US Stocks: Starbucks investor group urges shareholders to replace directors amid labor dispute

Starbucks faced new pressure on Wednesday from a coalition of investors, including public sector pension funds, who urged shareholders to vote against the re-election of two directors, citing an ongoing failure to manage labor relations. The move against Starbucks’ lead independent director, Jorgen Vig Knudstorp, and Beth Ford, chair of the board’s Nominating ‌and Corporate […]

Former Starbucks CEO files retaliation lawsuit after warning about ‘Mad’ machines

Through Candid Edwards February 4, 2026 Waszak claims she was fired after noticing problems with a proprietary espresso system. A former Starbucks executive has filed a lawsuit alleging retaliation after raising health and safety concerns. Janice Waszak claims that after alerting higher-ups in the company about the condition of the store’s new equipment, she was […]

Wait, what? Florida files a $100 billion lawsuit against Starbucks over its DEI policy

Through Jeroslyn JoVonn December 20, 2025 Florida has filed a new lawsuit alleging that Starbucks’ DEI practices discriminate against non-Black employees. Florida Attorney General James Uthmeier is suing Starbucks for $100 billion, saying its DEI policy discriminates against non-black employees. On December 10, Uthmeier has filed a lawsuit accuses Starbucks of giving preferential treatment to […]

Starbucks to close stores in the midst of restructuring, rates, boycots and policy play

Through Sharell B. McNair September 27, 2025 Since a few months, Starbucks has been subject to lawsuits for policy changes against employees and customers of the Black and LGBTQ+ community. Is it a restructuring or the result of a boycott? Starbucks announced enormous location reductions and fired to concentrate on restructuring models, but social media […]

Magic Johnson says that Starbucks will place ‘everything has changed’ in disadvantaged areas for him

Through Well, Abdur-Rahman June 19, 2025 According to Johnson, the deal proved that urban redevelopment was an investment that was worth doing. Magic Johnson has made billions since he withdrew from the NBA, but one deal with Starbucks “everything changed” for the business visionary. Johnson appeared on Bloomberg’s The deal With Alex Rodriguez and Jason […]