Starbucks Workers United held a rally in New York City outside the Empire State Building as its open-ended strike continued for a third week. Baristas launched a strike on Starbucks Red Cup Day last month, seeking new proposals from the company at address its top issues to finalize a contract.
SEATTLE--(BUSINESS WIRE)--Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a quarterly cash dividend of $0.62 per share of outstanding Common Stock. The dividend will be payable in cash on February 27, 2026, to shareholders of record on February 13, 2026. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing an...
With allegations of unfair labor practices a major point of contention in the ongoing “Red Cup Rebellion” strike, Starbucks has agreed to pay $35.5 million to more than 15,000 New York City workers, plus $3.4 million in civil penalties, for violating New York City's Fair Workweek Law, according to New York City Department of Consumer and Worker Protection (DCWP).
Starbucks (SBUX) is rated a sell due to ongoing margin pressure, weak earnings, and an unattractive risk/reward profile despite operational improvements. SBUX posted its first positive global comp in seven quarters, but operating margins collapsed to 9.4% and EPS declined, with the dividend barely covered. Competitive pressures in China and the U.S., high coffee costs, and a premium valuation (...
Die Kaffeehauskette Starbucks US8552441094 zahlt rund 35 Millionen US-Dollar (knapp 30 Mio Euro) an mehr als 15.000 Beschäftigte in New York City, um Vorwürfe zu unzuverlässigen Dienstplänen und willkürlich gekürzten Arbeitsstunden zu beenden.
Starbucks has agreed to pay $38.9 million to settle claims by New York City that the coffee chain violated a local law requiring fast food businesses to give workers predictable and stable schedules more than half a million times over a three-year period, Mayor Eric Adams' office said on Monday.
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