Howard Schultz | KNKX

Howard Schultz

Kathy Willens / AP Photo

The controversy continues to swirl around former Starbucks CEO Howard Schultz and his possible run for president as an independent. Protestors turned out Thursday night for Schultz's Seattle stop on his book tour.

KNKX sports commentator Art Thiel told Morning Edition host Kirsten Kendrick that Schultz shouldn't run — based on how he ran the Seattle Supersonics.

Ted S. Warren / AP Photo

With news this week that Howard Schultz plans to step down as chairman of Starbucks, speculation is swirling about whether he’ll run for political office - maybe even President. But KNKX sports commentator Art Thiel told KNKX Morning Edition host Kirsten Kendrick it’s a bad idea, based on his track record as an NBA owner.

Elaine Thompson / AP

Starbucks has long taken on the mantle of socially conscious retailer. The Seattle-based coffee chain pledged commitment to those endeavors at Wednesday's annual shareholders meeting at McCaw Hall.

Rick Maiman/AP Images for Starbucks

Starbucks Chairman Howard Schultz is stepping down as CEO of the coffee chain he joined more than 30 years ago and transformed into a globally known brand.

Schultz will become executive chairman in April to focus on innovation such as high-end shops and social impact activities, the Seattle-based chain announced Thursday. Kevin Johnson, who was named president and chief operating officer last year, will be chief executive as of April 3.

Ted S. Warren / AP Photo

Starbucks CEO Howard Schultz said he will contribute $30 million toward a nationwide program to hire low income 16-to-24-year olds. 

Ted S. Warren / AP Photo

Starbucks CEO Howard Schultz says a $15 per hour minimum wage in Seattle may not have such a big effect on his company, but he’s concerned it would hit small- and medium-sized businesses hard.

The issue of raising the minimum wage has dominated headlines in Seattle ever since Kshama Sawant, who has been pushing for the increase, won a city council seat last fall.

Allison Moore

The coffee world has been abuzz lately with news of barista robots—machines that can custom-make a cappuccino or chai latte. Naturally, the question becomes whether the world’s largest coffee chain, Seattle-based Starbucks, would replace humans with automation. 

In a world where robots build cars, fulfill orders in Amazon warehouses and paint the wings on Boeing’s 777 jet, making a latte by machine isn’t that much of a leap.

Associated Press

Did Starbucks’ stance on same-sex marriage hurt its bottom line?

A shareholder claimed as much during the company’s annual meeting last month, prompting a heated exchange with Starbucks CEO Howard Schultz. The shareholder, citing a boycott by the National Organization for Marriage of the company, hinted that Starbucks’ stock price had suffered. 

mediafury / flickr.com

2011 was a terrific year for the Seattle-based Starbucks coffee chain. The stock shot up 43% last year and recently hit record highs.

Financial commentator Greg Heberlein and KPLU's Dave Meyer look at the successful company on this week's Money Matters.

Associated Press

Starbucks CEO Howard Schultz has been in a letter writing mood lately and that’s earned him lots of supporters to his political cause.

A few weeks ago, Schultz asked fellow CEOs to join him in freezing campaign contributions to politicians until they end what he calls their “hyper-partisan” behavior. Now he wants to talk to the rest of America.

Kin Cheung / AP

Starbucks CEO Howard Schultz wants some change in Washington D.C. and the best way to get it, he says, is by boycotting donations to political campaigns. In an open letter sent to Starbucks on Monday, he urged other company heads to withholding campaign contribution until President Obama and Congress solve the nation’s financial woes.  

Bellamy Pailthorp photo / KPLU

Starbucks stocks have surged. That's thanks in part to the German financial company Deutsche Bank, which has resumed its coverage of the Seattle coffee giant and is saying investors should buy the stock. 

It's just one sign of confidence in the rebound of the company, as its executives outlined its latest growth strategies.

An annual love affair with coffee and other addictive treats

Starbucks

In 40 years it went from a tiny store near Pike Place Market to a global brand, recognized around the world.  Starbucks is celebrating its  anniversary with a new, simplified logo that doesn’t have the word "Starbucks" or "coffee" on it. 

On Tuesday, a band played and hundreds of employees gathered and cheered as the logo was unveiled at Starbucks headquarters in Seattle.  CEO Howard Schultz told the crowd there were many doubters in the beginning who didn’t think Starbucks could ever go beyond the West Coast. "But they were wrong," he said.

AP

Howard Schultz announced his investment in the enormously popular consumer-discount site Groupon Thursday. At the same time, Groupon confirmed the Starbucks CEO's election to its board

TechFlash's John Cook reports Schultz' investment "is not connected to Starbucks":

...but having the leader of the world's leading specialty coffee retailer on the board certainly will add some interesting possibilities. Starbucks has been expanding its digital footprint aggressively in recent months, adding features such as mobile payments and free in-store wi-fi.

Photo by Gary Davis / KPLU

Starbucks has done it again. The coffee giant says its global revenues reached a record: $3 billion in the first quarter. Profits were up 44 percent compared to a year ago, thanks in part to the chain's growing popularity with coffee drinkers around the world.

Photo by Gary Davis/KPLU

Just two years ago, Starbucks was laying off staff and closing hundreds of US stores in its efforts to slash costs and restore the chain to profitability. Now it's reporting record earnings for the fourth quarter, with profits up 86% compared to a year ago.

Starbucks says its turnaround has ushered in a new phase of growth. Sales in the US and abroad increased by 8% during the quarter.