Page 3 - Starbucks

Starbucks latest to pause social media ads over call for Facebook's boycott

Starbucks is the latest company to say it will pause social media ads after a campaign led by civil rights organizations called for an ad boycott of Facebook, saying it doesn't do enough to stop racist and violent content. Starbucks said Sunday that its actions were not part of the #StopHateforProfit campaign, but that it is pausing its social ads while talking with civil rights organizations and its media partners about how to stop hate speech online. The coffee chain's announcement follows statements from Unilever, the European consumer-goods giant behind Ben & Jerry's ice cream and Dove soap; Coca-Cola; cellphone company Verizon and outdoors companies like Patagonia, Eddie Bauer and REI; film company Magnolia Pictures; jeans maker Levi's and dozens of smaller companies. Some of the companies will pause ads just on Facebook, while others will refrain from advertising more broadly on social media. In response to companies halting advertising, Facebook executive Carolyn Everson ...

Starbucks posts 21% growth in FY20; TCPL invests Rs 53 crore in JV

Though business achieved high store growth, Tata Starbucks' profitability was adversely impacted in FY20

Starbucks sees up to $2.2 bn hit to 3rd quarter income due to Covid-19

Starbucks projected an adjusted loss of about 55 cents to 70 cents per share for its third-quarter ending in June, and said it expects US same-store sales to drop by up to 45%

Nestle, Starbucks set to grow as small coffee brands suffer in pandemic

Bigger coffee makers like Nestle and Starbucks have more capacity to survive the closures than smaller, specialty producers, according to James Watson, a senior beverage analyst

China's digital currency moves

With pilot runs for a digital yuan underway, its monetary system could well become an exemplar for other countries

Covid-19: Starbucks closes most cafes in US, Canada, moves to drive-through

Exceptions to the closure would be made for cafes serving in or around hospitals and health care centers

Espressionism

The invention that re-booted coffee was the espresso machine

41 dead in China virus outbreak; Nepal, Australia and Japan confirm cases

Authorities have since imposed transport restrictions on nearly all of Hubei province, which has a population of 59 million.

Top 10 biz headlines: India Inc gets legal relief, OYO's coffee plan & more

From criminal offences in the Companies Act being slated to be slashed to banks possibly taking a majority stake in DHFL, here are the top business headlines for Monday

India business to drive Tata Global Beverages' growth and margins

Addition of consumer biz to bring stability to revenue, profit

Prominent Hong Kong activist urges Starbucks to cancel local franchise

In a tweet early on Friday, Wong asked for the franchise of Maxim's Caterers, which runs the Starbucks outlets in the city, to be terminated "immediately"

Watch out, Starbucks: OYO is brewing plans to start premium coffee chain

OYO is changing tack and shedding its 'affordable' image for its chain of premium coffee shops so that it can take on coffee chain giant Starbucks

Starbucks expansion plan picks up steam, 3 new stores opened in Ahmedabad

Two years ago, the company added 25 stores and last year it added 30 stores

Starbucks expansion plan gathers steam, 30 stores to be launched in FY20

Bullish about coffee industry in India, says Tata Starbucks CEO Navin Gurnaney

Alphabet, Starbucks earnings drive S&P 500 and Nasdaq to record highs

(Reuters) - Robust earnings from Alphabet and Starbucks pushed the S&P 500 and Nasdaq indexes to record highs on Friday, with support from data showing U.S. economic growth slowed less than expected in the second quarter.

The tale of two overpriced bananas and a shocked Bollywood celebrity

From popcorn at PVR to coffee at Starbucks, a larger debate on overpriced indulgences has ensued under #RahulBoseMoment

In a first, Starbucks to begin trial of reusable cups at London Airport

The funding for the airport trial grew out of a program Starbucks launched last year that added a 5 pence (6 cent) surcharge for disposable cups in UK shops

Starbucks guilty of Rs 4.5-cr profiteering, says GST investigative arm

The case will now be heard by the National Anti-Profiteering Authority, which will pass the final order about the quantum of profiteering

Starbucks paid its median worker $12,754 a year and 52 pounds of coffee

Schultz has said he favors raising taxes on wealthy people like himself to make sure they 'pay their fair share'

Coffee clash brews in China, start-up Luckin working to dethrone Starbucks

Chinese upstart is burning millions of dollars to lure customers with steep discounts; it is targeting office goers and students who prefer to have their java on-the-go or delivered to their doorstep