Starbucks stock earnings suffer as boycotts brew trouble
The coffeehouse giant Starbucks (NASDAQ: SBUX) found itself entangled in the Israel-Hamas war as it sued the Workers United union for using its name in calling for a ceasefire, as it sued them for copyright infringement.The legal action required Workers United to discontinue the use of the name “Starbucks Workers United” for their labor organizing group. The lawsuit argued that using this name had triggered customer outrage and negatively impacted the company’s reputation.Nevertheless, Starbucks faced a new ...