Now, Howard Schultz, the former CEO of the multinational coffeehouse chain, has added his thoughts in the debate around what the company should do next. Schultz was replaced by Laxman Narasimhan in 2023. The current CEO plans to boost the company’s profits through new offerings such as energy drinks and boba tea, as well as…
Read more
Under this innovative program, Bank of America's extensive customer base of 45 million cardholders now has the opportunity to earn 2% cash back on their Starbucks purchases. Cardholders must link their Bank of America accounts with their Starbucks Rewards accounts to avail of this benefit. Furthermore, the program is designed to reward customers more generously…
Read more
Starbucks is undeniably at the forefront of blockchain technologies and innovation. The company partnered with Microsoft in 2018 on a beverage-crypto project. Leaprate reported: Starbucks is now working with Microsoft and ICE to offer a new platform called Bakkt, one that will allow Starbucks customers to transact with cryptocurrencies starting November 2018. The Boston Consulting…
Read more
There is a new partnership on the horizon, it seems. This time it involves both coffee and cryptocurrencies. Starbucks is reportedly partnering with the American cryptocurrency platform Bakkt. The coffee giant may start accepting Bitcoin for coffee right after a sizeable equity deal between Bakkt and Starbucks. Starbucks is a founding partner of the crypto…
Read more
It may be a little surprising to know that Microsoft and Starbucks have teamed up on a new beverage-cryptocurrency product. Shortly after McDonalds announced that they will be offering the MacCoin to honour the 50th anniversary of the Big Mac, Starbucks is the other large consumer company that has recently joined the cryptocurrency payment solutions.…
Read more
Brittany Roston from Slash Gear reported that one of Starbucks stores in Buenos Aires was caught mining digital currencies through the use of customers' laptops that essentially used the store's WiFi. The Starbucks store did not know of the mining, until notified by a customer, Noah Dunkin through a tweet. According to his tweet, the…
Read moreJPMorgan Chase & Co. (NYSE:JPM)’s CEO Jamie Dimon is giving his employees a big raise. And don’t think that he’s doing this for his investment bankers… not at all. The bank company JPMorgan is raising its minimum pay for some overtime-eligible US employees from $10.15 to between $12 and $16.50 an hour. In an opinion…
Read more