Coffee prices are falling, but liberal Starbucks CEO Howard Schultz has decided to raise its prices anyway. CNBC’s Squawk Box co-host Joe Kernen called Schultz out on July 7, saying Schultz was trying “to pad his profits.”
Kernen argued it was unfair to criticize airlines for failing to pass savings along to consumers when oil prices fell, but not criticize Starbucks for raising its prices even as the cost of coffee dropped.
It's no secret that 1960s rock star turned environmentalist-musician Neil Young of Buffalo Springfield fame uses his celebrity status to push political agendas.
In recent years he's attacked oil and fracking, and soon Young will release an entire album entitled "The Monsanto Years" attacking genetically modified foods.
For someone whose job title is global business editor, Daniel Gross seems far more concerned with bashing businessmen for not toeing the liberal line than reporting business news. Then again, perhaps we shouldn't expect that much from The Daily Beast.
Gross, who has slammed Apple's penchant for legal tax avoidance as being "too greedy for its own good" turned his attention today to Starbucks CEO Howard Schultz, lambasting him for daring to blame both Republicans and Democrats for the government shutdown, rather than use the work stoppage as an occasion to spout liberal talking points demonizing the Tea Party. The Yahoo! Finance alum seems particularly miffed because of Schultz's push for socially liberal stands in the past:
Starbucks Coffee is now living up to its effete liberal image by telling customers that they shouldn't carry guns in their stores (or the outdoor seating areas around their stores). But The Washington Post headline on an AP dispatch Thursday was "Starbucks walks a fine line over gun issue."
AP found them walking away from becoming an "unwitting supporter of gun rights." Chief executive Howard Schultz claimed the company is not "pro-gun or anti-gun," but they've clearly knuckled under to anti-gun pressure groups. The actual AP headline was "Starbucks' progressive ways draw fire on guns." Their latte sippers lean leftish: