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.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
China’s pivot away from U.S. liquefied petroleum gas under new tariffs is shaking global energy flows, slashing demand, and fuelling a scramble for alternatives across Asia, with Middle Eastern suppliers and rival buyers seizing the moment.
Iran and the U.S. are set for a third round of indirect talks in Muscat, focusing on sanctions relief and guarantees over Iran’s nuclear program.
Donald Trump said talks between his envoy and Vladimir Putin made major progress toward ending the Ukraine war, urging Kyiv and Moscow to meet face-to-face.
Estonia has passed a €2.8 billion defense funding bill, raising military spending to over 5% of GDP amid growing security concerns over Russia.
George Santos, a former U.S. congressman, has been sentenced to over seven years in prison after being convicted of fraud and identity theft.
The World Food Programme has warned that its food supplies in Gaza have run out, leaving hundreds of thousands at risk as charity kitchens face imminent shutdown.
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