Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on TwitterBe a Facebook FanTumble us!

Posted on August 16, 2011 | tags


Biz: Starbucks CEO to corporations: Get off your butt and hire some people!

  • Record levels of cash are piling up in corporate treasuries, idling. The only way to break this cycle of fear is to break it.
  • Starbucks CEO Howard Schultz • Following the lead of Warren Buffett and pushing for more responsibility from those that can afford it. While Buffett went after super-rich taxpayers; Schultz instead is going after corporations that are sitting on piles of cash, yet are staying on the sidelines and choosing not to hire more people — or worse, putting that money into political campaigns in hopes of putting business-friendly leadership in power in 2012. While Starbucks has had union issues and gay rights issues crop up recently, the company does have a reputation for treating its employees better than most corporations of its size. Kudos, Howard. source