Starbucks Will ‘Voluntarily’ Pay More UK Tax in Spite of Legal Loopholes

After UK Lawmakers accused it of immorally avoiding tax Dec. 3, Starbucks (SBUX) announced Dec. 6 it would voluntarily pay 20-million pounds in UK corporation tax over the next two years. “Having listened to customers and to the British public, Starbucks in the UK will be making … [Read more...]

Starbucks (SBUX) Steel Cards Selling for Insane Prices

On Friday, Starbucks released 5,000 limited edition cards made of steel on the luxury goods site, Gilt.com. In the end, the card costs $450 with $400 of the balance able to be used for credit towards Starbucks (NASDAQ: SBUX) purchases. Shockingly enough, the site sold out of the … [Read more...]