Title: Starbucks Coffee Company Timeline History | Twoop
Headings: Starbucks Coffee Company Timeline
Starbucks Coffee Company Timeline
Content: 2006
The company creates Starbucks Entertainment and it is one of the producers on the film Akeelah and the Bee. March 2008
A California court orders the company to pay $100 million in back tips to baristas who claimed that shift-supervisors were allowed to keep a portion of their tips, a violation of state labor laws. Similar lawsuits are filed in Massachusetts and Minnesota. Jan. 2012
A Starbucks exec says that Starbucks supports the legalization of same sex marriage. As a result, the National Organization for Marriage calls for a boycott of the company and its stock. Starbucks CEO Howard Schultz responds to the controversy: “ If you feel, respectfully, that you can get a higher return than the 38 percent you got last year, it’s a free country. You can sell your shares of Starbucks and buy shares in another company. Thank you very much.” Oct. 2012
Reuters does an investigation and finds that Starbucks only paid £8.6 million in corporate taxes in the United Kingdom over 14 year allegedly by charging high licensing fees to the UK Starbucks branches and being able to declare a loss as a result.