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Starbucks Just Gave Big Raises to 150,000 of Its Workers

Starbucks (SBUX) is moving quickly to silence concerns among employees over slashed hours and poor working conditions. On Monday, the coffee giant unveiled several changes to how it compensates employees, including raises of at least 5% for the more than 150,000 employees and store managers at its company-owned locations in the U.S.

"Every day, I strive to build the kind of company that my father never had a chance to work for, one that not only cares for its people but gives them opportunities to be their best...