Starbucks

El patojo / Flickr

What do coffee drinkers and teachers have in common?

A shared passion to educate local school kids. At least, that’s what the Bill and Melinda Gates Foundation and Starbucks are counting on. The two mega-institutions have teamed up to help King County public school teachers get money for unfunded classroom projects.

Associated Press

Starbucks CEO Howard Schultz is calling for a lower corporate tax rate. Schultz made his comments during a town hall meeting Tuesday night hosted by the anti-partisanship group “No Labels”

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.

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.  

re-ality / Flickr

Starbucks Corporation isn't required to disclose the names of potential plaintiffs in a lawsuit accusing it of illegally requiring job applicants to reveal past marijuana convictions.

That's what a California appeals court ruled this week. The Seattle-based coffee giant was accused in a 2005 lawsuit of violating a mid-1970s California law that bars employers from asking job seekers about minor marijuana convictions that are more than two years old.

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

Single-serve coffee is in vogue.  Seattle-based Starbucks says that's the motivation behind a long-awaited deal with Vermont's Green Mountain Coffee, which the companies signed today.  It's part of Starbuck's strategy for continued growth in the US and Canada. 

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.

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.

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.

Starbucks

Technology-savvy consumers could soon be able to leave their wallets behind when picking up a cup of Joe at Starbucks.  

The Seattle retailer is expected to announce Wednesday that customers will be able to use smartphones to pay for goodies at 6,800 stores the company operates in the United States and 1,000 that are in Target stores, according to Claire Cain Miller of the New York 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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