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SBUX / Starbucks wins case challenging its diversity policies

Shares of Starbucks Corp. SBUX, -0.66% were flat in extended trading late Friday after a federal court dismissed a lawsuit accusing company executives and directors of violating their fiduciary duty to shareholders by supporting corporate diversity policies. The decision is a setback for one of a handful of lawsuits that legal activists have filed to reverse Starbucks' policies aimed at increasing the proportion of women and members of racial or ethnic minority groups in their workforces and contracting corps. Read More

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Posted: Aug 11 2023, 17:52

Author Name: Market Watch

SBUX News

By Yahoo Finance
November 4, 2023

Starbucks unveils efficiency plan, hopes to save $3 billion

This segment previously aired on November 3, 2023. Starbucks (SBUX) will roll out a reinvention and efficiency strategy over the next three years, hop

By Business Insider
November 3, 2023

Starbucks says it's fixing a customer frustration: ordering drinks to the wrong pickup location

Starbucks says it's rolling out a fix to prevent customers from ordering drinks to the wrong pickup location. Mistakenly placed orders aren't just in

By PYMNTS
November 3, 2023

Starbucks Taps Additional Rewards Partnerships to Widen Loyalty Audience

Starbucks is adding two new rewards partners to grow loyalty engagement and reach new customers. The world's largest restaurant chain by revenue share

By New York Post
November 3, 2023

Starbucks to add 17,000 locations by 2030, cut costs by $3 billion

Starbucks announced plans to expand its global footprint with 17,000 new locations by 2030 -- while cutting $3 billion in costs within the next three

By CNBC Television
November 2, 2023

Starbucks CEO Laxman Narasimhan talks Q4 earnings with Jim Cramer

Starbucks CEO Laxman Narasimhan talks with 'Mad Money' host Jim Cramer to talk Q4 earnings, the shift from fall to winter flavors, what's ahead for th

By CNBC Television
November 2, 2023

Starbucks helped build the coffee industry in China, says CEO Laxman Narasimhan

Starbucks CEO Laxman Narasimhan talks with 'Mad Money' host Jim Cramer to talk Q4 earnings, the shift from fall to winter flavors, what's ahead for th

By Fox Business
November 2, 2023

Starbucks CEO rolls out ‘triple shot' strategy for growth

Chief executive of Starbucks Laxman Narasimhan is looking to boost the coffeehouse chain's growth with a strategy unveiled Thursday evening.

By Market Watch
November 2, 2023

Starbucks wants to have 55,000 stores by 2030 — and expects to pay its workers more long before then

Starbucks' abundance of stores stopped being a punchline years ago. But the coffee chain on Thursday said there was, somehow, still room for even more

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