|Bid||57.05 x 800|
|Ask||57.04 x 800|
|Day's Range||56.98 - 57.62|
|52 Week Range||52.58 - 64.87|
|PE Ratio (TTM)||18.91|
|Forward Dividend & Yield||1.20 (2.10%)|
|1y Target Est||N/A|
Monday, May 21: Trade war with China is ‘on hold’ says Mnuchin; Starbucks will allow anyone to sit in its stores even without a purchase; Vegas Golden Knights are headed to Stanley Cup Finals as NHL commissioner Gary Bettman voices support for sports betting. Yahoo Finance’s Dan Roberts serves up your news.
Starbucks clarified its guest policy saying that employees have been instructed on how to deal with customers who are disruptive, smoke or use drugs or alcohol or sleep inside the cafes.
Trade War Back On Already? Yesterday, futures were way up in the early morning and strength followed through for the whole day, with the S&P 500 (^GSPC) ending up 20 points and the Dow Jones (^DJI) up almost 300 on the back of news that the trade war between the United States and China was […] The post Market Rundown – Mixed Trade War Signals, Starbucks Clarifies, Comcast Going British, Italy Exasperates Brussels appeared first on Market Exclusive.
Aida Batlle grows coffee on her family’s farm in the hills surrounding El Salvador’s Santa Ana Volcano. More than a decade later, coffee husk—or, as it’s better known, cascara—is having a moment. Starbucks Corp. recently introduced new drinks in the U.S. and Canada sweetened with cascara syrup, and offers a sugar topping made from the husk.
Starbucks Corp. tried to dig itself out of controversy Monday by attempting to clarify a policy toward nonpaying guests that generated an onslaught of weekend criticism. On Monday, Starbucks revealed more about the policy, telling The Wall Street Journal that employees now have detailed instructions on what to do if someone is behaving in a disruptive manner, such as smoking, using drugs or alcohol, using restrooms improperly or sleeping. At issue, in essence, is whether Starbucks views itself as a business that caters to customers, or a quasi-public place generally welcome to all.
Starbucks has revamped its customer policies after the arrest of 2 black men at a Philadelphia café last month sparked outrage #tictocnews https://bloom.bg/2IWZUYn (Source: Bloomberg)
Starbucks Corp. is revamping its customer policies following the arrests of two black men at a Philadelphia cafe last month. Anyone can now sit in a Starbucks store or patio or use the bathroom without buying anything, the company said in a statement on its website. If there’s an immediate threat of danger, such as the use of illegal drugs or physical assault, staff should call 911, the company said in an employee guide.
The letter says that employees are to treat all guests in its stores, on its patios and in the rest of its establishment as if they are customers. This is a change over the previous policy that Starbucks had when it came to guests just sitting around in its stores. It also says that store managers can still call police on disruptive or dangerous customers, reports CNNMoney.
Anyone who enters a Starbucks is now considered a customer, regardless if they buy anything, and are free to use the restrooms. Starbucks announced the new policy in a letter to employees Saturday, saying that “any person who enters our spaces, including patios, cafes and restrooms, regardless of whether they make a purchase, is considered…
Starbucks Corp. said Saturday it is creating an official policy that allows all guests to use its cafes, including its restrooms, whether or not they make a purchase. The policy comes a month after a Philadelphia manager called the police in April about two black men who asked to use the bathroom without purchasing anything and then allegedly refused to leave the cafe when asked. Starbucks baristas and store managers have long found the coffee company’s guidelines on how to treat lingering nonpaying guests vague at best.
Among the companies with shares expected to trade actively in Monday's session are General Electric, Qualcomm, Starbucks, United Technologies, Tesla and Snap.
Starbucks leaders said its previous policies were "loose and ambiguous," according to an Associated Press report, and gave too much discretion to local store managers.