Howard Schultz, the impulsive and mercurial founder of Starbucks, had already told his story once, in Pour Your Heart Into It. His new autobiographic tome, Onward, reveals how he retook control of his company -- and despite his best efforts to paint himself as a benevolent visionary, his many, many flaws shine through.
Since 1998, Starbucks has contracted with Kraft Foods to distribute its bagged coffee through grocery stores. In letters released to The Wall Street Journal and Reuters, Kraft fired yet another salvo in its bid to hold together this deal, which Starbucks now wants to undo.
News Corp.'s decision to make its TV shows available for 99-cent rental to Apple TV users is just the latest chapter in an increasingly cozy relationship between Rupert Murdoch and Steve Jobs.
Now that Jay Leno has returned to host NBC's Tonight Show, the show is climbing back to the top of late-night ratings. Problem is -- and not just for Leno, but for Letterman and others -- post-prime-time audiences are getting sparser and older.
Viacom demonstrated the power of cost-cutting Thursday when it reported fourth-quarter and year-end earnings. Despite a continuing swoon in ad revenues and disappointing video game sales, it posted a fourth-quarter profit of $694 million, more than quadruple what it earned the year before.