May 17, 2024 Last Updated 03:48 AM EDT
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Starbucks Sales Flatline as U.S. Boycott and China Cool Off

Starbucks Sales Flatline as US Boycotts and China Cools Off

Starbucks failed Wall Street's forecasts with its quarterly profits and revenue announcement on Tuesday, as both its domestic and foreign sales fell short of projections.

Starbucks lags behind Dunkin's performance

Wall Street notes many people are starting to buy their drinks at Dunkin' Donuts instead of the popular caffeine company Starbucks. Dunkin' Brands' shares, which houses Dunkin' Donuts, went up 10 percent this year and 25 percent over the past 12 months.

‘Latte Macchiato’: ‘Starbucks’ Hits New Caffeine Beverage

Latte Macchiato, combination of espresso and milk, is going to be served by Starbucks, the Seattle based Café Chain. The popular Australian drink is being introduced to the Americans by Angus Maxwell, certified barista serving the coffee chain. The new beverage joins the Starbucks menu and is believed to be a stepping stone between a cappuccino or flat white and an Americano among those desiring to change the taste bud.

Starbucks, Walmart and Chain Stores Recalled Products Because of E. Coli

Starbucks, Walmart and dozen chain stores recalled their food product due to E. Coli contamination linked to Costco chicken sandwich case last month.

Starbucks offers new perks to military veterans

With 5,500 veterans hired to date, Starbucks has surpassed the half-way mark toward its goal. But hiring is only one part of the story. Starbucks is on a mission to help bridge a disconnect between the military and civilians while honoring the service and sacrifice of veterans and military spouses.

Customers accuse Starbucks it "hates Jesus" for plain red holiday cups

Starbuck's new plain red holiday cups attract controversies as customers accuse it as an anti-Christ move.

Micro Moments in Marketing: What You Need to Know

With increasing dependencies of mobile phone, a chain of small moments become critical touch points to shape consumers' purchasing decision. Companies need to make use of the small moments which Google called as micro moments.

Starbucks introduces Frappula, the new Halloween-inspired Frappucino

As Halloween fast approaches, Starbucks treats Halloween lovers with a new flavor that'll only be available until the end of the month, the Frappula Frappucino.

European Commission Rules Starbucks' and Fiat's Tax Deals with Dutch and Luxembourg Tax Authorities Illegal - Ordering Both Companies To Pay Millions of Euro in Back Taxes

The European Commission ruled that Starbucks and Fiat Chrysler had benefitted from illegal tax deals with Dutch and Luxembourg authorities dealing a heavy blow to similar tax arrangements used by many MNCs and have ordered both Governments to recover back taxes from the US coffee chain and Italian-US carmaker.

European Commission Rules Starbucks' and Fiat's Tax Deals with Dutch and Luxembourg Tax Authorities Illegal - Ordering Both Companies To Pay Millions of Euro in Back Taxes

The European Commission ruled that Starbucks and Fiat Chrysler had benefitted from illegal tax deals with Dutch and Luxembourg authorities dealing a heavy blow to similar tax arrangements used by many MNCs and have ordered both Governments to recover back taxes from the US coffee chain and Italian-US carmaker.

Starbucks and Fiat are required to pay back millions in taxes to Dutch and Luxembourg Government

The European Commission agreed that both Starbucks and Fiat have been benefiting under illegal tax system. Based on the new ruling, more corporation are expected to be under investigation soon.

Starbucks to brew in Italy

Starbucks has plans to expand its business to Italy and serve Italians the best-tasting coffee and other stuff the biggest coffee chain in the world has to offer. It was reported on Thursday that Starbucks is already discussing the proposal with an Italian partner for the opening of the business in the said country.

Starbucks expands Mobile Order & Pay Service in 7,500 cafes in U.S.

Starbucks expanded its Mobile Order & Pay service in its almost 7,500 chains in the United States. These cafes are located in notable cities such as San Francisco, New York, Washington D.C., Chicago, and Boston.

Starbucks coffee went up despite coffee price decline

Coffee prices already went down and most coffee shops provide their customers with the taste of savings and of course with their best tasting coffee. The scenario is not the same with Starbucks that impose an increase with their coffee and other drinks to offset labor cost and rent.

Starbucks and 28 other US companies to create jobs for disconnected youth

More than two dozen companies in the US join Starbucks in assuring Americans to create 100,000 jobs for the unemployed youth by 2018.

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Don’t Sweat the Bills: Resources to Help You Pay for Utilities

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Social Security 2025: Cost-of-Living-Adjustment Increased to 3.2%, But Will It Keep Up?

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Real Estate Not Stocks Give the Greatest Long-Term Investment, Survey Shows

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Hong Kong's Status as an International Financial Center at Crossroads

Hong Kong lost its status as a global financial hub amidst shifting rankings and regulatory hurdles. Read the implications of China's tightening grip and cross-border capital flow uncertainties.

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Are Meme Stocks a Risky Bet or a Chance for Big Gains?

Tuesday saw a spike in the value of several "meme stocks," or businesses whose valuation is driven more by social media talk than by more conventional economic factors like growth and profitability.

Hong Kong's Financial Status Plummets EUI from Fourth to Ninth Place Amidst Global Rankings and China's Grip

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US Cites "Spying Concerns" in Banning Chinese Crypto Miner Near Nuclear Base

Citing fears about espionage, US President Joe Biden has ordered a Chinese-owned bitcoin miner and its partners to sell land they hold close to a US nuclear missile station.

Can Taxing the Rich Save Social Security?

Due to a budget deficit, Social Security may not be able to provide retired Americans with their full payments in around ten years.

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