howard schultz

Business

Starbucks Shakes Up Loyalty Program as Schultz's Move to Miami Sparks Executive Strategy Debate

Starbucks is navigating a pivotal moment with the launch of a revamped, tiered rewards system aimed at deepening customer engagement, while former CEO Howard Schultz's relocation from Seattle to Florida refocuses attention on leadership strategy and fiscal considerations. These parallel moves come as the coffee giant executes a multi-year operational turnaround.

Business

From Crisis to Comeback: How Leaders Forge Momentum Through Radical Reinvention

Setbacks are not dead ends but inflection points for the world's most resilient leaders. This analysis explores how strategic reinvention—from Starbucks to Apple—transforms failure into lasting organizational momentum.

Washington State Breaks 93-Year Taboo, Enacts Millionaires' Tax After Marathon Legislative Battle

Following a historic 25-hour floor debate, Washington lawmakers have passed a 9.9% tax on annual income over $1 million, marking the state's first-ever income tax. The move, aimed at addressing a regressive tax system and a looming budget deficit, has already sparked reactions from the ultra-wealthy, with some high-profile billionaires eyeing exits.

US

Washington's 'Millionaires Tax' Sparks Business Exodus Fears, Broader Economic Concerns

Washington state's new 9.9% capital gains tax on high earners, hailed by proponents as a step toward fairness, is fueling anxiety among small business owners who fear a broader income tax is next. As major companies scale back their Seattle footprint, a debate intensifies over the tax's long-term economic impact.

Tax Trajectories Diverge: Missouri Moves to Scrap Income Tax as Washington Imposes New Levy

As Missouri advances a plan to eliminate its state income tax, Washington enacts a new capital gains tax, setting the stage for a potential shift in business and resident migration patterns between the states.

Tax Trajectories Diverge: Missouri Moves to Scrap Income Tax as Washington Embraces It

As Missouri's legislature advances a plan to eliminate state income tax, Washington enacts a new capital gains levy, setting the stage for a national experiment in economic policy and interstate competition.

Tax Trajectories Diverge: Missouri Moves to Scrap Income Tax as Washington Imposes New Levy

As Washington State enacts a controversial income tax targeting high earners, Missouri advances a plan to eliminate its own. This widening policy gulf is reshaping business landscapes and fueling a debate on economic competitiveness and state revenue models.

US

Pentagon's Lavish Spending Under Scrutiny as War with Iran Escalates

A watchdog report reveals tens of millions spent on luxury food and goods by the Defense Department in a record-breaking spending spree, even as the administration seeks funding for a new conflict and faces accusations of obfuscating war details.

Business

Compass Coffee Finds Rescue Bid in Bankruptcy, But Community 'Third Places' Hang in the Balance

The D.C.-based coffee chain Compass Coffee, which filed for Chapter 11 protection in January, may have found a lifeline in a $4.75 million acquisition by European giant Caffè Nero. While the deal could save 17 remaining locations, it marks the end of an era for a local favorite and raises questions about the future of neighborhood gathering spots.

Business

Back to the Future: Food and Beverage Giants Turn to Proven Leaders in Turbulent Times

As the industry grapples with inflation and shifting consumer habits, companies like Boston Beer, Simply Good Foods, and Hormel are finding stability by reinstating former CEOs with deep institutional knowledge and a history of success.

Business

Starbucks' Dividend Growth Era Nears Its End as Financial Strains Mount

After 15 years of remarkable dividend expansion, Starbucks faces mounting pressure on its payout policy as cash flow weakens and payout ratios soar, signaling a potential halt to shareholder returns growth.