Starbucks employees in China won’t be affected by the cuts, the company local unit said in a statement to Bloomberg.

KKR & Co, Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks' China business, ...

Starbucks is cutting 1,100 jobs and simplifying its menu in the US as it tries to improve flagging business in its home market.

U.S. stocks drifted lower following their sharp losses from last week. The S&P 500 fell 0.5% Monday after flipping between ...

Starbucks is the latest corporation to join the mass layoff trend, reducing its corporate workforce by nearly seven percent.

The top 10% of earners, households making about $250,000 a year or more, have not suffered, splurging on everything from vacations to designer handbags, and now account for 49.7% of overall U.S.

The Fed has been holding its main interest rate steady after sharply cutting it through the end of last year. At their last ...

Starbucks will cut 1,100 office jobs as new chief executive Brian Niccol attempts to revive the world’s biggest coffee shop ...

Starbucks has announced huge cuts to its corporate workforce as part of its turnaround plans. The coffee chain's new CEO ...

U.S. stock indexes are drifting following their sharp losses from last week. The S&P 500 slipped 0.4% Monday after losing an early gain. The Dow Jones Industrial Average dipped 30 ...