howard schultz

Starbucks Unveils New 'Coffee'-less Logo

Starbucks, the world's largest coffee-shop chain, on Wednesday unveiled a new logo that retains its iconic green mermaid but no longer includes the word "coffee," reflecting the company's efforts to expand sales through a broader array of menu and consumer-product items.

Magic Johnson Sells Starbucks Shares

Magic Johnson has sold his 50% stake in 100 urban Starbucks stores less than a week after selling his 5% stake in his former team, the Los Angeles Lakers.