starbucks

Starbucks to quit Russia but pay six months' wages

The coffee chain will now retreat entirely from the Russian market, after suspending trading there in March.

It said it would continue to pay nearly 2000 staff working at its shops in the country for six months.

Starbucks joins firms such as McDonald's and Renault in permanently exiting the country.

US and Western allies responded to the war by hitting Russia with wide ranging economic sanctions aimed at isolating it economically and cutting it off from the global financial system. The rules make it difficult for Western companies to operate there.

Starbucks suspends social media ads over hate speech

The coffee giant joins global brands including Coca-Cola, Diageo and Unilever which have recently removed advertising from social platforms.

A Starbucks spokesperson told the BBC the social media "pause" would not include YouTube, owned by Google.

"We believe in bringing communities together, both in person and online," Starbucks said in a statement.

Starbucks to hire 10,000 refugees

Chairman and CEO Howard Schultz outlined the company's plan in a memo sent to employees Sunday in response to President Trump's executive order banning travel from seven Muslim majority countries.

"We are living in an unprecedented time," Schultz wrote in the memo, which listed several actions the company says it is taking to "reinforce our belief in our partners around the world."

The refugee hiring proposal, Schultz wrote, will begin with a focus on people who have served with U.S. troops as interpreters and support personnel.

Starbucks and McDonald's move to block porn

Earlier this year McDonald's (MCD) responded by putting filters in place at most of its U.S. restaurants, a change that was disclosed this week. The company had already had the filtering in place at its U.K. restaurants.