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Starbucks in settlement on overtime pay
Seattle -- Starbucks Corp. agreed to pay nearly $1.6 million to cafe managers and their lawyers to settle a dispute concerning overtime pay, the Associated Press reported.
The lawsuit was filed in 2009 in U.S. District Court in South Florida by a former Starbucks employee and covered roughly 550 managers.
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Starbucks CEO cancels speech at church
New York City -- Howard Schultz, CEO of Starbucks, cancelled a speech he was to give Friday at The Global Leadership Summit, an annual leadership summit organized by megachurch Willow Creek Community Church, South Barrington, Ill., after an online petition condemned the congregation as anti-gay. The church denies the charges.
The annual event draws tens of thousands of viewers via satellite. Past speakers have included former GE's Jack Welch former president Bill Clinton.