by Brian Evans | Dec 30, 2021
Starbucks Corp. (SBUX) is raising its U.S minimum wage to $15 an hour in an effort to remain competitive with retail peers like Walmart Inc. (WMT) and Target Corporation (TGT). But six weeks after the October announcement, employees at one Buffalo, N.Y. store voted...
by Brian Evans | Nov 15, 2021
Starbucks Corp. (SBUX) is moving fast to get ahead of the labor shortage afflicting restaurants nationwide. It’s part of the reason the coffee giant has moved aggressively to hit $17 per hour by mid-year 2022. But Starbucks is outspending its competitors without a...
by Brian Evans | Nov 8, 2021
Starbucks Corp. (SBUX) is doubling down on rising labor costs besetting the restaurant industry. The stock dipped 6% after Starbucks CEO Kevin Johnson said Starbucks’ decision to raise wages twice in 2022 would give the company a bigger market foothold and raise...
by Brian Evans | Oct 28, 2021
Lucas Ravazzani comes from a financially literate family. His father has worked in investment banking for decades in the U.S. and abroad. Lucas says his father explained stocks to him when he was in the first grade. At 13, Lucas suggested to his father that investing...
by Brian Evans | Oct 18, 2021
Robust small business bookings and steady weekend reservations are keeping Hilton afloat into the fall and winter. Hilton CEO John Nassetta said on Tuesday that corporate business travel hasn’t caught up to 2019 levels but pent up demand across the hospitality...
