Read about Seattle coffee retail giant Starbucks, its brands, global expansion, competitors and developments in the coffee industry.

Ex-Starbucks chief Howard Schultz won’t run for president, citing risk of Trump reelection

FILE — Howard Schultz, the former Starbucks chief executive who has mulled running for president as an independent, in Seattle, Feb. 25, 2019. Schultz announced Friday, Sept. 6, that he was abandoning those plans, saying he had concluded that an independent bid would pose too great a risk of helping President Donald Trump win a second term. (Ruth Fremson/The New York Times) XNYT60

Schultz, the ex-Starbucks CEO, had been mulling a presidential bid as a moderate since January, saying the Democratic and Republican parties are dominated by extreme voices.

More Headlines