Starbucks' incoming CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant.

Starbucks named Chipotle's Brian Niccol to be its new chairman and CEO on Tuesday.

Starbucks’ revenue fell 1% in the April-June period as customer traffic weakened in the U.S. and China.

Former Starbucks CEO Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales.

Starbucks lowered expectations for its full-year sales and profit after a disastrous quarter that saw a slowdown in store visits across the world.

Starbucks on Tuesday reported record revenue in its fiscal first quarter but lowered its sales outlook for the rest of the year as spending weakens in China and other markets.

Customers fell for Starbucks’ fall menu in its fiscal fourth quarter, helping the company achieve record revenue with Pumpkin Spice Lattes and apple croissants.

Starbucks reported record revenue in its fiscal third quarter as sales in China roared back to life.

Starbucks has posted stronger-than-expected sales in its fiscal second quarter.

Starbucks’ new CEO says he plans to work a half-day shift once a month in one of the company’s stores.

Starbucks plans to spend $450 million next year to make its North American stores more efficient and less complex.

Starbucks has named a longtime PepsiCo executive as its new CEO.