Starbucks grants $96M pay package to new CEO Brian Niccol
Starbucks CEO Brian Niccol earned $96M in just four months, with 94% tied to stock awards, as the coffee giant bets on his leadership to drive growth.
Starbucks workers union authorizes potential strike over stalled negotiations with coffee giant.
The union representing over 10,000 Starbucks baristas has authorized a potential strike as final bargaining talks with the coffee giant are set to take place on Tuesday.
Workers United, which represents employees at 525 Starbucks locations, claims the company has yet to propose a comprehensive economic plan, with hundreds of unresolved labor disputes lingering.
The union has pushed for increased wages, better staffing, and improved scheduling, though no date for a strike has been set. Negotiations began in April to establish a foundational framework for collective bargaining and potentially settle pending legal disputes.
This comes as Starbucks continues efforts to revamp its operations under CEO Brian Niccol, who pledged to engage constructively with the union following his appointment earlier this year. Starbucks has not yet commented on the union's announcement.
The company, which operates over 11,000 U.S. stores with roughly 200,000 employees, recently raised paid parental leave from six to 18 weeks, effective March.
NASA astronauts Butch Wilmore and Suni Williams completed an unexpectedly long 286-day mission on the ISS, returning to Earth aboard a SpaceX capsule after delays caused by technical issues with Boeing’s Starliner.
In a groundbreaking study published in Cell on January 18, Chinese researchers have unveiled a novel cancer treatment that ingeniously disguises tumors as pig tissue, triggering the body’s immune system to mount a hyperacute rejection response against the cancer cells.
Russian President Vladimir Putin agreed on Tuesday to a proposal by U.S. President Donald Trump that Russia and Ukraine cease attacking each other's energy infrastructure for 30 days, the Kremlin said following a lengthy phone discussion between the leaders.
On March 16, at around 09:45, Armenian armed forces opened fire on Azerbaijani positions located in the direction of the Digh settlement in the Goris region, using firearms, according to Azerbaijan's Ministry of Defence.
Serbia’s parliament has officially accepted the resignation of Prime Minister Milos Vucevic, setting a 30-day deadline for the formation of a new government or the calling of snap elections.
Tourists in Bali were left stranded at Denpasar International Airport on March 21, 2025, after the eruption of Lewotobi Laki Laki volcano caused flight cancellations and significant travel disruptions.
The 10th anniversary of the Germanwings A320 crash, which claimed 150 lives in the French Alps, marks a somber moment in aviation history, prompting significant changes in flight safety protocols.
China and South Korea's foreign ministers held talks with Japanese Prime Minister Fumio Kishida in Tokyo, paving the way for a trilateral meeting aimed at enhancing regional cooperation and addressing key security and economic issues.
French President Emmanuel Macron announced plans to host a summit in Paris on March 27, 2025, with Ukrainian President Volodymyr Zelenskyy and European leaders to discuss strengthening Ukraine's defense, securing short-term military support, and exploring ways to implement a potential ceasefire.
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