Starbucks

Ticker SBUX

Today's data summary

Market closed
% change
+1.36%
Price US dollars
115.36
Change
+1.55
As of 13:10 14 Apr 2021
Market cap. US dollars
136,354.89 million
As of 13:10 14 Apr 2021

Latest updates

  1. Starbucks bans reusable cups in North America

    Starbucks shop

    Starbucks has temporarily stopped making drinks in customer-provided cups in the US and Canada.

    "We are pausing the use of personal cups and 'for here' ware in our stores,"the coffee giant said in a statement.

    "We have provided scenario-based procedural information to our store teams on how to report and support anyone that may express they’ve been impacted by the virus, including store closure decision making support," it added.

    The company has also modified or postponed large meetings across its offices in North America and restricted all business-related air travel, both domestic and international, until 31 March.

  2. Good morning!

    Welcome to Business Live. Today should be the day that the government finally announces whether it will allow Huawei technology in the UK's 5G network.

    If it is a yes, expect plenty of angry reaction from the US.

    The death toll from coronavirus is rising and so are concerns about what this means for the global economy. Companies with a big exposure to China - such as Christian Dior and LVMH which publish results shortly - have seen their shares pummelled in recent days.

    Apple will report its financials for the Christmas quarter later this evening as will Starbucks and eBay.

    And in the UK, expect updates from Virgin Money, Saga and Irn-Bru maker AG Barr.

    As always, we'd love to hear from you. Email Business Live at bizlivepage@bbc.co.uk