Financing
Starbucks is selling control of its China business to Boyu Capital
The investment firm and the coffee shop giant are forming a joint venture to run the business in a deal valued at $4 billion. Starbucks will retain a 40% stake in the business.
Financing
How Starbucks plans to respond to growing competitors like 7 Brew
The coffee-shop giant has been beset by a new generation of drive-thru-only beverage concepts. CEO Brian Niccol is undeterred. "I already have the biggest drive-thru coffee chain in America."