattle's Pike Place Market. 9/18/2009
mediafury flickr.com

2011 was a terrific year for the Seattle-based Starbucks coffee chain. The stock shot up 43% last year and recently hit record highs.

Financial commentator Greg Heberlein and KPLU's Dave Meyer look at the successful company on this week's Money Matters.

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Conversation with America
7:00 am
Mon September 5, 2011

Put down coffee, pick up phone says Starbucks CEO

Howard Schultz, shown in this 2009 photo, wants you to make some phone calls.
Associated Press

Starbucks CEO Howard Schultz has been in a letter writing mood lately and that’s earned him lots of supporters to his political cause.

A few weeks ago, Schultz asked fellow CEOs to join him in freezing campaign contributions to politicians until they end what he calls their “hyper-partisan” behavior. Now he wants to talk to the rest of America.

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Campaign Finance
11:03 am
Tue August 16, 2011

Starbucks CEO Howard Schultz calls for a boycott on campaign contributions

Kin Cheung AP

Starbucks CEO Howard Schultz wants some change in Washington D.C. and the best way to get it, he says, is by boycotting donations to political campaigns. In an open letter sent to Starbucks on Monday, he urged other company heads to withholding campaign contribution until President Obama and Congress solve the nation’s financial woes.  

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Coffee Culture
5:39 pm
Wed March 23, 2011

Stock price surges as Starbucks annual meeting presents another starstruck affair

Starbucks baristas who the company calls "partners" dole out coffee and memoires at the 2011 Annual Meeting, outside Benaroya Hall in Seattle.
Bellamy Pailthorp photo KPLU

Starbucks stocks have surged. That's thanks in part to the German financial company Deutsche Bank, which has resumed its coverage of the Seattle coffee giant and is saying investors should buy the stock. 

It's just one sign of confidence in the rebound of the company, as its executives outlined its latest growth strategies.

An annual love affair with coffee and other addictive treats

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Coffee
8:30 am
Wed March 9, 2011

Starbucks unveils logo, celebrates 40 years

Starbucks baristas and employees at corporate headquarters celebrate new logo with CEO Howard Schultz on March 8, 2011.
Starbucks

In 40 years it went from a tiny store near Pike Place Market to a global brand, recognized around the world.  Starbucks is celebrating its  anniversary with a new, simplified logo that doesn’t have the word "Starbucks" or "coffee" on it. 

On Tuesday, a band played and hundreds of employees gathered and cheered as the logo was unveiled at Starbucks headquarters in Seattle.  CEO Howard Schultz told the crowd there were many doubters in the beginning who didn’t think Starbucks could ever go beyond the West Coast. "But they were wrong," he said.

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Business
2:01 pm
Thu February 10, 2011

Groupon's coffee buzz: Starbucks' CEO joins board, invests in site

Howard Schultz is joining the board of Groupon, the web 'coupon' site, as well as making a financial investment. The Starbucks CEO is pictured last March in Seattle at the company's annual shareholders meeting.
AP

Howard Schultz announced his investment in the enormously popular consumer-discount site Groupon Thursday. At the same time, Groupon confirmed the Starbucks CEO's election to its board

TechFlash's John Cook reports Schultz' investment "is not connected to Starbucks":

...but having the leader of the world's leading specialty coffee retailer on the board certainly will add some interesting possibilities. Starbucks has been expanding its digital footprint aggressively in recent months, adding features such as mobile payments and free in-store wi-fi.

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Coffee Business
6:36 pm
Wed January 26, 2011

Starbucks sales and earnings up again, shares down on outlook

Another strong financial report is boosting Starbuck's morale, but not its stock price.
Photo by Gary Davis KPLU

Starbucks has done it again. The coffee giant says its global revenues reached a record: $3 billion in the first quarter. Profits were up 44 percent compared to a year ago, thanks in part to the chain's growing popularity with coffee drinkers around the world.

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Business
5:19 pm
Fri November 5, 2010

Starbucks earnings double

Starbucks reported strong 4th quarter earnings, a nod the company has overcome some rocky times.
Photo by Gary Davis/KPLU

Just two years ago, Starbucks was laying off staff and closing hundreds of US stores in its efforts to slash costs and restore the chain to profitability. Now it's reporting record earnings for the fourth quarter, with profits up 86% compared to a year ago.

Starbucks says its turnaround has ushered in a new phase of growth. Sales in the US and abroad increased by 8% during the quarter.

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