Starbucks Corp on Thursday said Howard Schultz will step down as chief executive to focus on its high-end coffee shops as Chief Operating Officer Kevin Johnson takes over as CEO. Starbucks signaled the change in July, saying that Schultz was moving away from day-to-day operations to focus on the development of high-end stores and long-term…
Some like their coffee black, some like it light. And now Starbucks CEO Howard Schultz is officially going blue in the race for the White House. The Jewish coffee shop magnate officially endorsed Hillary Clinton Wednesday, saying “it’s obvious (she) needs to be the next president.” In a business breakfast hosted by CNN Money, the…
As Americans were watching Starbucks unveil its short-lived “Race Together” campaign — a push to talk about race in classic coffee klatch tradition — Brits were watching Trevor Phillips, the chair of the Equality and Human Rights Commission and Head of the Commission for Racial Equality under Prime Minister Tony Blair, also talking about race,…
Benjamin Netanyahu confirmed everyone’s worst fears about him when he launched a last-minute fear campaign on Tuesday, warning that “Arab voters are coming out in droves to the polls” — and proving that he is perfectly happy to win an election using racism. Depressingly, predictably, Bibi’s “the-Arabs-are-coming” bugaboo worked like a dream on the Israeli…
It took only a few hundred online activists to bring coffee shop giant Starbucks to denounce as “unequivocally false” claims that the company and its founder support Israel financially. The chain’s immediate disavowal of ties to the Jewish state, issued in a public statement on August 5, could be seen as a victory for the…
Starbucks issued a statement saying the company and its CEO do not provide any financial support to Israel or its army, in the wake of such rumors. Howard Schultz, Starbuck’s CEO, is Jewish. The company updated a four-year-old statement on its website after the spread of false “rumors that Starbucks or Howard provides financial support…
Starbucks is in advanced talks to buy 10 percent of Israeli home soda machine company SodaStream, an Israeli business daily reported. Shares of SodaStream jumped more than 10 percent following the report Wednesday in Globes. The newspaper said that an announcement of the purchase, at a company value of $1.1 billion, is expected “soon.” Starbucks…
In the Talmud (Eruvin 65b), Rabbi Ilai cleverly opines: “A person is recognized by three things: their cup, their pocket, and their anger.” In other words, how they handle their liquor (self control), their money (generosity), and their temper (patience). It’s a lot more poetic in the Hebrew, where the three characteristics are, “koso, kiso,…
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