Yahoo Finance anchors discuss Starbucks eliminating its COO role and the outlook for the coffee chain's leadership.
(Bloomberg) -- Starbucks Corp. Chief Operating Officer John Culver will leave the company as the coffee chain undergoes a broader leadership overhaul.Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeMueller Memo Advising Barr on Trump Findings Is Ordered ReleasedStocks Slide as Short-Sellers Cash In on Fedspeak: Markets WrapXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesCulver will step down from h
A U.S. judge ordered Starbucks Corp to reinstate seven employees at a Memphis, Tennessee, cafe on Thursday who were allegedly fired for supporting a union organizing campaign, as the company seeks to halt pending nationwide union elections. U.S. District Judge Sheryl Lipman in Memphis said the U.S. National Labor Relations Board had provided enough evidence that the firings earlier this year were motivated by anti-union animus. The Memphis store is one of nearly 220 Starbucks cafes in the United States to unionize over the last year.