starbucks

Starbucks discloses gender and racial pay gap: There isn't one

[SOUTHFIELD] Starbucks, for the first time, is disclosing how much less women at the coffee chain earn than men: zero dollars. That's in contrast to the nation's workforce overall, in which women...

Burning cash is strategy of choice for China's Starbucks rival

THE team behind Luckin Coffee Inc is betting that what worked for them in car rentals will prove a success with java. Their US$130 million annual cash burn - and rival Starbucks Corp's dominance...

Ackman bets China's coffee drinkers will be next fast-food win

THREE years ago, American investor Bill Ackman was shorting China's currency. Now he is going long on the country's coffee drinkers.