Health-care companies claim they are not threatened by Amazon's potential foray into the space. A recent lawsuit suggests otherwise.Technologyread more
It wasn't supposed to be this way: The 2017 tax cut and aggressive moves toward deregulation were supposed to pull the U.S. economy out of its glacial move higher.Economyread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday.Bondsread more
Slack pursued an unusual direct listing, meaning it did not have banks underwrite the offering.CNBC Disruptor 50read more
President Trump says Iran may not have intentionally downed an unmanned U.S. surveillance drone.Politicsread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social Capital.Technologyread more
The road to the Fed's policy pivot to lower interest rates began in early May, with a tweet from President Trump on trade.Market Insiderread more
See which stocks are posting big moves after the bell on June 20.Market Insiderread more
Chairman Jerry Nadler, D-N.Y., said in a statement that lawyers for the Trump administration blocked Hicks from answering questions 155 times during the Wednesday hearing.Politicsread more
Jim Cramer says "you'll want to keep some powder dry so you can buy into weakness and get some real bargains."Mad Money with Jim Cramerread more
CNBC analysis using Kensho found that Disney, Verizon and Home Depot were some of the best performing Dow stocks in declining-rate environments.Investingread more
Just weeks after closing all its company-owned stores to conduct anti-bias training, a Philadelphia Starbucks is in hot water after a barista allegedly mistreated a customer with a speech impediment.
A worker at a cafe in University City is accused of mocking a man with a stutter, according to an NBC affliate.
Tan Lekwijit, a Wharton student, described the June 27 incident in a post on Facebook saying that his friend Sam, a 28-year-old University of Pennsylvania graduate student, stuttered when he told the barista his name after ordering a coffee. The barista reportedly replied, "Okay, S-s-s-sam" and when Sam retrieved his coffee the cup had "SSSAM" printed on it.
"I am writing this not because I want to get anybody into trouble, but because I want to raise awareness among the employees," Lekwijit wrote on Facebook. "There are many people with speech disorders who are in a worse position than my friend’s and struggle with self-esteem and self-confidence. Getting this kind of treatment from people, especially service employees, only scars them — and I beg Starbucks employees to have this in mind."
According to Lekwijit, Sam reached out to Starbucks Customer Service, which apologized and offered $5 in compensation.
"We want our stores to serve as a welcoming place for everyone who visits and want to ensure our partners provide a positive experience," a Starbucks representative wrote on Lekwijit's Facebook post. "Our local leadership has reached out to Sam to better understand what took place and the specifics of his experience and apologize directly. We have zero tolerance for discrimination and are addressing this immediately."
In a statement to CNBC, Starbucks said: "Our local leadership has reached out to the customer to better understand what took place, the specifics of his experience, and to apologize for his experience directly."
This incident comes just three months after two black men were arrested at a different Starbucks in Philadelphia after asking to use the restroom and not ordering anything while they waited for a friend to arrive.
In response, Starbucks conducted an afternoon-long anti-bias training session with more than 175,000 employees in May. The training hoped to raise awareness among its staff about subconscious biases they may hold against people of different races, ethnicities, religions, genders and sexual orientation. The goal was to make Starbucks cafes more inclusive.
It was not immediately clear what, if anything, was said about disabilities.
The company announced earlier this week that it plans to roll out its new training program over the next year with six separate courses for managers and six for employees. These additional training sessions will address engaging with empathy, gratitude and building diverse teams.
Separately, the New York Post reported Starbucks' deputy general counsel in charge of ethics and compliance, Matthew Shay, a 21-year veteran of the company, retired at the start of June. Starbucks told the paper the exit was planned.