Visionary Starbucks CEO Howard Schultz to Step Down, Take New Role

Iconic Starbucks CEO Howard Schultz wants to focus on the high end coffee shops Starbucks is launching.
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Iconic Starbucks CEO Howard Schultz wants to focus on the high end coffee shops Starbucks is launching. He will continue to play a crucial role at the company, staying on as Chairman. Schultz is considered to be a visionary who built the coffee shops into one of the best known brands in the world. Schultz wants to oversee the company's efforts to open roasteries where customers can see the entire coffee process, take classes and taste unique coffees. The final employment report of the year is due today. This is also the last major piece of economic data before the Federal reserve meets next year. Surveys of economists predict jobs added will be 175,000 to 200,000. President-elect Donald Trump has picked retired Marine General James Mattis as Defense Secretary. Mattis retired as chief of U.S. Central Command in 2013, has often said that Washington lacks a strategy in the Middle East.