Page 2 - Howardd Schultz News Today

The central bank’s decision on interest rates on Wednesday is shaping up to be the most consequential of the Jerome Powell era.

Investors were alarmed at suggestions by Jerome Powell, the Federal Reserve’s chairman, that interest rates could go even higher in a bid to halt inflation.

The senator has set a Wednesday vote to compel Howard Schultz, the billionaire Starbucks chief executive, to testify in front of the Senate Health, Education, Labor and Pensions Committee.

The decision cited “egregious and widespread misconduct,” including illegal monitoring and firing of workers. Starbucks signaled that it would appeal.

The company has amassed an audience in Italy, and now it is betting on two very Italian ingredients.

A second Republican commissioner has resigned as the agency gears up for a big showdown on noncompete agreements and the Microsoft-Activision merger.

After two unsuccessful runs for the presidency, the Vermont senator now leads the Senate health committee, a job that gives him sweeping jurisdiction over issues he cares about.

American multination coffee house, Starbucks has reported a slight revenue miss as COVID-19 related constraints in China slowed growth.

Readers react to the Jan. 6 committee’s action and a guest essay by a Capitol Police officer. Also: Starbucks union fight; Hanukkah; marijuana policy.

His opposition to a union isn’t primarily about the bottom line, friends say. It clashes with his image of Starbucks as a model employer.