coffee

Howard Schultz promises Starbucks will bounce back after coffee chain 'lost its way'

Howard Schultz promises Starbucks will bounce back after coffee chain ‘lost its way’

Starbucks will spend an additional $450 million to revamp its coffee machines and stores as it seeks to accelerate growth, catch up with changing consumer tastes and mend relationships with restless baristas. The company had “lost its way” in recent years, said Howard Schultz, the founder who returned as interim chief executive in April. But, …

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Goldman Sachs withdraws 'free coffee' benefit as bankers return to five-day week

Goldman Sachs withdraws ‘free coffee’ benefit as bankers return to five-day week

It’s time for Goldman Sachs bankers to wake up and smell the coffee – and pay for it too. As employees traveled to the Wall Street giant’s headquarters in lower Manhattan last Tuesday for a mandatory return to a five-day work week, they were met with an unpleasant surprise: the ‘free coffee’ station had been …

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