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Starbucks Expands Employee Benefits and Divests China Business Stake
Starbucks is enhancing compensation for its US baristas by expanding weekly pay and introducing additional tips and bonuses, while also announcing a deal to hand off a significant portion of its China store business to an investment firm, though these moves did not boost the company's stock.
2 Apr, 14:15 — 2 Apr, 22:53
The Story
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Source Diversity
Low (24/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 1/5 buckets covered0/33
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marketwatchReuters
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Geographic diversity— 2 regions9/34
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ReutersVery High3d ago
Starbucks expands weekly pay, adds more tips and bonuses for US baristas - Reuters
Starbucks expands weekly pay, adds more tips and bonuses for US baristas Reuters
Read full article →marketwatchMostly Factual2d ago
Starbucks made two big moves to help its turnaround today — but they didn’t help the coffee chain’s stock
Starbucks on Thursday rolled out a bonus and tipping program for its employees, and announced a deal that hands off a big slice of its store business in China to an investment firm.
By Bill Peters
Read full article →Coverage Timeline
First report: Reuters · 2 Apr, 14:15|Full coverage: 2 · 9h|Window: 9h
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